DSCR up to 8 units in Opp, AL

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

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

Investment Opportunities in Opp, AL

Benefits of DSCR Loan in Opp, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Opp, Alabama offers numerous benefits. This type of loan is ideal for real estate investors as it helps assess a property's ability to generate enough income to cover the mortgage payments.

In terms of demographics, Opp, Alabama, is a charming town with a population of around 6,500 residents. The community is known for its friendly atmosphere and strong sense of community, making it an ideal place for families and retirees looking for a peaceful setting.

As for the housing market, Opp, Alabama, offers a diverse range of properties, from historic homes to modern apartments. The market is stable, with affordable housing options available for buyers and renters alike. The presence of DSCR loans further enhances accessibility to financing for property investments.

Some main attractions in Opp, Alabama, include Frank Jackson State Park, which offers hiking trails and fishing opportunities, and the Opp Rattlesnake Rodeo, a unique local event that draws visitors from across the region. Additionally, the town has a vibrant downtown area with shops and restaurants, adding to its appeal.

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