DSCR up to 8 units in Leroy, AL

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

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

Investment Opportunities in Leroy, AL

DSCR Loan Benefits in Leroy, Alabama

DSCR (Debt-Service Coverage Ratio) loans provide significant benefits for individuals in Leroy, Alabama. These loans offer lower interest rates and longer repayment terms, making them a more affordable option for homebuyers. Additionally, DSCR loans require a lower down payment, helping more individuals qualify for homeownership.

Leroy, Alabama, is a charming town with a population that values community spirit and family traditions. The demographics of Leroy highlight a mix of young families and retirees, creating a diverse and welcoming environment for residents. The town's strong sense of belonging makes it an ideal place to call home.

The housing market in Leroy, Alabama, is currently experiencing steady growth, with a range of housing options available to suit different preferences and budgets. The demand for housing is driven by the town's affordability and quality of life, making it an attractive destination for buyers seeking a peaceful yet vibrant community.

In addition to its appealing housing market, Leroy boasts various main attractions that draw visitors and residents alike. From picturesque parks and outdoor recreational activities to local restaurants and cultural events, Leroy offers a rich tapestry of experiences for all ages to enjoy.

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