DSCR up to 8 units in Enterprise, AL

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

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

Investment Opportunities in Enterprise, AL

Benefits of DSCR Loan in Enterprise, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer several advantages to businesses in Enterprise, Alabama. These loans provide a buffer for unforeseen financial challenges, ensuring the stability of the business's cash flow. Additionally, DSCR loans typically have lower interest rates, making them a cost-effective financing option for enterprises in the area.

Enterprise, Alabama, boasts a diverse population, with a majority of residents employed in the healthcare, education, and retail sectors. The city's vibrant community spirit and strong work ethic make it an ideal location for businesses looking to thrive in a supportive environment.

The housing market in Enterprise, Alabama, is competitive yet affordable. With a range of housing options available, from modern apartments to spacious family homes, prospective residents can find a property that suits their needs and budget. The city's real estate market offers opportunities for both homeowners and investors looking to capitalize on the area's growth.

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