DSCR up to 8 units in Angelus Oaks, CA

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

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

Investment Opportunities in Angelus Oaks, CA

Benefits of DSCR Loan in Angelus Oaks, California

Debt Service Coverage Ratio (DSCR) loans offer numerous benefits to borrowers in Angelus Oaks, California. These loans are ideal for real estate investors as they provide financing based on the property's income potential rather than personal income. This means that even if the borrower has a high debt-to-income ratio, they can still qualify for a DSCR loan.

Moreover, DSCR loans typically have lower interest rates compared to traditional loans, making them a cost-effective financing option. Additionally, these loans offer flexibility in terms of repayment schedules, allowing borrowers to tailor the loan to their specific needs.

Angelus Oaks, California, is a small community located in San Bernardino County. The area has a population of approximately 800 residents, offering a tight-knit and friendly atmosphere. The town is known for its picturesque natural beauty, with opportunities for outdoor activities like hiking, camping, and fishing in the nearby San Bernardino National Forest.

In terms of the housing market, Angelus Oaks offers a range of properties, from cozy cabins to spacious mountain homes. The market is diverse, catering to both primary residents and vacation home buyers. The median home price in Angelus Oaks is competitive, making it an attractive option for those looking to invest in California real estate.

Main attractions in Angelus Oaks include the Heart Rock Trail, which features a heart-shaped pool carved into the rock by a waterfall, offering a unique hiking experience. The area also boasts the Santa Ana River Trail, perfect for biking and exploring the stunning scenery of the region.

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