DSCR up to 8 units in Trussville, AL

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

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

Investment Opportunities in Trussville, AL

Benefits of DSCR Loan in Trussville, Alabama

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits in Trussville, Alabama. These loans are especially advantageous for real estate investors looking to finance rental properties. With a DSCR loan, the property's income potential is a key factor, allowing investors to secure financing based on the property's cash flow rather than personal income.

Trussville, Alabama, boasts a diverse demographic mix, with a growing population of approximately 22,000 residents. The city is known for its strong community spirit, excellent schools, and low crime rates. The median household income in Trussville is above the national average, making it an attractive location for real estate investment.

The housing market in Trussville is vibrant, with a mix of new developments and established neighborhoods. The median home value in Trussville is around $265,000, showing steady appreciation over the past few years. DSCR loans provide investors with the opportunity to leverage the city's growing property values and rental demand.

Trussville offers a range of attractions for residents and visitors alike. The city is home to numerous parks, including the popular Trussville Sports Complex, making it a great place for outdoor activities. Additionally, Trussville's historic downtown area features charming shops and restaurants, adding to the city's appeal for both residents and tourists.

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