DSCR up to 8 units in Westover, AL

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

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

Investment Opportunities in Westover, AL

DSCR Loan Benefits in Westover, Alabama

Benefits of DSCR Loan: A Debt-Service Coverage Ratio (DSCR) loan in Westover, Alabama can offer borrowers greater flexibility and higher loan amounts compared to traditional mortgages. These loans are especially beneficial for real estate investors looking to finance income-producing properties.

Demographics: Westover, Alabama, is a charming town with a population that reflects a mix of young families and retirees. The median household income is above the national average, indicating a stable economic environment ideal for real estate investment.

Housing Market: The housing market in Westover is experiencing steady growth, with increasing property values and demand. The availability of DSCR loans provides an attractive financing option for both residential and commercial properties, fostering further development in the area.

Main Attractions: Westover boasts picturesque natural surroundings, including parks and outdoor recreational areas that appeal to residents and visitors alike. Additionally, the town's proximity to Birmingham offers easy access to cultural attractions, dining, and entertainment options.

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