DSCR up to 8 units in Northport, AL

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

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

Investment Opportunities in Northport, AL

Benefits of a DSCR Loan in Northport, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits to individuals and businesses in Northport, Alabama. These loans provide financial assistance with flexible repayment terms tailored to the borrower's needs, making it easier to manage cash flow and maintain financial stability.

Demographically, Northport, Alabama, is a diverse and vibrant community with a mix of young professionals, families, and retirees. The area boasts a strong sense of community, low crime rates, and excellent schools, making it an attractive place to live and invest in real estate.

The housing market in Northport, Alabama, is thriving, offering a range of residential properties from single-family homes to upscale apartments. With affordable housing options, low-interest rates, and steady appreciation rates, investing in Northport's real estate market is a smart financial move.

Northport, Alabama, is home to several main attractions, including Lake Lurleen State Park, Kentuck Art Center, and Northport Farmers Market. These attractions provide opportunities for recreation, cultural enrichment, and community engagement, making Northport a desirable place to live and visit.

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