DSCR up to 8 units in Fultondale, AL

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

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

Investment Opportunities in Fultondale, AL

Benefits of a DSCR Loan in Fultondale, Alabama

Loan Benefits:

A Debt Service Coverage Ratio (DSCR) loan in Fultondale, Alabama, offers numerous advantages to prospective real estate investors. This type of loan is known for its flexibility in determining loan amounts based on property cash flow rather than the investor's personal income, making it an attractive option for those with multiple investment properties.

Demographics:

Fultondale, Alabama, is a vibrant community with a population that reflects a mix of ages, incomes, and occupations. The town has a strong sense of community and offers various amenities and services catering to the diverse needs of its residents.

Housing Market:

The housing market in Fultondale is experiencing steady growth, with a range of housing options available to buyers and renters alike. The DSCR loan option provides investors with the opportunity to leverage the growing market while benefiting from the favorable loan terms.

Main Attractions:

Aside from its real estate market, Fultondale boasts a variety of attractions, including parks, shopping centers, and cultural venues. The town's convenient location and welcoming atmosphere make it an appealing destination for both residents and visitors.

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