DSCR up to 8 units in Tanner, AL

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

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

Investment Opportunities in Tanner, AL

Benefits of DSCR Loan in Tanner, Alabama

DSCR loans in Tanner, Alabama offer numerous benefits to real estate investors and property owners. One of the key advantages is the higher loan amounts available compared to traditional residential loans, making it ideal for commercial properties or large investment projects. Additionally, DSCR loans are based on the property's income potential rather than the borrower's credit score, providing more flexibility in securing financing.

Demographics

Tanner, Alabama, is a small town with a tight-knit community. The population is predominantly made up of families and young professionals looking for a peaceful place to call home. The town's demographics showcase a blend of rural charm and suburban convenience, attracting individuals seeking a quieter lifestyle.

Housing Market

The housing market in Tanner, Alabama, offers diverse opportunities for real estate investment. With a mix of affordable single-family homes and spacious commercial properties, investors can find options that cater to a range of budgets and preferences. The market remains stable, making it a promising location for long-term property investments.

Main Attractions

Despite its small size, Tanner boasts several main attractions that draw visitors and residents alike. The town is known for its picturesque outdoor spaces, including parks and nature trails that offer recreational activities for all ages. Additionally, Tanner's local dining scene showcases a variety of cuisines, providing residents with diverse culinary experiences.

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