DSCR up to 8 units in Montevallo, AL

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

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

Investment Opportunities in Montevallo, AL

DSCR Loan Benefits in Montevallo, Alabama

DSCR loans in Montevallo, Alabama offer numerous benefits for borrowers. These loans are specifically designed for real estate investors and property owners, providing a way to finance income-producing properties while ensuring optimal debt coverage ratios.

Montevallo, Alabama, with a population of around 6,500 residents, offers a diverse community with a rich history and strong cultural heritage. The town boasts a vibrant arts scene, numerous parks, and a close-knit community feel.

In terms of the housing market, Montevallo, Alabama, presents a favorable environment for real estate investment. With a median home value below the national average, there are opportunities for both buyers and investors to find affordable properties with strong potential for appreciation.

Some of the main attractions in Montevallo include the American Village, a historical educational institution, Orr Park with its unique tree carvings by local artist Tim Tingle, and the University of Montevallo, known for its picturesque campus and cultural events.

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