DSCR up to 8 units in Excel, AL

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

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

Investment Opportunities in Excel, AL

The Benefits of DSCR Loan in Excel, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits in Excel, Alabama. These loans are advantageous for investors looking to finance income-producing properties. They typically have lower interest rates and longer terms compared to traditional mortgages.

Demographically, Excel, Alabama, is a small town with a population that cherishes community. The cost of living is reasonable, making it an attractive option for families and retirees. The town has a strong sense of local pride and a welcoming atmosphere.

In terms of the housing market, Excel offers a variety of affordable housing options, from cozy single-family homes to spacious apartments. The market is stable, with steady appreciation rates. Investing in property in Excel is considered a sound financial decision.

Main attractions in Excel include the picturesque parks and outdoor recreational areas, perfect for nature lovers. The town also boasts a rich history, with historical sites and museums that offer insight into its past. Residents enjoy a peaceful and relaxed lifestyle in this charming Southern town.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now