DSCR up to 8 units in Lowndesboro, AL

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

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

Investment Opportunities in Lowndesboro, AL

Benefits of DSCR Loan in Lowndesboro, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for individuals in Lowndesboro, Alabama. These loans provide borrowers with a way to finance investment properties without using personal income. This can help investors diversify their portfolios and increase their cash flow.

Demographically, Lowndesboro is a small, historic town situated in Lowndes County, Alabama. With a population of approximately 1000 residents, the community boasts a rich history and a close-knit atmosphere. The town is known for its diverse cultural heritage and friendly locals.

In terms of the housing market, Lowndesboro offers a range of options for both buyers and investors. The real estate market is characterized by affordable property prices and steady appreciation rates. With the help of a DSCR loan, individuals can take advantage of these favorable conditions and make sound investments in the local real estate market.

Main attractions in Lowndesboro include the Lowndesboro Historic District, which features well-preserved antebellum homes and charming southern architecture. The town also offers opportunities for outdoor activities such as hiking, fishing, and boating along the Alabama River.

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