DSCR up to 8 units in Lineville, AL

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

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

Investment Opportunities in Lineville, AL

Benefits of a DSCR Loan in Lineville, Alabama

A Debt-Service Coverage Ratio (DSCR) loan in Lineville, Alabama offers various benefits to borrowers. One of the key advantages is that it is based on the property's income potential rather than the borrower's credit score, making it accessible to individuals with lower credit ratings.

Demographics: Lineville, Alabama, has a population of around 2,300 residents. The town boasts a close-knit community with a mix of families, retirees, and young professionals. The cost of living is relatively low, making it an attractive option for those looking for affordable housing.

Housing Market: The housing market in Lineville is stable, with a variety of properties available, including single-family homes, townhouses, and rental units. The average home price is below the national average, making it an ideal location for first-time homebuyers or investors looking for rental opportunities.

Main Attractions: Lineville offers a range of attractions for residents and visitors alike. The town is home to scenic parks, historic landmarks, and local boutiques. Talladega National Forest is a short drive away, providing outdoor recreational activities such as hiking, camping, and fishing.

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