DSCR up to 8 units in Lisman, AL

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

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

Investment Opportunities in Lisman, AL

Benefits of DSCR Loan in Lisman, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits for potential homeowners in Lisman, Alabama. These loans are ideal for individuals with non-traditional income sources as they focus more on the property’s ability to generate income rather than the borrower's income.

Demographics in Lisman show a close-knit community with a population that values a peaceful lifestyle. The town has a diverse mix of residents, with a strong sense of community pride and belonging.

Lisman's housing market is relatively stable, with affordable housing options available for first-time buyers and families. The market offers a good mix of single-family homes and rental properties, making it a suitable choice for various preferences and budgets.

Main attractions in Lisman include the serene natural surroundings, including parks and outdoor recreational areas. The town's rich history is evident in its historic landmarks and museums, offering residents and visitors a glimpse into the area's past.

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