DSCR up to 8 units in Peterman, AL

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

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

Investment Opportunities in Peterman, AL

DSCR Loan Benefits in Peterman, Alabama

Benefits of a DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan offers financial stability and flexibility to borrowers by emphasizing income-producing potential rather than personal credit scores.

Demographics of Peterman, Alabama:

Peterman, Alabama, has a population of X, with a median household income of $Y. The community is predominantly made up of Z% families and A% retirees.

Housing Market in Peterman:

The housing market in Peterman is stable, with a median home price of $B. The market offers various housing options, including single-family homes, townhouses, and apartments.

Main Attractions in Peterman:

Some of the main attractions in Peterman include the historic downtown area, beautiful parks, and the annual community events that bring residents and visitors together.

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