DSCR up to 8 units in Moody, AL

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

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

Investment Opportunities in Moody, AL

Benefits of DSCR Loans in Moody, Alabama

DSCR loans, also known as Debt Service Coverage Ratio loans, offer numerous benefits for both borrowers and lenders. These loans provide a clear picture of a borrower's ability to repay debt, helping lenders assess risks effectively. Borrowers can benefit from competitive interest rates and flexible repayment terms, making it an attractive option for financing real estate investments.

Moody, Alabama, a charming city with a population of approximately 12,000 residents, boasts a diverse demographic makeup. The city's population comprises mainly families and professionals seeking a peaceful yet well-connected community to call home. The housing market in Moody presents a mix of affordable single-family homes and modern apartments, catering to various housing needs.

The housing market in Moody, Alabama, offers a blend of stability and growth opportunities. With a steady demand for housing fueled by the city's population growth and economic development, property values have shown a consistent appreciation over the years. This makes it an ideal location for both homeowners and real estate investors looking for long-term value appreciation.

Moody, Alabama, features a range of main attractions that cater to residents and visitors alike. The city is home to scenic parks, hiking trails, and recreational facilities, providing ample opportunities for outdoor activities. Additionally, Moody's proximity to Birmingham offers easy access to cultural venues, shopping centers, and dining options, enhancing the overall quality of life for its residents.

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