DSCR up to 8 units in Slocomb, AL

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

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

Investment Opportunities in Slocomb, AL

Benefits of a DSCR Loan in Slocomb, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Slocomb, Alabama provides numerous benefits for borrowers. These loans are ideal for commercial real estate investments, as they offer lower interest rates and longer repayment terms.

Demographics in Slocomb, Alabama show a close-knit community with a population that values strong local businesses. The town has a mix of young families and retirees, creating a diverse and welcoming environment for residents and business owners alike.

The housing market in Slocomb, Alabama is stable, with affordable home prices and low property taxes. This makes it an attractive location for both first-time homebuyers and investors looking to expand their real estate portfolio.

Slocomb, Alabama boasts several main attractions, including the Slocomb Tomato Festival, which celebrates the town's agricultural heritage. Additionally, the nearby Choctawhatchee River offers opportunities for outdoor activities such as fishing, kayaking, and hiking.

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