DSCR up to 8 units in Union Springs, AL

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

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

Investment Opportunities in Union Springs, AL

Benefits of a DSCR Loan in Union Springs, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits to borrowers in Union Springs, Alabama. These loans provide stable financing options for real estate investors by ensuring that the property's income is sufficient to cover the loan payments.

Demographically, Union Springs is a charming town with a population of approximately 3,400 residents. The community boasts a rich history and a close-knit atmosphere, making it an ideal place to live and invest in real estate.

The housing market in Union Springs offers a variety of options for buyers, from historic homes to modern developments. The median home price in the area is affordable, making it an attractive location for first-time homebuyers and investors alike.

Union Springs is home to several main attractions, including the Confederate Monument, the Bullock County Courthouse, and the picturesque downtown area. Residents and visitors can enjoy outdoor activities at the nearby Chewacla State Park.

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