DSCR up to 8 units in River Falls, AL

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

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

Investment Opportunities in River Falls, AL

The Benefits of DSCR Loans in River Falls, Alabama

DSCR (Debt Service Coverage Ratio) loans offer significant advantages to borrowers in River Falls, Alabama. These loans provide a clear picture of the borrower's ability to cover their debt obligations with rental income from the property. This can lead to more favorable loan terms and lower interest rates, making it an attractive option for real estate investors in the area.

Demographically, River Falls, Alabama, is a charming small town with a population of around 500 residents. The community is known for its friendly atmosphere and strong sense of community. With a mix of young families and retirees, River Falls offers a peaceful and close-knit environment for residents.

In terms of the housing market, River Falls presents a promising landscape for potential buyers. The market features a diverse range of properties, from historic homes to modern developments. The affordability of homes in River Falls makes it an appealing location for first-time buyers and investors alike.

Some of the main attractions in River Falls include the picturesque River Falls Park, which offers scenic views and recreational activities for residents and visitors. The town also boasts a rich history, with landmarks such as the Old Mill Museum showcasing the area's heritage. Additionally, outdoor enthusiasts can explore the nearby hiking trails and fishing spots.

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