DSCR up to 8 units in Ward, AL

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

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

Investment Opportunities in Ward, AL

Benefits of a DSCR Loan in Ward, Alabama

DSCR (Debt-Service Coverage Ratio) loans offer several benefits in Ward, Alabama. These loans are ideal for real estate investors as they provide financing based on the property's income rather than the borrower's credit score. This allows investors to secure funding for properties that may not qualify for traditional mortgages.

Demographically, Ward is a vibrant community with a diverse population. The town has a mix of young professionals and families, creating a dynamic and welcoming environment. The cost of living in Ward is also reasonable, making it an attractive option for those looking to invest in real estate.

The housing market in Ward, Alabama is booming, with property values steadily increasing year over year. DSCR loans have become a popular choice among investors looking to take advantage of the growing market. These loans offer competitive interest rates and flexible terms, making them a valuable tool for financing real estate investments.

Ward, Alabama boasts a range of attractions for residents and visitors alike. From scenic parks and outdoor recreational areas to cultural landmarks and local restaurants, there is something for everyone to enjoy in Ward. The town's charming downtown area is filled with boutiques and cafes, adding to its appeal as a bustling community.

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