DSCR up to 8 units in Garden City, AL

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

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

Investment Opportunities in Garden City, AL

Benefits of DSCR Loan in Garden City, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Garden City, Alabama. These loans are ideal for real estate investors looking to purchase rental properties. DSCR loans have lower interest rates compared to traditional mortgages, making them a cost-effective financing option for investment properties.

Demographics in Garden City, Alabama, show a population predominantly made up of working-age individuals and families. The area has a diverse community with a mix of professionals, entrepreneurs, and retirees. The cost of living in Garden City is moderate, making it an attractive location for homebuyers and investors alike.

The housing market in Garden City is thriving, with a range of residential properties available for sale or rent. The demand for rental properties remains high, creating opportunities for investors to generate steady rental income. The market is stable, offering good appreciation potential for property owners.

Garden City, Alabama, boasts a variety of main attractions, including beautiful parks, historic sites, and outdoor recreational activities. Residents and visitors can enjoy exploring the local parks, hiking trails, and cultural landmarks, providing a rich experience for individuals and families living in or visiting the area.

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