DSCR up to 8 units in Green Pond, AL

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

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

Investment Opportunities in Green Pond, AL

Benefits of DSCR Loan in Green Pond, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer investors in Green Pond an opportunity to finance investment properties. These loans are beneficial due to their focus on property income rather than personal credit scores, making them accessible to a wider range of investors.

Green Pond, located in Bibb County, Alabama, has a population of approximately 1,500 residents. The village offers a peaceful and close-knit community environment, perfect for families and individuals looking to escape the hustle and bustle of city life.

In terms of the housing market, Green Pond is characterized by affordable property prices compared to neighboring areas. The market offers a mix of single-family homes and rental properties, making it attractive for investors looking to diversify their portfolios or first-time homebuyers.

Some main attractions in Green Pond include the nearby Cahaba River, a popular spot for fishing and water activities. The Tannehill Ironworks Historical State Park is also a significant historical site, allowing residents and visitors to explore Alabama's industrial past.

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