DSCR up to 8 units in Eutaw, AL

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

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

Investment Opportunities in Eutaw, AL

DSCR Loan Benefits in Eutaw, Alabama

DSCR (debt service coverage ratio) loans offer numerous benefits to individuals and businesses in Eutaw, Alabama. These loans provide borrowers with a way to finance properties while ensuring they have sufficient income to cover the debt obligations. This can lead to lower risk and more manageable repayments for the borrower.

The town of Eutaw, Alabama, has a diverse demographic makeup consisting of primarily African American residents. The population is around 2,800 people and the community is known for its friendly and welcoming atmosphere. Eutaw boasts a rich history and culture that reflects the diversity of its residents.

In terms of the housing market, Eutaw offers a mix of historic homes and newer developments. The real estate market in Eutaw is relatively affordable compared to other parts of Alabama, making it an attractive location for homebuyers and investors. With a range of housing options available, Eutaw provides opportunities for individuals and families looking to establish roots in a close-knit community.

Some of the main attractions in Eutaw include the Greene County Courthouse, Prairieville Park, and the historic First Presbyterian Church. These landmarks offer residents and visitors a glimpse into the town's past and provide opportunities for cultural enrichment and recreational activities. Eutaw's charm lies in its blend of historical significance and natural beauty, making it a unique and appealing place to live or visit.

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