DSCR up to 8 units in Maplesville, AL

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

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

Investment Opportunities in Maplesville, AL

Benefits of DSCR Loan in Maplesville, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several advantages for borrowers in Maplesville, Alabama. These loans are particularly beneficial for commercial property owners as they provide a more flexible lending option compared to traditional mortgages.

Demographics in Maplesville show a population of around 700 residents, with a median age of 38 years. The town has a close-knit community feel, making it an ideal place for families and retirees looking for a peaceful lifestyle.

The housing market in Maplesville is stable, with a mix of historic homes and newer developments. The average home price is affordable, making it attractive for first-time homebuyers or investors looking for rental properties with steady returns.

Main attractions in Maplesville include the picturesque Mulberry Creek, known for its fishing and boating opportunities. The town also hosts various events throughout the year, including the Maplesville Peach Festival which celebrates the local agricultural heritage.

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