DSCR up to 8 units in Shorter, AL

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

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

Investment Opportunities in Shorter, AL

DSCR Loan Benefits in Shorter, Alabama

DSCR loans in Shorter, Alabama offer numerous benefits to potential homeowners. One of the primary advantages is the ability to secure financing based on the property's cash flow rather than the borrower's personal income. This can be especially beneficial for self-employed individuals or those with non-traditional income sources.

Demographically, Shorter, Alabama, is a diverse community with a mix of both rural and suburban characteristics. The population consists of a blend of age groups, with a strong sense of community and a welcoming atmosphere for new residents. The town's proximity to major cities like Montgomery provides residents with access to urban amenities while enjoying a quieter, more relaxed lifestyle.

In terms of the housing market, Shorter, Alabama, offers a range of options for homebuyers. The market is competitive, with a mix of new construction and established properties. The affordability of homes in Shorter makes it an attractive option for first-time buyers and those looking to invest in real estate. Additionally, the town's steady growth and development indicate a promising outlook for property appreciation.

Shorter, Alabama, boasts several main attractions that make it a desirable place to live. The town is home to picturesque parks, local eateries, and cultural events that showcase the community's rich history. Outdoor enthusiasts can enjoy hiking trails, fishing spots, and recreational activities that highlight the town's natural beauty. With a strong sense of community and a variety of amenities, Shorter offers residents a high quality of life in a charming Southern setting.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now