DSCR up to 8 units in Millerville, AL

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

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

Investment Opportunities in Millerville, AL

DSCR Loan Benefits in Millerville, Alabama

Benefits of DSCR Loans: A DSCR loan in Millerville, Alabama offers attractive terms and low interest rates, making it a popular choice among borrowers. The Debt Service Coverage Ratio ensures that borrowers can comfortably meet their loan obligations without financial strain.

Demographics: Millerville, Alabama, is a charming town with a population of diverse backgrounds, creating a unique and welcoming community. The residents here enjoy a high quality of life, with affordable living costs and access to excellent educational and healthcare facilities.

Housing Market: The housing market in Millerville, Alabama, provides a range of options catering to different preferences and budgets. With a steady appreciation in property values, investing in real estate here offers a promising opportunity for growth and stability.

Main Attractions: Millerville, Alabama, boasts a variety of attractions, including picturesque parks, historical sites, and cultural events that showcase the town's rich heritage and vibrant community spirit. Residents and visitors alike can enjoy outdoor activities, local cuisine, and a thriving arts scene.

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