DSCR up to 8 units in Knoxville, AL

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

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

Investment Opportunities in Knoxville, AL

Benefits of DSCR Loan in Knoxville, Alabama

Benefits of DSCR Loan:

DSCR loans offer investors the opportunity to finance income-generating properties without relying solely on personal credit. This type of loan focuses on the property's income potential rather than the borrower's credit score.

Demographics:

Knoxville, Alabama, is a vibrant community with a population that values community and sustainability. The city boasts a diverse population, with a mix of young professionals, families, and retirees.

Housing Market:

The housing market in Knoxville is thriving, with a range of properties available for investment. The demand for rental properties in the area is high, making it an attractive location for real estate investors.

Main Attractions:

Knoxville offers a variety of attractions, including picturesque parks, historical landmarks, and a lively downtown area with shops and restaurants. Residents and visitors alike enjoy the natural beauty and cultural amenities that the city has to offer.

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