DSCR up to 8 units in Lanett, AL

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

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

Investment Opportunities in Lanett, AL

Benefits of DSCR Loans in Lanett, Alabama

DSCR (Debt Service Coverage Ratio) loans can be advantageous for investors in Lanett, Alabama as they provide a more flexible financing option for income-producing properties. These loans are based on the property's cash flow rather than the investor's personal income.

Lanett, Alabama, located in Chambers County, has a diverse population with a mix of urban and suburban lifestyles. The city offers a lower cost of living compared to larger cities, making it an attractive location for real estate investment.

The housing market in Lanett is stable with a variety of property types available, including single-family homes, duplexes, and rental properties. With the assistance of DSCR loans, investors can capitalize on the growing demand for rental properties in the area.

Some main attractions in Lanett include the West Point Lake, which offers recreational activities such as boating and fishing, as well as the Lanett Historic District, featuring charming buildings from the early 20th century.

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