DSCR up to 8 units in Skipperville, AL

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

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

Investment Opportunities in Skipperville, AL

Benefits of DSCR Loan in Skipperville, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for individuals and businesses in Skipperville, Alabama. These loans provide borrowers with the ability to finance income-producing properties by assessing the property's ability to generate income to cover the debt payments.

Skipperville, Alabama, is a tight-knit community with a population that prides itself on its southern hospitality. The demographics are characterized by a mix of age groups, with a growing number of young families attracted to the area due to its affordable housing options and peaceful environment.

The housing market in Skipperville, Alabama, is stable, offering a range of properties from cozy single-family homes to spacious rural estates. With the help of DSCR loans, individuals can invest in real estate opportunities, take advantage of competitive interest rates, and secure their financial future.

While in Skipperville, visitors can explore attractions such as the Skipperville Heritage Museum, which showcases the town's history, and enjoy outdoor activities at the nearby Dannelly Reservoir. The town's charm, combined with the benefits of DSCR loans, make Skipperville an attractive destination for residents and investors alike.

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