DSCR up to 8 units in Fruithurst, AL

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

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

Investment Opportunities in Fruithurst, AL

Benefits of DSCR Loans in Fruithurst, Alabama

DSCR loans, also known as Debt Service Coverage Ratio loans, offer a range of benefits for property investors in Fruithurst, Alabama. These loans are ideal for investors looking to finance income-generating properties as the focus is more on the property's income potential rather than the borrower's credit score.

Demographically, Fruithurst, Alabama, is a charming small town with a population of around 280 people. The town boasts a close-knit community feel, making it an attractive place for families and retirees looking for a peaceful lifestyle away from the hustle and bustle of city living.

Regarding the housing market, Fruithurst offers affordable real estate options, making it an enticing location for property investors. With the help of DSCR loans, investors can secure financing for rental properties, ensuring a steady income stream from tenants in this up-and-coming market.

Some of the main attractions in Fruithurst include the picturesque Talladega National Forest, providing residents with ample opportunities for outdoor recreation. Additionally, the town is known for its historical charm, with landmarks like the Fruithurst Historic District showcasing its rich past.

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