DSCR up to 8 units in Daphne, AL

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

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

Investment Opportunities in Daphne, AL

Benefits of DSCR Loan in Daphne, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Daphne, Alabama offers several advantages to borrowers. One of the primary benefits is the ability to secure financing based on the property's income potential rather than personal income. This can be advantageous for investors looking to expand their real estate portfolio.

Demographically, Daphne, Alabama has a population of approximately 26,000 residents. The city boasts a diverse community with a median household income above the national average. The favorable demographics contribute to a stable real estate market that attracts both homeowners and investors.

The housing market in Daphne, Alabama is characterized by a mix of new developments and established neighborhoods. The city offers a range of housing options to suit different budgets and preferences. With steady appreciation rates and a growing demand for housing, Daphne presents a promising investment opportunity for those considering a DSCR loan.

Some main attractions in Daphne include the picturesque Bayfront Park, the historic Daphne Museum, and the popular Daphne Farmers Market. The city's vibrant cultural scene, outdoor recreational activities, and proximity to the Gulf Coast make it an attractive place to live and invest in real estate.

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