DSCR up to 8 units in Sycamore, AL

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

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

Investment Opportunities in Sycamore, AL

Benefits of DSCR Loan in Sycamore, Alabama

DSCR (Debt Service Coverage Ratio) loans in Sycamore, Alabama offer many advantages for property investors. These loans help ensure that the property generates enough income to cover the mortgage payments and are attractive due to their lower risk profile for lenders.

Sycamore, Alabama, with a population of X, has a diverse demographic makeup. The town boasts a mix of young professionals, families, and retirees. The median household income is above the national average, making it an attractive market for real estate investment.

The housing market in Sycamore is stable and growing steadily. With a variety of housing options available, from single-family homes to multi-unit properties, investors can find properties that suit their investment goals. The rental market is also strong, providing opportunities for consistent rental income.

Sycamore, Alabama, is known for its charming downtown area, historic sites, and outdoor recreational opportunities. Main attractions include the Sycamore History Museum, picturesque parks, and local festivals that showcase the town's culture and community spirit.

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