DSCR up to 8 units in Town Creek, AL

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

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

Investment Opportunities in Town Creek, AL

Benefits of DSCR Loan in Town Creek, Alabama

DSCR loans, or Debt Service Coverage Ratio loans, offer numerous advantages for individuals looking to invest in property in Town Creek, Alabama. These loans provide a higher level of protection for lenders, as they ensure that the property's income will cover all operating expenses and debt obligations.

Demographically, Town Creek has a population of approximately 1,100 residents. The town boasts a close-knit community atmosphere, making it an ideal location for families and individuals seeking a peaceful and friendly environment to live in.

When it comes to the housing market in Town Creek, Alabama, the town offers a variety of affordable housing options suitable for different budgets. The market is stable, with steady appreciation rates, making it a favorable location for real estate investments.

Main attractions in Town Creek include the beautiful Bankhead National Forest, known for its scenic hiking trails and camping sites. Additionally, the town's proximity to the Tennessee River provides residents with opportunities for water activities and recreational pursuits.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now