DSCR up to 8 units in Gordon, AL

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

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

Investment Opportunities in Gordon, AL

Benefits of DSCR Loan in Gordon, Alabama

DSCR loans offer numerous benefits, including competitive interest rates and flexible repayment terms, making them ideal for property investments in Gordon. Borrowers can secure financing based on the property's income potential rather than personal income.

Demographics: Gordon is a charming town in Alabama with a population of approximately 3000 residents. The community is diverse, with a mix of families, young professionals, and retirees creating a welcoming and inclusive environment.

Housing Market: Gordon's housing market is stable, with a range of affordable options for first-time homebuyers and investors. The median home price is reasonable, and properties often offer good rental income potential, making it an attractive location for real estate investments.

Main Attractions: Gordon's main attractions include the scenic Cahaba River, ideal for outdoor activities like fishing and kayaking. The town also boasts historic sites, quaint shops, and local eateries, providing a charming Southern experience for residents and visitors alike.

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