DSCR up to 8 units in Safford, AL

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

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

Investment Opportunities in Safford, AL

The Benefits of DSCR Loan in Safford, Alabama

A Debt-Service Coverage Ratio (DSCR) loan offers numerous advantages to borrowers in Safford, Alabama. One of the primary benefits is the ability to secure financing even with lower credit scores, making it accessible to a larger pool of borrowers. Additionally, DSCR loans typically have lower interest rates compared to traditional loans, resulting in reduced overall borrowing costs for individuals and businesses in Safford.

Safford, Alabama, is a small town with a close-knit community and a population that primarily consists of families and retirees. The town boasts a diverse demographic mix, with a significant percentage of residents employed in agriculture and manufacturing industries. The cost of living in Safford is relatively low, making it an attractive option for those looking to settle in a peaceful and affordable environment.

The housing market in Safford offers a range of options for potential buyers, from historic homes with Southern charm to modern condominiums and townhouses. The average home price in Safford is affordable, making it an ideal location for first-time homebuyers and investors looking to expand their real estate portfolios. The market is stable, with steady appreciation rates over the years.

Despite its small size, Safford, Alabama, has several main attractions that draw visitors and residents alike. The town is known for its picturesque natural surroundings, including parks, lakes, and hiking trails, making it a haven for outdoor enthusiasts. Additionally, Safford hosts regular community events and festivals that celebrate its rich cultural heritage and provide opportunities for socializing and networking.

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