DSCR up to 8 units in Silas, AL

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

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

Investment Opportunities in Silas, AL

DSCR Loan Benefits in Silas, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several benefits to borrowers in Silas, Alabama. These loans typically provide lower interest rates compared to traditional loans, making them more affordable for individuals and businesses. Additionally, DSCR loans often have more flexible terms, allowing borrowers to customize repayment schedules according to their financial capabilities.

Silas, Alabama, is a small town with a tight-knit community. The population primarily consists of families and retirees looking for a peaceful and friendly environment to call home. The town's demographics include a mix of Caucasian and African American residents, contributing to its diverse cultural atmosphere.

The housing market in Silas, Alabama, is characterized by affordable prices and a variety of housing options. Whether you're looking for a cozy cottage or a spacious ranch style home, Silas has something for everyone. The stable housing market in the area makes it an attractive location for both first-time homebuyers and real estate investors.

Silas, Alabama, may be a small town, but it offers plenty of attractions for residents and visitors alike. Outdoor enthusiasts can explore the nearby Cahaba River or enjoy hiking and picnicking at Silas Lake Park. History buffs can visit local museums and historic sites that showcase the town's rich heritage.

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