DSCR up to 8 units in Equality, AL

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

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

Investment Opportunities in Equality, AL

Benefits of DSCR Loan in Equality, Alabama

A Debt-Service Coverage Ratio (DSCR) loan in Equality, Alabama offers numerous benefits. The primary advantage is that it provides financing based on the property's income potential rather than the borrower's credit score, making it accessible to a wider range of borrowers.

Demographics in Equality, Alabama show a tight-knit community with a population of approximately 1,000 residents. The area boasts a mix of age groups, with a slightly higher percentage of families and a strong sense of community and pride.

The housing market in Equality, Alabama exhibits stability with steady appreciation rates. DSCR loans contribute to supporting the local real estate market by facilitating property investments and homeownership opportunities for both residents and investors.

Main attractions in Equality, Alabama include the stunning Lake Martin, offering recreational activities like fishing, boating, and swimming. Additionally, the area features picturesque trails for hiking enthusiasts and charming local shops and restaurants for residents and visitors to enjoy.

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