DSCR up to 8 units in Hardaway, AL

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

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

Investment Opportunities in Hardaway, AL

Benefits of DSCR Loan in Hardaway, Alabama

DSCR (Debt Service Coverage Ratio) loans offer lower interest rates and higher loan amounts compared to traditional mortgages. Borrowers in Hardaway, Alabama can benefit from these loans to finance investment properties or commercial real estate, providing them with greater financial flexibility and potential for higher returns.

Demographics: Hardaway, Alabama, a vibrant rural community, has a population of approximately 700 residents. The town boasts a diverse demographic makeup with a mix of age groups and income levels, creating a welcoming and inclusive environment for all.

Housing Market: The housing market in Hardaway, Alabama, is characterized by affordable home prices and a stable real estate sector. With a steady demand for housing and a variety of property options available, prospective buyers can find suitable residences at competitive prices, making it an attractive location for those looking to invest in real estate.

Main Attractions: Hardaway, Alabama, is known for its picturesque natural landscapes, offering residents and visitors alike opportunities for outdoor activities such as hiking, fishing, and camping. The town also features historical landmarks, quaint local shops, and community events that showcase the town's rich cultural heritage.

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