DSCR up to 8 units in Orange Beach, AL

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

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

Investment Opportunities in Orange Beach, AL

Benefits of DSCR Loan

Benefits of DSCR Loan in Orange Beach, Alabama

A Debt Service Coverage Ratio (DSCR) loan is a beneficial financing option for real estate investors in Orange Beach, Alabama. DSCR loans provide investors with the ability to leverage rental income to qualify for the loan, rather than relying solely on personal income.

Additionally, DSCR loans typically offer competitive interest rates and longer loan terms, making them an attractive choice for those looking to invest in rental properties in Orange Beach.

Moreover, DSCR loans help investors to maximize their cash flow and increase their overall return on investment by providing a flexible repayment structure that aligns with the property's income-generating potential.

Demographics

Demographics of Orange Beach, Alabama

Orange Beach, Alabama, is a vibrant coastal city with a population of approximately 6,000 residents. The city is known for its beautiful beaches, warm climate, and welcoming community.

Housing Market

Housing Market in Orange Beach, Alabama

The housing market in Orange Beach, Alabama, is flourishing, with a diverse range of properties available for investors. The market offers a mix of condominiums, single-family homes, and luxury waterfront properties.

Main Attractions

Main Attractions in Orange Beach, Alabama

Orange Beach is a popular tourist destination known for its stunning white sandy beaches, world-class fishing opportunities, and vibrant culinary scene. The city is also home to attractions such as The Wharf, Orange Beach Waterfront Park, and Adventure Island.

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