DSCR up to 8 units in Grady, AL

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

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

Investment Opportunities in Grady, AL

Benefits of a DSCR Loan in Grady, Alabama

DSCR loans provide numerous advantages to individuals in Grady, Alabama. These loans are ideal for real estate investors as they consider the property's income-generating potential rather than the borrower's credit score. This makes it easier for investors to secure financing for their property investments.

Grady, Alabama, is a small town with a population of approximately 2000 residents. The town boasts a close-knit community and a low cost of living, making it an attractive place for families and retirees. The demographic makeup of Grady includes a mix of young professionals, families, and seniors, creating a diverse and welcoming environment.

The housing market in Grady offers a range of opportunities for both buyers and sellers. With affordable housing options and a stable market, individuals can find their dream home at a reasonable price. Additionally, the demand for rental properties in Grady is high, making it a lucrative market for real estate investors looking to generate passive income.

While Grady may be a small town, it has a lot to offer in terms of attractions. The town is known for its picturesque landscapes, historic sites, and outdoor recreational activities. From hiking trails and parks to local shops and restaurants, Grady provides residents with a charming and peaceful living environment.

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