DSCR up to 8 units in Riverside, AL

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

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

Investment Opportunities in Riverside, AL

Benefits of DSCR Loan in Riverside, Alabama

DSCR (Debt Service Coverage Ratio) loans provide a reliable financing option for real estate investors in Riverside, Alabama. These loans prioritize the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors.

Riverside, Alabama, boasts a diverse population with a strong sense of community. The town has a mix of families, young professionals, and retirees, creating a welcoming and inclusive atmosphere for residents and visitors alike.

The local housing market in Riverside, Alabama, is thriving, with a variety of property options available at competitive prices. The demand for housing in the area remains steady, making it an attractive location for real estate investment.

Some of the main attractions in Riverside, Alabama, include the serene Logan Martin Lake, perfect for outdoor activities like fishing and boating. The town also features charming local shops, delicious dining options, and easy access to picturesque nature trails.

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