DSCR up to 8 units in Horton, AL

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

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

Investment Opportunities in Horton, AL

Benefits of DSCR Loan in Horton, Alabama

DSCR (Debt Service Coverage Ratio) loans offer significant benefits to individuals and businesses in Horton, Alabama. These loans provide borrowers with a way to finance real estate investments while ensuring that the property's income is sufficient to cover debt payments. This reduces risk and improves financial stability for borrowers.

Demographically, Horton, Alabama, is a charming small town with a population of approximately 5,000 residents. The town has a close-knit community and a low cost of living, making it an attractive place for families and retirees. The average household income is around the national average, providing a stable economic base for residents.

The housing market in Horton is diverse, offering a range of options from cozy single-family homes to spacious rural properties. With the help of DSCR loans, prospective homebuyers can access affordable financing options to purchase their dream homes. The market is stable, with steady appreciation rates, making it a wise investment choice.

Main attractions in Horton include the picturesque Horton Park, known for its scenic walking trails and family-friendly amenities. The town also boasts a rich historical heritage, with landmarks like the Horton Historical Museum attracting visitors and residents alike. Additionally, Horton's proximity to outdoor activities such as hiking and fishing makes it an ideal location for nature enthusiasts.

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