DSCR up to 8 units in Wedowee, AL

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

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

Investment Opportunities in Wedowee, AL

Benefits of DSCR Loans in Wedowee, Alabama

DSCR (Debt Service Coverage Ratio) loans provide a valuable financing option for real estate investors in Wedowee, Alabama. One of the key benefits is the ability to secure financing based on the property's income potential rather than personal income.

Demographically, Wedowee is a charming town with a population of around 800 residents. The community boasts a mix of families and retirees, creating a close-knit and friendly atmosphere that appeals to many.

In terms of the housing market, Wedowee offers diverse options ranging from historic homes in the downtown area to modern waterfront properties on Lake Wedowee. The market is relatively stable with affordable prices, making it an attractive location for real estate investment.

Main attractions in Wedowee include the beautiful Lake Wedowee, ideal for water activities and relaxation. Additionally, the Talladega National Forest provides opportunities for outdoor enthusiasts to enjoy hiking, camping, and wildlife watching.

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