DSCR up to 8 units in Decatur, AL

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

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

Investment Opportunities in Decatur, AL

Benefits of DSCR Loan in Decatur, Alabama

A Debt-Service Coverage Ratio (DSCR) loan offers financial benefits to borrowers in Decatur, Alabama. This type of loan assesses the borrower's ability to cover the debt repayment with the property's operating income, making it a favorable option for real estate investments.

Decatur, Alabama, is a city with a diverse demographic profile. The population consists of various age groups, with a mix of families, young professionals, and retirees. The city's growing economy and affordable living opportunities make it an attractive location for individuals from different backgrounds.

In terms of the housing market, Decatur offers a range of options for real estate investors. With the help of DSCR loans, individuals can invest in properties that have the potential for high returns. The housing market in Decatur is stable and offers opportunities for both short-term gains and long-term investments.

Decatur boasts several main attractions that make it a desirable place to live and visit. From the historic Old Decatur Historic District to the vibrant dining scene, the city has something for everyone. The Wheeler National Wildlife Refuge and the proximity to outdoor activities like hiking and fishing add to the city's charm.

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