DSCR up to 8 units in Silverhill, AL

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

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

Investment Opportunities in Silverhill, AL

Benefits of DSCR Loan in Silverhill, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for real estate investors in Silverhill, Alabama. These loans provide a way to finance investment properties without using personal income, allowing investors to leverage the property's income for loan approval.

Demographically, Silverhill is a charming town with a population of approximately 800 residents. Situated in Baldwin County, the area offers a suburban feel with many residents owning their homes. The town has a diverse community with a mix of families and retirees, creating a vibrant and welcoming atmosphere.

When it comes to the housing market, Silverhill is known for its stable property values and affordable real estate options. The market offers a variety of housing choices, including single-family homes, townhouses, and apartments. With the help of DSCR loans, investors can take advantage of the growing demand for rental properties in the area.

Some of the main attractions in Silverhill include the Silverhill Museum, which showcases the town's rich history, and the nearby Barber Marina, a popular spot for boating and water sports. The town also hosts community events like the Heritage Day Festival, bringing residents together to celebrate local culture and traditions.

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