DSCR up to 8 units in Thomaston, AL

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

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

Investment Opportunities in Thomaston, AL

Benefits of DSCR Loan in Thomaston, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Thomaston, Alabama. These loans are ideal for investors as they provide a predictable cash flow, allowing for easier budgeting and financial planning. Additionally, DSCR loans often have lower interest rates and longer repayment terms compared to traditional loans.

Thomaston, Alabama, is a charming town with a population that values community and a slower pace of life. The demographics skew towards families and retirees, creating a close-knit and friendly environment. The cost of living is affordable, making it an attractive option for those looking to settle down or invest in property.

The housing market in Thomaston, Alabama, is stable and offers a variety of options for buyers. Whether you are looking for a historic home with character or a modern, energy-efficient property, Thomaston has something for everyone. With the assistance of a DSCR loan, potential homeowners can secure their dream property with favorable financing terms.

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