DSCR up to 8 units in Perdue Hill, AL

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

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

Investment Opportunities in Perdue Hill, AL

Benefits of DSCR Loan in Perdue Hill, Alabama

DSCR (Debt-Service Coverage Ratio) loans in Perdue Hill offer numerous advantages for borrowers. These loans are ideal for real estate investors as they allow for higher financing amounts based on property income rather than personal income. This means investors can expand their real estate portfolio without being limited by personal debt-to-income ratios.

Demographically, Perdue Hill, Alabama, is a small, tight-knit community with a population of around 200 residents. The town has a charming rural feel and is known for its friendly atmosphere. Residents enjoy a peaceful lifestyle away from the hustle and bustle of city living.

In terms of the housing market, Perdue Hill offers affordable real estate options, making it an attractive location for first-time homebuyers and investors alike. The market is stable, with steady appreciation rates and low inventory levels, creating opportunities for those looking to buy or sell properties.

Some of the main attractions in Perdue Hill include its proximity to outdoor recreational activities such as fishing and hiking. The town also boasts historical sites and landmarks that showcase its rich heritage. Residents and visitors can enjoy a blend of natural beauty and cultural experiences in this quaint Alabama town.

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