DSCR up to 8 units in Odenville, AL

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

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

Investment Opportunities in Odenville, AL

Benefits of DSCR Loan in Odenville, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits to borrowers in Odenville, Alabama. These loans are ideal for real estate investors or business owners looking to finance income-producing properties. One of the key advantages is the ability to secure financing based on the property's income rather than the borrower's credit score.

Demographics: Odenville, Alabama, is a charming town with a population of approximately X residents. The community is known for its friendly atmosphere and close-knit neighborhoods. The majority of residents are families and professionals seeking a peaceful suburban lifestyle.

Housing Market: The housing market in Odenville presents a mix of affordable options ranging from cozy single-family homes to spacious properties. The real estate market is stable, making it a great place for both homeowners and investors. With the help of DSCR loans, individuals can leverage the growing property values in the area.

Main Attractions: Odenville boasts a range of attractions for residents and visitors alike. From picturesque parks and outdoor recreational areas to local eateries and shops, there is something for everyone to enjoy. The town's welcoming community events and festivals also contribute to its vibrant atmosphere.

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