DSCR up to 8 units in Fort Davis, AL

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

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

Investment Opportunities in Fort Davis, AL

Benefits of DSCR Loan in Fort Davis, Alabama

DSCR loans in Fort Davis, Alabama offer numerous benefits to potential homeowners. One of the key advantages is the ability to qualify for a larger loan amount since these loans consider the property's income potential rather than just the borrower's personal income.

Demographically, Fort Davis is a quaint town with a population of around 500 residents. The community is close-knit, offering a small-town feel with neighborly interactions. The town has a diverse population with a mix of different age groups and backgrounds, making it an inclusive place to live.

In terms of the housing market, Fort Davis provides a range of property options, from historic homes to modern developments. The market is relatively stable, with a steady demand for housing fueled by the town's charm and proximity to larger cities. DSCR loans can help buyers invest in these properties while leveraging the income potential of the real estate.

Some main attractions in Fort Davis include the picturesque downtown area, known for its antique shops and local eateries. The town also boasts beautiful natural scenery, with opportunities for outdoor activities like hiking and fishing. Additionally, Fort Davis is rich in history, with landmarks that showcase its heritage and culture.

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