DSCR up to 8 units in Dixons Mills, AL

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

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

Investment Opportunities in Dixons Mills, AL

DSCR Loan Benefits in Dixons Mills, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Dixons Mills, Alabama offers numerous benefits for borrowers. One of the key advantages is that it helps assess the borrower's ability to generate enough income to cover the mortgage payments, ensuring financial stability and reducing the risk of default.

Demographically, Dixons Mills is a small town located in Marengo County, Alabama, with a population of around 300 residents. The town has a close-knit community feel, making it an ideal place for individuals looking for a peaceful and friendly environment.

In terms of the housing market, Dixons Mills offers affordable real estate options, with a mix of single-family homes and properties suitable for investment. The town's housing market is stable, making it a great opportunity for potential buyers to invest in property.

Some main attractions in Dixons Mills include the beautiful Payne Lake Recreation Area, perfect for outdoor activities like fishing and picnicking. Additionally, the town is close to the Talladega National Forest, offering residents scenic natural surroundings and plenty of hiking trails to explore.

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