DSCR up to 8 units in Verbena, AL

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

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

Investment Opportunities in Verbena, AL

The Benefits of DSCR Loans in Verbena, Alabama

Benefits of DSCR Loans:

DSCR loans are advantageous for property investors in Verbena, Alabama as they provide a clear picture of the property's ability to generate income, enabling borrowers to secure financing based on the property's cash flow rather than personal income.

Demographics of Verbena, Alabama:

Verbena, Alabama is a quaint town with a population of approximately X residents. The community is known for its friendly atmosphere and close-knit neighborhoods, making it an ideal place for families and retirees looking for a peaceful setting.

Housing Market in Verbena, Alabama:

The housing market in Verbena offers a mix of single-family homes and rental properties, catering to a diverse range of buyers. The median home price in Verbena is $X, making it an affordable option for first-time homebuyers and investors alike.

Main Attractions in Verbena, Alabama:

Verbena is home to scenic parks, charming local shops, and delicious Southern cuisine restaurants. Visitors can enjoy outdoor activities such as hiking in the nearby trails or picnicking by the Lake Mitchell, offering a serene escape from the hustle and bustle of city life.

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