DSCR up to 8 units in Cullman, AL

DSCR loan in Cullman, 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 Cullman, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Cullman, 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 Cullman, 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 Cullman, AL real estate investors have you covered.

Investment Opportunities in Cullman, AL

DSCR Loan Benefits in Cullman, Alabama

Benefits of DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan in Cullman, Alabama, offers significant advantages to borrowers. These loans are ideal for real estate investors as the lender primarily analyzes property income to determine loan eligibility.

Demographics:

Cullman, Alabama, has a population of approximately 17,000 residents. The community is characterized by its friendly small-town atmosphere, making it an ideal place for families seeking a welcoming environment.

Housing Market:

The housing market in Cullman, Alabama, is thriving, with a variety of affordable properties available. The median home price is $150,000, making it an attractive location for first-time homebuyers and investors alike.

Main Attractions:

Cullman is home to the iconic Ave Maria Grotto, a stunning garden featuring miniature reproductions of famous religious structures. Additionally, residents and visitors can enjoy outdoor activities at Smith Lake Park, known for its picturesque scenery and recreational opportunities.

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