DSCR up to 8 units in Lexington, AL

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

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

Investment Opportunities in Lexington, AL

Benefits of DSCR Loans in Lexington, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to individuals in Lexington, Alabama. These loans help borrowers secure financing for investment properties by focusing on the property's ability to generate income rather than the borrower's credit score.

The demographic profile of Lexington, Alabama, showcases a close-knit community with a population that values small-town charm. The town has a mix of residents, including young families and retirees, creating a diverse and welcoming environment.

The housing market in Lexington, Alabama, is known for its affordability and steady growth. With a range of housing options, from cozy single-family homes to spacious estates, residents can find properties that suit their needs and budget.

Some main attractions in Lexington, Alabama, include the scenic Cedar Creek Reservoir, perfect for fishing and boating enthusiasts. The town also boasts charming local shops, restaurants, and community events that offer residents a vibrant and engaging lifestyle.

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