DSCR up to 8 units in Albion, CA

DSCR loan in Albion, CA 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 Albion, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Albion, CA

  • 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 Albion, CA 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 Albion, CA real estate investors have you covered.

Investment Opportunities in Albion, CA

Benefits of DSCR Loan in Albion, California

DSCR (Debt Service Coverage Ratio) loans in Albion, California, offer numerous advantages to borrowers. These loans are ideal for real estate investments as they consider the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors.

Demographically, Albion is a charming coastal town in Mendocino County, known for its picturesque landscapes and artistic community. With a population of around 300 residents, Albion offers a tight-knit, welcoming atmosphere that appeals to individuals seeking a peaceful retreat.

The housing market in Albion presents opportunities for both buyers and sellers. The market is characterized by a mix of historic homes and modern properties, catering to diverse preferences. DSCR loans can make purchasing a home in Albion more feasible, especially for those looking to invest in rental properties.

Some of the main attractions in Albion include the iconic Albion River Bridge, which offers stunning views of the coastline, and the Albion River Inn, a popular destination for fine dining and relaxation. Outdoor enthusiasts can enjoy hiking in the nearby Mendocino Headlands State Park or exploring the quaint shops in downtown Albion.

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