DSCR up to 8 units in Uriah, AL

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

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

Investment Opportunities in Uriah, AL

Benefits of DSCR Loan in Uriah, Alabama

DSCR (Debt Service Coverage Ratio) loan provides a reliable financing option for individuals in Uriah, Alabama looking to invest in real estate without worrying about personal income qualifications. These loans prioritize the property's income potential rather than the borrower's financial status, making them ideal for investors.

Demographics: Uriah, Alabama, boasts a small population of around 500 residents, creating a close-knit community feel. The town predominantly consists of middle-aged individuals and families, with a focus on rural living and a slower pace of life.

Housing Market: The housing market in Uriah is stable, with a variety of affordable single-family homes and spacious lots available for purchase. The median home price is below the national average, making it an attractive option for first-time homebuyers or those looking to invest in rental properties.

Main Attractions: Uriah offers a charming mix of outdoor activities such as hiking in the nearby Conecuh National Forest, hunting, and fishing. The town's rich history is showcased in the Uriah Museum, providing visitors with insights into the area's past.

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