DSCR up to 8 units in Mc Kenzie, AL

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

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

Investment Opportunities in Mc Kenzie, AL

Benefits of DSCR Loan in Mc Kenzie, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Mc Kenzie, Alabama, offers numerous benefits to borrowers. One of the key advantages is the ability to secure financing based on the property's income potential rather than personal income. This makes it an attractive option for investors looking to purchase income-generating properties.

Demographically, Mc Kenzie, Alabama, is a small but tight-knit community with a population that values a slower pace of life. The town boasts a diverse population with a mix of age groups, making it an ideal place for families and retirees alike. The community's strong sense of unity and support create a welcoming environment for newcomers.

In terms of the housing market, Mc Kenzie, Alabama, offers a range of affordable options for buyers interested in investment properties or primary residences. The market is relatively stable, with steady appreciation rates and a variety of housing styles to choose from. Whether you're looking for a quaint historic home or a modern new build, Mc Kenzie has something for everyone.

Some of the main attractions in Mc Kenzie include its picturesque natural surroundings, such as parks and hiking trails. The town also has a rich history, with historic sites and museums that offer insight into its past. Additionally, Mc Kenzie hosts community events throughout the year, fostering a sense of belonging and camaraderie among residents.

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