DSCR up to 8 units in Perdido, AL

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

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

Investment Opportunities in Perdido, AL

Benefits of DSCR Loan in Perdido, Alabama

DSCR loans offer numerous benefits for borrowers in Perdido, Alabama. These loans are ideal for real estate investors and property owners seeking financing for income-generating properties. One of the key advantages is the focus on the property's income potential rather than the borrower's credit score, making it easier for individuals to qualify for funding.

In terms of demographics, Perdido, Alabama has a diverse population with a mix of rural charm and modern amenities. The town boasts a strong sense of community and a low cost of living, making it an attractive place for families and retirees alike. With a growing economy and a range of job opportunities, Perdido offers residents a high quality of life.

The housing market in Perdido is dynamic, with a range of property types available to suit different budgets and preferences. From cozy single-family homes to spacious rural estates, there is something for everyone in Perdido. The market is stable, offering potential for growth and investment opportunities for both buyers and sellers.

Main attractions in Perdido, Alabama include the beautiful Perdido River, perfect for fishing and boating enthusiasts. The town also features charming local shops and restaurants, as well as picturesque parks and outdoor recreational areas. With its rich history and natural beauty, Perdido offers residents and visitors a unique and vibrant place to call home.

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