Get Approved at The Lowest Rate
DSCR loan in Madison, 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 Madison, AL, and many other cities throughout Texas and the US.
Buy-and-hold investors in Madison, 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 Madison, AL real estate investors have you covered.
DSCR loans in Madison, Alabama offer several benefits for investors and business owners. One key advantage is that these loans do not rely solely on the borrower's credit score. Instead, they focus on the property's debt service coverage ratio, making it easier for individuals with less-than-perfect credit to secure financing. Demographically, Madison, Alabama, is a thriving city with a population of approximately 50,000 residents. The median age in Madison is 37 years old, and the median household income is $92,136. The city has a highly educated population, with over 50% of residents holding a bachelor's degree or higher. In terms of the housing market, Madison offers diverse options for homebuyers. The real estate market is competitive, with a median home value of $254,000. However, the city also has a variety of rental properties available, catering to individuals and families at different income levels. Madison, Alabama, boasts several main attractions for residents and visitors alike. From the picturesque Dublin Park to the historic Madison Station Historic District, there is no shortage of things to see and do in the city. Additionally, the U.S. Space & Rocket Center is located just a short drive away, offering educational and entertaining experiences for all ages.
Benefits of a DSCR Loan in Madison, Alabama
