DSCR up to 8 units in Glenwood, AL

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

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

Investment Opportunities in Glenwood, AL

Benefits of DSCR Loan in Glenwood, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for real estate investors in Glenwood, Alabama. These loans are ideal for financing properties with stable income streams, providing borrowers with favorable terms and rates.

Demographically, Glenwood is a vibrant community with a diverse population. The town has a mix of families, young professionals, and retirees, creating a dynamic and inclusive atmosphere. The cost of living is reasonable, making Glenwood an attractive destination for individuals and families looking to settle down.

In terms of the housing market, Glenwood offers a range of property options, from cozy single-family homes to spacious apartments. The market is stable, with steady appreciation rates and a low inventory of homes for sale, making it a seller's market. DSCR loans can help buyers take advantage of these favorable conditions.

Main attractions in Glenwood include the picturesque Glenwood Lake, perfect for outdoor activities like fishing and boating. The town also boasts charming local shops, restaurants serving delicious southern cuisine, and a welcoming community center that hosts events for residents of all ages.

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