DSCR up to 8 units in Louisville, AL

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

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

Investment Opportunities in Louisville, AL

DSCR Loan Benefits in Louisville, Alabama

A Debt-Service Coverage Ratio (DSCR) loan in Louisville, Alabama comes with various benefits. These loans are ideal for real estate investments as they provide a more accurate picture of the property's ability to cover debt obligations.

The demographics of Louisville, Alabama, show a peaceful community with a population that values a small-town feel. The area is perfect for families looking for a serene environment and a tight-knit community.

Regarding the housing market in Louisville, Alabama, it is stable and has shown consistent growth over the years. DSCR loans have made it easier for individuals to invest in properties and benefit from the increasing property values in the area.

Some main attractions in Louisville, Alabama, include scenic parks, historic sites, and local restaurants offering traditional Southern cuisine. Residents and visitors alike enjoy the charm and hospitality that the city has to offer.

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