DSCR up to 8 units in Pike Road, AL

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

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

Investment Opportunities in Pike Road, AL

Benefits of a DSCR Loan in Pike Road, Alabama

DSCR loans in Pike Road, Alabama offer several advantages to borrowers. These loans assess the property's income potential rather than the borrower's personal income, making them attractive for real estate investors. Additionally, DSCR loans typically have lower interest rates and longer repayment terms compared to traditional mortgages.

Demographics: Pike Road, Alabama, is a charming town with a population that has been steadily growing in recent years. The community is known for its strong sense of belonging and friendly atmosphere. Residents here enjoy a high quality of life with access to good schools, healthcare facilities, and recreational opportunities.

Housing Market: The housing market in Pike Road, Alabama, is vibrant and diverse. From upscale gated communities to historic homes with southern charm, there is a wide range of properties available. The town's proximity to major cities like Montgomery adds to its appeal, making it a desirable location for both homebuyers and real estate investors.

Main Attractions: Pike Road, Alabama, is surrounded by natural beauty, offering residents and visitors plenty of outdoor activities. The town is home to picturesque parks, hiking trails, and golf courses. Additionally, Pike Road hosts community events that bring people together, creating a strong sense of community spirit.

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