DSCR up to 8 units in Ethelsville, AL

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

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

Investment Opportunities in Ethelsville, AL

DSCR Loan Benefits in Ethelsville, Alabama

DSCR loans in Ethelsville, Alabama offer borrowers the advantage of a Debt Service Coverage Ratio that provides financial security by ensuring that rental income from the property covers the loan payments. This minimizes the risk of default and enhances the borrower's ability to secure funding for real estate investments.

Ethelsville, located in Pickens County, Alabama, has a population of approximately 90 residents as of the latest census. The area boasts a close-knit community atmosphere, with a mix of rural landscapes and small-town charm that appeals to those seeking a quiet lifestyle.

The housing market in Ethelsville is characterized by affordable property prices compared to nearby urban areas. With a median home value below the national average, prospective buyers can find attractive real estate opportunities, whether looking for a primary residence or investment property.

Main attractions in Ethelsville include the picturesque countryside ideal for outdoor activities such as hiking, hunting, and fishing. The town also hosts community events that bring residents together, fostering a strong sense of belonging and camaraderie.

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