DSCR up to 8 units in Ohatchee, AL

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

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

Investment Opportunities in Ohatchee, AL

Benefits of DSCR Loan in Ohatchee, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several advantages for real estate investors in Ohatchee, Alabama. These loans are ideal for income-generating properties as they consider the property's cash flow when determining eligibility. This can help investors qualify for larger loan amounts compared to traditional mortgages.

Demographics in Ohatchee show a tight-knit community with a population that values the small-town charm. The median age is around 40 years old, and the majority of residents own their homes. With a strong sense of community, Ohatchee offers a peaceful living environment suitable for families and retirees.

The housing market in Ohatchee is competitive yet affordable. The median home price is below the national average, making it an attractive location for first-time homebuyers or investors. The market offers a mix of single-family homes and some newer developments, providing options for various preferences and budgets.

Some main attractions in Ohatchee include the serene surroundings of the Alabama countryside, perfect for outdoor enthusiasts and nature lovers. The area also boasts historic sites like Indian Fort Mountain and opportunities for fishing and hiking, making it an appealing destination for those seeking a relaxed lifestyle.

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