DSCR up to 8 units in Alturas, CA

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

Basic DSCR Loan Terms in Alturas, 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 Alturas, 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 Alturas, CA real estate investors have you covered.

Investment Opportunities in Alturas, CA

Benefits of DSCR Loans in Alturas, California

DSCR (Debt Service Coverage Ratio) loans offer several benefits in Alturas, California. One of the primary advantages is that they are ideal for real estate investors as they consider the property's income-generating potential rather than the borrower's credit score.

Alturas, California, is a small city located in Modoc County with a population of approximately 2,500 residents. The city has a rural charm and a close-knit community, making it an excellent place for those seeking a quieter lifestyle away from the hustle and bustle of larger cities.

The housing market in Alturas is relatively stable, with a mix of single-family homes, ranches, and acreages available. The median home price is affordable compared to the state average, making it an attractive option for first-time homebuyers and investors looking for value for their money.

Some of the main attractions in Alturas include the beautiful Modoc National Wildlife Refuge, offering opportunities for hiking, bird watching, and wildlife photography. The city is also close to the Lava Beds National Monument, known for its stunning volcanic landscapes and historic caves waiting to be explored.

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