DSCR up to 8 units in Leighton, AL

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

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

Investment Opportunities in Leighton, AL

Benefits of DSCR Loan in Leighton, Alabama

DSCR loans in Leighton, Alabama offer several benefits, including lower interest rates, flexible repayment terms, and higher loan amounts based on property's cash flow.

Demographics: Leighton, Alabama, has a population of approximately 800 residents with a diverse community comprised of families, young professionals, and retirees. The area boasts a strong sense of community and a lower cost of living compared to nearby cities.

Housing Market: The housing market in Leighton, Alabama, is characterized by a mix of historical homes and new developments. Property prices are relatively affordable, making it an attractive option for first-time homebuyers and investors seeking rental properties.

Main Attractions: Leighton, Alabama, offers a charming small-town atmosphere with attractions such as the historical Leighton Historic District, scenic nature trails, and proximity to the Tennessee River for outdoor activities such as fishing and boating.

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