DSCR up to 8 units in Empire, AL

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

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

Investment Opportunities in Empire, AL

DSCR Loan Benefits in Empire, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits in Empire, Alabama. These loans provide a more comprehensive assessment of the borrower's ability to repay debt, making them ideal for businesses and real estate investments. They also typically come with lower interest rates, longer repayment terms, and higher loan amounts compared to traditional loans, enabling borrowers to secure more significant financing for their projects.

Empire, Alabama, is a small town with a population that embodies the charming Southern hospitality. The town has a diverse demographic makeup, with a mix of young families and retirees. The cost of living is relatively low, making it an attractive location for those seeking affordable housing options and a peaceful community-oriented lifestyle.

The housing market in Empire, Alabama, presents a range of opportunities for both homebuyers and investors. The market offers a mix of single-family homes, townhouses, and apartments at varying price points, catering to different budget requirements. With the steady demand for housing in the area, real estate investments in Empire have shown promising appreciation rates, making it a lucrative market for property buyers.

Empire, Alabama, may be a small town, but it boasts several main attractions that draw visitors and residents alike. From scenic parks and nature trails to historical landmarks and local festivals, Empire offers a rich cultural experience. The town's close-knit community and welcoming atmosphere make it a desirable place to live and visit for those seeking a laid-back Southern lifestyle.

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