DSCR up to 8 units in Mexia, AL

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

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

Investment Opportunities in Mexia, AL

Benefits of DSCR Loan in Mexia, Alabama

DSCR loans in Mexia, Alabama offer numerous benefits to both borrowers and lenders. These loans are specifically designed to assess the borrower's ability to service debt using the property's income, making them ideal for investors seeking financing for income-generating properties.

Demographics in Mexia, Alabama reveal a small but tight-knit community with a population that values tradition and close relationships. The town has a mix of residents ranging from young families to retirees, creating a diverse and welcoming environment.

The housing market in Mexia, Alabama is stable, with a variety of property types available at affordable prices. Both buyers and sellers benefit from the balanced market conditions, making it an attractive location for those looking to invest in real estate.

Main attractions in Mexia, Alabama include the scenic Mexia State Park, known for its hiking trails and breathtaking views. Additionally, the town boasts a rich cultural heritage, with events like the annual Mexia Rodeo drawing visitors from near and far.

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