DSCR up to 8 units in Saint Stephens, AL

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

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

Investment Opportunities in Saint Stephens, AL

Benefits of DSCR Loan in Saint Stephens, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Saint Stephens, Alabama, offers numerous advantages. Firstly, it allows potential homeowners to secure financing based on the property's income potential rather than personal income. This makes it an attractive option for entrepreneurs, investors, and those with non-traditional income sources.

Moving on to demographics, Saint Stephens, Alabama, is a charming town with a population that values a close-knit community atmosphere. The residents here are diverse, comprising a mix of professionals, retirees, and families. The town fosters a strong sense of belonging and local pride.

In terms of the housing market, Saint Stephens provides a range of options to suit various preferences and budgets. From historic Southern-style homes to modern constructions, there is something for everyone. The market is stable and offers opportunities for both buyers and sellers.

When visiting Saint Stephens, don't miss out on its main attractions. The town is known for its rich history, including sites like the Saint Stephens Historical Park and the Old Saint Stephens Courthouse. Nature enthusiasts can explore the nearby Choctaw National Wildlife Refuge and enjoy outdoor activities.

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