DSCR up to 8 units in Townley, AL

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

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

Investment Opportunities in Townley, AL

Benefits of DSCR Loans in Townley, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for potential homeowners in Townley, Alabama. These loans provide a more flexible option for borrowers with varying income streams, offering a higher chance of approval compared to traditional mortgages.

Demographically, Townley, Alabama, is a quaint town with a close-knit community. The population consists of diverse age groups, with a focus on families and retirees. The town offers a peaceful and safe environment, making it an ideal place for people looking to settle down.

In terms of the housing market, Townley, Alabama, boasts affordable real estate options. The market offers a range of properties, from cozy single-family homes to spacious ranch-style houses. With the availability of DSCR loans, more residents can fulfill their dream of owning a home in this charming town.

Main attractions in Townley include the picturesque Townley Park, perfect for outdoor activities and family gatherings. Additionally, the town's historic downtown area features charming shops and restaurants, providing residents with a unique small-town experience.

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