DSCR up to 8 units in Deer Park, AL

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

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

Investment Opportunities in Deer Park, AL

Benefits of DSCR Loan in Deer Park, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Deer Park, Alabama. They provide a flexible repayment structure based on your property's income, offering lower risk and potentially higher loan amounts compared to traditional mortgages.

Deer Park, Alabama, located in Mobile County, has a diverse demographic profile, with a mix of families, young professionals, and retirees contributing to its vibrant community. The town's population enjoys a moderate cost of living and access to quality education and healthcare services.

The housing market in Deer Park is on the rise, offering a range of property options from spacious single-family homes to cozy apartments. With affordable prices and low-interest rates, the real estate market presents excellent opportunities for both homebuyers and investors looking to capitalize on the town's growth.

Some of the main attractions in Deer Park include its beautiful natural surroundings, such as the nearby Deer Park Reservoir and hiking trails. Additionally, the town boasts a rich historical heritage, with landmarks like the Deer Park Baptist Church attracting visitors and residents alike.

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