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DSCR loan in Kimberly, 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 Kimberly, AL, and many other cities throughout Texas and the US.
Buy-and-hold investors in Kimberly, 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 Kimberly, AL real estate investors have you covered.
DSCR loans in Kimberly, Alabama provide financial benefits to investors by calculating the property's ability to generate income to cover the mortgage payment. This safeguards investors from defaulting on the loan due to insufficient cash flow. Demographically, Kimberly, Alabama has a population of around 3,000 residents, with a median household income of $65,000. The town has a rural feel, attracting those looking for a peaceful environment while still being close to the amenities of larger cities. The housing market in Kimberly offers affordable options for both buyers and renters. With a median home price of $180,000, the market is stable and allows for potential growth in property value, making it an attractive investment opportunity for those seeking real estate ventures. Main attractions in Kimberly include the serene Rickwood Caverns State Park, where visitors can explore caves and enjoy outdoor activities. The town also boasts the Kimberly Historic District, offering a glimpse into its rich history through well-preserved buildings and landmarks.
Benefits of DSCR Loan in Kimberly, Alabama
