DSCR up to 8 units in Troy, AL

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

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

Investment Opportunities in Troy, AL

DSCR Loans in Troy, Alabama: Benefits, Demographics, Housing Market, and Main Attractions

Benefits of DSCR Loans:

A Debt-Service Coverage Ratio (DSCR) loan provides a reliable financing solution for real estate investments in Troy, Alabama. It evaluates the property's ability to cover debt obligations, offering favorable terms and lower risks for investors.

Demographics:

Troy, Alabama, has a diverse community with a population of approximately 19,000 residents. The city showcases a blend of cultural heritage, with a youthful population due to the presence of Troy University.

Housing Market:

The housing market in Troy, Alabama, is thriving, offering a mix of affordable housing options for both residents and investors. The market is stable and growing, making it an attractive location for property investment.

Main Attractions:

Troy, Alabama, boasts a rich history and vibrant culture. Visitors can explore attractions such as the Pioneer Museum of Alabama, the Troy Arts Council, and the beautiful Janice Hawkins Park.

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