DSCR up to 8 units in Delta, AL

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

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

Investment Opportunities in Delta, AL

Benefits of DSCR Loan in Delta, Alabama

DSCR loans in Delta, Alabama, offer numerous advantages for investors and property buyers. These loans are specifically designed for income-producing properties, helping borrowers qualify based on the property's cash flow rather than their personal income.

Demographically, Delta, Alabama, is a small town with a close-knit community. The population is diverse, with a mix of ages and backgrounds, creating a welcoming environment for residents and visitors alike.

The housing market in Delta, Alabama, is thriving, offering a range of affordable options for homebuyers. With the help of DSCR loans, investors can access financing to purchase rental properties or expand their real estate portfolio in this growing market.

Main attractions in Delta, Alabama, include its picturesque natural surroundings, such as parks and lakes, making it ideal for outdoor enthusiasts. The town also boasts historical landmarks and cultural events that showcase the local heritage and charm of the community.

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