DSCR up to 8 units in Hillsboro, AL

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

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

Investment Opportunities in Hillsboro, AL

Benefits of DSCR Loan in Hillsboro, Alabama

DSCR (Debt Service Coverage Ratio) loans provide significant benefits to residents in Hillsboro, Alabama. These loans offer lower interest rates and longer repayment terms compared to traditional loans, making them more affordable and easier to manage for borrowers.

Moreover, DSCR loans do not require a personal guarantee, which reduces the risk for individuals and protects their personal assets. This feature makes them particularly attractive for small business owners and entrepreneurs looking to invest in the local economy.

Additionally, the ability to finance up to 80% of the property value with a DSCR loan enables residents of Hillsboro to acquire real estate assets that would otherwise be out of reach, fostering economic growth and development in the community.

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