DSCR up to 8 units in Guntersville, AL

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

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

Investment Opportunities in Guntersville, AL

Benefits of DSCR Loan in Guntersville, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals in Guntersville, Alabama. These loans are particularly advantageous for real estate investments as they provide flexible financing options with competitive interest rates, making it easier for borrowers to secure funding for various property ventures.

Demographically, Guntersville is a charming city located in Marshall County, Alabama. With a population of around 8,600 residents, it offers a tight-knit community feel. The city has a mix of both young families and retirees, creating a diverse and welcoming atmosphere for individuals looking to settle down in a peaceful and scenic environment.

In terms of the housing market, Guntersville has seen steady growth in property values over the past few years. The real estate market offers a range of housing options, from cozy lakeside cottages to spacious family homes. With the help of DSCR loans, prospective buyers can take advantage of these favorable market conditions to invest in their dream home or rental property.

When visiting Guntersville, be sure to explore the main attractions that make this city unique. From the picturesque Lake Guntersville, ideal for fishing and boating enthusiasts, to the vibrant shops and restaurants in the downtown area, there is something for everyone to enjoy in this charming Southern town.

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