DSCR up to 8 units in Haleyville, AL

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

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

Investment Opportunities in Haleyville, AL

Benefits of DSCR Loan in Haleyville, Alabama

Benefits

A DSCR (Debt Service Coverage Ratio) loan provides a great financing option for property investors in Haleyville, Alabama. This type of loan allows investors to leverage their rental income and property value to secure financing for new investments without relying solely on personal income.

Demographics

Haleyville, Alabama, is a small city with a population of approximately 4,000 residents. The community is known for its friendly small-town atmosphere and close-knit neighborhoods. The city has a diverse population with a mix of age groups, including young families and retirees.

Housing Market

The housing market in Haleyville, Alabama, offers affordable options for investors and homebuyers alike. The city has a range of housing types, from single-family homes to multi-unit properties, providing opportunities for different investment strategies. With steady demand and competitive prices, the housing market in Haleyville is attractive for both buyers and sellers.

Main Attractions

Some of the main attractions in Haleyville include the historic Winston County Courthouse, which serves as a landmark in the city center. Outdoor enthusiasts can explore the nearby Bankhead National Forest, known for its hiking trails and scenic views. Additionally, Haleyville is home to annual events such as the 9-1-1 Festival, celebrating its status as the birthplace of the emergency call system.

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