DSCR up to 8 units in Sylvania, AL

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

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

Investment Opportunities in Sylvania, AL

Benefits of DSCR Loan in Sylvania, Alabama

DSCR (Debt Service Coverage Ratio) loans offer several advantages for individuals and businesses in Sylvania, Alabama. These loans provide borrowers with a clear understanding of their ability to cover monthly loan payments, reducing the risk of default and providing financial stability.

Sylvania, Alabama, is a diverse community with a population that values strong community ties and a high quality of life. The town has a mix of young families and retirees, creating a vibrant and dynamic atmosphere that appeals to a wide range of people.

The housing market in Sylvania, Alabama, is stable and offers a variety of options for homebuyers. With affordable prices compared to nearby urban areas, Sylvania provides an opportunity for individuals and families to own their dream home without breaking the bank.

Sylvania, Alabama, boasts a range of attractions for residents and visitors alike. From outdoor adventures in Little River Canyon National Preserve to exploring the local shops and restaurants in downtown Sylvania, there is never a shortage of things to see and do in this charming town.

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