DSCR up to 8 units in Roanoke, AL

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

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

Investment Opportunities in Roanoke, AL

DSCR Loan Benefits in Roanoke, Alabama

DSCR loans offer significant benefits to borrowers in Roanoke, Alabama. These loans are specifically designed for real estate investors and property owners, providing a Debt Service Coverage Ratio that ensures the borrower's ability to repay the loan. This results in favorable terms, lower interest rates, and increased borrowing capacity.

Roanoke, Alabama, is a charming town with a population that boasts a mix of young professionals, families, and retirees. The median household income is above the national average, making it an attractive location for real estate investments. The town's stable economy and low unemployment rate contribute to its growing housing market.

The housing market in Roanoke is experiencing steady growth, with a range of affordable housing options available for both buyers and renters. The median home prices are competitive, and the rental market offers good returns for investors. The demand for housing in Roanoke is driven by its proximity to major cities and its reputation as a safe and family-friendly community.

Roanoke, Alabama, boasts several main attractions that appeal to residents and visitors alike. The town is home to historical sites, beautiful parks, and recreational facilities. Visitors can enjoy outdoor activities like hiking, fishing, and camping in the scenic surroundings of Roanoke. The town's vibrant community events and cultural festivals add to its appeal as a desirable place to live and invest in real estate.

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