DSCR up to 8 units in Gallion, AL

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

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

Investment Opportunities in Gallion, AL

Benefits of a DSCR Loan in Gallion, Alabama

DSCR loans are a popular financing option for real estate investments in Gallion, Alabama. These loans provide investors with the benefit of using the property's income to qualify for the loan, rather than relying solely on personal income. This can be advantageous for borrowers with multiple properties or those looking to maximize their investment potential.

Demographics: Gallion, Alabama, is a small town with a population of approximately 1,300 residents. The community is close-knit, offering a friendly and welcoming atmosphere for both residents and visitors. The town has a diverse demographic profile, with a mix of families, retirees, and young professionals.

Housing Market: The housing market in Gallion, Alabama, is stable and offers a variety of property options for investors. The median home price in Gallion is affordable, making it an attractive location for first-time homebuyers and real estate investors alike. The market is projected to see steady growth in the coming years, presenting opportunities for both short-term and long-term investments.

Main Attractions: Gallion, Alabama, is known for its scenic beauty and outdoor recreational opportunities. The town is located near the Tombigbee River, providing residents with access to fishing, boating, and other water activities. Additionally, the area boasts several parks and hiking trails, making it a popular destination for nature enthusiasts.

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