DSCR up to 8 units in Kinston, AL

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

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

Investment Opportunities in Kinston, AL

Benefits of DSCR Loan in Kinston, Alabama

DSCR loans offer numerous benefits to individuals in Kinston, Alabama. These loans have a high debt service coverage ratio which provides borrowers with financial stability and may result in lower interest rates compared to traditional loans.

With a population of approximately X, Kinston, Alabama, is a tight-knit community known for its friendly residents and strong sense of community. The demographics include a mix of ages and ethnicities, creating a diverse and vibrant town.

The housing market in Kinston presents a range of options for potential buyers, from charming historical homes to modern developments. The market is relatively stable, with opportunities for both buyers and sellers to find properties that suit their needs and budget.

Main attractions in Kinston include the scenic XYZ Park, which offers outdoor recreational activities for all ages. Additionally, the historic downtown area is filled with quaint shops and local restaurants, showcasing the town's culture and heritage.

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