DSCR up to 8 units in Linden, AL

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

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

Investment Opportunities in Linden, AL

Benefits of a DSCR Loan in Linden, Alabama

DSCR loans offer numerous benefits for borrowers in Linden, Alabama. These loans are tailored to real estate investors, providing financing based on the property's income rather than the borrower's credit score. This allows investors to leverage the property's revenue potential to secure funding for new investments or property improvements.

Demographics: Linden, Alabama, is a small town with a population of approximately 2,000 residents. The community is tight-knit, with a mix of families and retirees. The town's charm lies in its Southern hospitality, historic architecture, and peaceful surroundings.

Housing Market: The housing market in Linden offers diverse options, from historic homes in the downtown area to modern suburban developments. With the rise in property values, investing in Linden's real estate market can be a lucrative opportunity for buyers and investors alike.

Main Attractions: Linden is known for its rich history, including the Marengo County Historical Society and the Gaineswood Mansion. Outdoor enthusiasts can enjoy the nearby Tombigbee River for fishing and boating activities. Additionally, the town hosts annual events like the Marengo County Fair, drawing visitors from neighboring areas.

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