DSCR up to 8 units in Furman, AL

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

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

Investment Opportunities in Furman, AL

DSCR Loan Benefits in Furman, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits to borrowers in Furman, Alabama. These loans provide a way for individuals and businesses to secure financing based on the income a property generates rather than personal income or credit score.

In terms of demographics, Furman is a vibrant community in Alabama with a diverse population. The majority of residents are families and young professionals attracted to the area for its affordable cost of living and strong sense of community.

The housing market in Furman is robust, with a range of property options available to potential buyers. The median home price is competitive, making it an attractive location for first-time homebuyers or those looking to invest in real estate.

Some main attractions in Furman include beautiful parks and outdoor spaces, historical landmarks, and a variety of local restaurants and shops. The town offers a mix of recreational and cultural activities for residents and visitors alike.

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