DSCR up to 8 units in Grant, AL

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

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

Investment Opportunities in Grant, AL

DSCR Loan Benefits in Grant, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals and businesses in Grant, Alabama. One of the key advantages is the ability to secure financing based on the property's income potential rather than the borrower's credit score, making it easier for investors to obtain loans for income-generating properties.

Grant, Alabama, is a small town with a population of approximately 897 residents. The town boasts a close-knit community feel, low crime rates, and affordable living costs, making it an attractive location for both investors and residents looking to settle down in a peaceful setting.

The housing market in Grant, Alabama, is characterized by affordable home prices and a strong demand for rental properties. DSCR loans play a crucial role in enabling investors to purchase and renovate properties for rental purposes, thereby contributing to the growth of the local real estate market.

Some of the main attractions in Grant include the picturesque Cathedral Caverns State Park, offering stunning cave tours and hiking trails, as well as the annual Grant Bluegrass Festival that draws music enthusiasts from across the region. These attractions, coupled with the town's charm, make Grant a desirable place to visit and live.

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