DSCR up to 8 units in Coy, AL

DSCR loan in Coy, AL is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Coy, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Coy, AL

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Coy, AL can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Coy, AL real estate investors have you covered.

Investment Opportunities in Coy, AL

Benefits of DSCR Loan in Coy, Alabama

DSCR loans offer attractive benefits for investors in Coy, Alabama. These loans are based on the property's cash flow rather than the borrower's credit score, making them accessible to individuals with lower credit scores.

Demographics in Coy, Alabama show a diverse population with a mix of both rural and urban characteristics. The town boasts a close-knit community where residents value the peaceful and picturesque surroundings.

The housing market in Coy, Alabama is experiencing steady growth, with affordable property prices and a high demand for rental properties. This makes it an ideal location for real estate investors looking to generate passive income through rental properties.

Coy, Alabama offers a range of attractions for residents and visitors alike. From outdoor activities such as hiking and fishing to cultural events and local festivals, there is something for everyone to enjoy in this charming town.

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