DSCR up to 8 units in Rogersville, AL

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

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

Investment Opportunities in Rogersville, AL

Benefits of DSCR Loan in Rogersville, Alabama

DSCR (Debt Service Coverage Ratio) loans in Rogersville, Alabama offer numerous benefits to potential borrowers. These loans are ideal for real estate investors as they are based on the property's income potential rather than the borrower's credit score. This opens up opportunities for individuals with lower credit scores to secure financing.

Demographically, Rogersville, Alabama, boasts a population of approximately 1,257 residents. The town is known for its friendly community atmosphere and strong sense of local pride. The median household income is $48,476, with a majority of residents being homeowners.

The housing market in Rogersville is on the rise, with steady appreciation rates and relatively affordable property prices compared to surrounding areas. DSCR loans enable investors to take advantage of these market conditions by providing flexible financing options that align with the property's income potential.

Main attractions in Rogersville include Joe Wheeler State Park, known for its scenic views and outdoor recreational activities. The town also offers a rich historical heritage, with landmarks such as the LaGrange College Site providing insight into the area's past. Additionally, local festivals and events showcase the community's vibrant culture and spirit.

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