DSCR up to 8 units in Mc Shan, AL

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

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

Investment Opportunities in Mc Shan, AL

Benefits of DSCR Loan in Mc Shan, Alabama

A Debt Service Coverage Ratio (DSCR) loan offers numerous benefits to individuals in Mc Shan, Alabama. This type of loan provides a way for borrowers to secure financing based on the property's income potential rather than personal income.

Mc Shan, Alabama, is a small community located in Pickens County. The area boasts a diverse population, with a mix of ages and backgrounds contributing to a rich cultural tapestry. Residents of Mc Shan enjoy a close-knit community atmosphere and a slower pace of life.

The housing market in Mc Shan, Alabama, offers various opportunities for both homebuyers and investors. With a range of property types available, from single-family homes to larger estates, there is something to suit every taste and budget. The market is stable, making it an attractive option for those looking to buy or invest.

Despite its small size, Mc Shan has several main attractions that draw visitors and locals alike. The area is known for its picturesque landscapes, outdoor recreational activities, and historic sites. From hiking trails to local festivals, there is always something to explore and enjoy in Mc Shan.

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