DSCR up to 8 units in Salem, AL

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

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

Investment Opportunities in Salem, AL

Benefits of DSCR Loan in Salem, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Salem, Alabama offers numerous benefits for property investors and aspiring homeowners. These loans ensure that the property's income can cover its operating expenses, providing financial security and stability.

Salem, Alabama, with a population of approximately X, has a diverse demographic mix, with a growing community of young professionals and families. The town offers a peaceful suburban lifestyle, excellent schools, and a tight-knit community atmosphere.

The housing market in Salem, Alabama, is vibrant, with a range of housing options available for buyers. The area has seen steady appreciation in property values, making it an attractive location for real estate investment or settling down.

Some main attractions in Salem, Alabama include the picturesque Lake Harding, the Salem-Shotwell Covered Bridge, and the serene hiking trails at Smith Mountain Fire Tower. Residents enjoy a variety of outdoor activities and a slower pace of life in this charming town.

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