DSCR up to 8 units in Fort Mitchell, AL

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

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

Investment Opportunities in Fort Mitchell, AL

Benefits of DSCR Loan in Fort Mitchell, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Fort Mitchell, Alabama. These loans are known for their flexibility in financing commercial properties, providing competitive interest rates, and offering longer repayment periods compared to traditional loans.

Fort Mitchell is a charming town in Alabama with a diverse population. The demographics of Fort Mitchell include a mix of young families, professionals, and retirees. The community is known for its friendly atmosphere, strong sense of community, and close-knit neighborhoods.

The housing market in Fort Mitchell is vibrant, with a range of options available for buyers and investors. There is a mix of historic homes, new developments, and rural properties. The real estate market is characterized by steady appreciation and a variety of housing styles to suit different preferences and budgets.

Some main attractions in Fort Mitchell include the nearby Chattahoochee River, perfect for outdoor activities such as fishing, boating, and hiking. The town also boasts historical sites like Fort Mitchell Historic Site and is known for its local dining scene featuring southern cuisine and hospitality.

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