DSCR up to 8 units in Vance, AL

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

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

Investment Opportunities in Vance, AL

Benefits of DSCR Loan in Vance, Alabama

DSCR loans provide a unique opportunity for investors and developers in Vance, Alabama, offering a debt service coverage ratio that ensures financial stability and feasibility of projects. This type of loan helps to mitigate risks and provides a more secure lending option compared to traditional mortgages.

Demographics

Vance, Alabama, boasts a diverse population, including young families attracted to the area's affordable housing options and excellent school districts. The community is known for its friendly atmosphere and strong sense of civic pride, making it an ideal place to live and invest.

Housing Market

The housing market in Vance, Alabama, is thriving, with a range of properties available to suit various lifestyles and budgets. DSCR loans can facilitate the purchase or development of properties, whether for residential or commercial purposes, further boosting the real estate sector in the area.

Main Attractions

Vance, Alabama, is home to picturesque parks, historic landmarks, and vibrant local businesses. Residents and visitors alike can enjoy outdoor recreational activities, cultural events, and a close-knit community that values quality of life. These attractions contribute to the overall appeal of Vance as a place to call home.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now