DSCR up to 8 units in Sylacauga, AL

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

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

Investment Opportunities in Sylacauga, AL

DSCR Loan Benefits in Sylacauga, Alabama

Benefits of DSCR Loan:

DSCR loans provide borrowers with the ability to finance properties based on the property's cash flow rather than the borrower's credit score, making them ideal for real estate investors.

Demographics:

Sylacauga, Alabama, is a vibrant city with a population that boasts a rich cultural diversity. The city has a mix of families, young professionals, and retirees, creating a welcoming community atmosphere.

Housing Market:

The housing market in Sylacauga offers a range of options from historic homes to modern developments. With affordable prices and low property taxes, it's an attractive location for first-time buyers and investors alike.

Main Attractions:

Sylacauga is known for its stunning natural beauty, including the famous Marble Quarry and serene parks. Additionally, the city hosts various events throughout the year, showcasing its rich heritage and vibrant community spirit.

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