DSCR up to 8 units in Pinckard, AL

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

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

Investment Opportunities in Pinckard, AL

Benefits of DSCR Loan in Pinckard, Alabama

A Debt-Service Coverage Ratio (DSCR) loan in Pinckard, Alabama offers several benefits to borrowers. These loans are ideal for individuals or businesses looking to finance income-generating properties. With a DSCR loan, borrowers can secure financing based on the property's income rather than personal income, making it easier to qualify for higher loan amounts.

Moreover, DSCR loans typically come with lower interest rates and longer repayment terms compared to traditional loans, reducing the overall cost of borrowing. These loans also provide flexibility in terms of property types, including commercial real estate, making them suitable for a wide range of investment opportunities in Pinckard.

Furthermore, DSCR loans offer financial stability and security to borrowers by ensuring that the property's income is sufficient to cover the loan payments, reducing the risk of default and foreclosure. This makes DSCR loans a smart choice for investors looking to grow their real estate portfolio in Pinckard, Alabama.

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