DSCR up to 8 units in Plantersville, AL

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

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

Investment Opportunities in Plantersville, AL

DSCR Loan Benefits in Plantersville, Alabama

DSCR loans in Plantersville, Alabama offer numerous benefits to aspiring homeowners. These loans provide a lower risk for lenders as they are backed by the property's income potential, allowing borrowers to secure financing with more flexibility and favorable terms.

Plantersville, Alabama, with a population of approximately 500 residents, offers a close-knit community feel ideal for families and those looking for a quieter lifestyle. The town boasts a rich history and a diverse demographic makeup, contributing to its unique charm.

The housing market in Plantersville presents a mix of single-family homes, ranging from historic properties to modern constructions. With a median home price below the state average, prospective buyers can find affordable options in a picturesque setting.

Some main attractions in Plantersville include the scenic Plantersville Lake, perfect for outdoor enthusiasts seeking fishing and boating activities. Additionally, the town is home to historic landmarks and cultural sites that showcase its heritage and offer educational experiences for visitors.

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