DSCR up to 8 units in Millbrook, AL

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

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

Investment Opportunities in Millbrook, AL

Benefits of DSCR Loan in Millbrook, Alabama

DSCR (Debt Service Coverage Ratio) loan offers numerous advantages for individuals looking to invest in real estate in Millbrook, Alabama. One of the key benefits is the lower risk associated with this type of loan, as it considers the property's income potential rather than relying solely on personal credit scores.

Demographically, Millbrook, Alabama, is a charming city with a diverse population. With a mix of young professionals, families, and retirees, the community offers a welcoming and inclusive environment for all residents. The city's strong sense of community and friendly neighborhoods make it an ideal place to settle down.

In terms of the housing market, Millbrook, Alabama, provides a range of opportunities for real estate investors. The market is relatively stable, with steady property appreciation rates and a growing demand for rental properties. This makes it an attractive location for those looking to generate passive income through real estate investments.

Millbrook, Alabama, boasts a variety of main attractions that draw locals and tourists alike. The city is home to picturesque parks, cultural landmarks, and recreational facilities. From enjoying outdoor activities at Jackson Lake Island to exploring the history at the Millbrook Veterans Memorial Park, there is no shortage of things to see and do in this vibrant city.

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