DSCR up to 8 units in Smiths Station, AL

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

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

Investment Opportunities in Smiths Station, AL

Benefits of DSCR Loan in Smiths Station, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several advantages to borrowers in Smiths Station, Alabama. These loans are ideal for real estate investors as they provide a way to finance income-producing properties without relying solely on personal income. With DSCR loans, borrowers can leverage the property's income to secure financing, thus expanding their investment opportunities.

Smiths Station, Alabama, is a vibrant community with a population that is diverse in age and background. The town has a growing economy, making it an attractive location for investors looking to enter the real estate market. With a strong job market and affordable housing options, Smiths Station appeals to both local residents and newcomers.

The housing market in Smiths Station, Alabama, is dynamic and offers a range of options for buyers and investors. From single-family homes to multi-unit properties, there is something for every budget and preference. The market is competitive yet stable, presenting opportunities for growth and long-term returns on investment.

Main Attractions in Smiths Station, Alabama:

  • John Robert Lewis Monument
  • Smiths Station Sports Complex
  • Historic Downtown Smiths Station

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