DSCR up to 8 units in Hollywood, AL

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

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

Investment Opportunities in Hollywood, AL

Benefits of DSCR Loan in Hollywood, Alabama

DSCR (Debt Service Coverage Ratio) loans offer financing based on the income a property generates rather than the borrower's personal income. This type of loan is particularly advantageous in real estate investments as it allows borrowers to secure funds without relying solely on personal finances.

Demographically, Hollywood, Alabama, is a quaint town with a population of approximately 1,000 residents. The community has a close-knit feel, offering a peaceful and tight community bond that appeals to families and retirees seeking a slower pace of life.

The housing market in Hollywood, Alabama, is characterized by charming single-family homes and spacious properties. With the help of DSCR loans, investors can take advantage of the affordable real estate prices in the area, allowing for profitable and sustainable rental property investments.

Main attractions in Hollywood include the picturesque Lake Guntersville, ideal for outdoor enthusiasts looking to engage in activities like fishing, boating, and hiking. Additionally, Hollywood is located near the stunning Buck's Pocket State Park, providing residents and visitors with ample opportunities for recreation and relaxation.

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