DSCR up to 8 units in Ragland, AL

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

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

Investment Opportunities in Ragland, AL

Benefits of DSCR Loan in Ragland, Alabama

DSCR (Debt Service Coverage Ratio) loan offers numerous benefits in Ragland, Alabama. These include competitive interest rates, flexible repayment terms, and the ability to finance properties that may not qualify for traditional mortgages.

Ragland, Alabama, has a diverse population with a mix of young professionals, families, and retirees. The median household income is $45,000, and the cost of living is relatively affordable, making it an attractive place for individuals and families looking to own a home.

The housing market in Ragland is vibrant, with a range of properties available to suit different budgets and preferences. From historic homes with southern charm to modern new constructions, there is something for everyone in the real estate market in Ragland.

Some of the main attractions in Ragland include the beautiful Neely Henry Lake, ideal for fishing and boating enthusiasts. The city also boasts a rich cultural heritage, with museums and historical sites offering a glimpse into its past.

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