DSCR up to 8 units in Franklin, AL

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

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

Investment Opportunities in Franklin, AL

Benefits of DSCR Loan in Franklin, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits in Franklin, Alabama. One of the key advantages is the ability for real estate investors to secure financing based on the property's income potential rather than personal income. This can help investors expand their portfolio without being limited by personal debt levels.

Demographically, Franklin, Alabama, is a diverse and growing community. With a mix of young professionals and families, the area offers a vibrant and welcoming environment. The population has been steadily increasing, indicating a good potential for investments in rental properties supported by a steady demand for housing.

The housing market in Franklin, Alabama, is showing promising signs of growth. The demand for rental properties is high, making it an ideal location for real estate investors seeking rental income. The median home prices are affordable, attracting both buyers and renters to the area.

Franklin, Alabama, boasts several main attractions that appeal to residents and visitors alike. From historic landmarks to outdoor recreational activities, there is something for everyone. The charming downtown area offers a mix of local shops and restaurants, creating a unique small-town atmosphere.

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