DSCR up to 8 units in Applegate, CA

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

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

Investment Opportunities in Applegate, CA

Benefits of DSCR Loans in Applegate, California

DSCR (Debt Service Coverage Ratio) loans offer borrowers in Applegate, California various advantages. These loans consider the property's income potential rather than the borrower's credit score, making them ideal for real estate investors and entrepreneurs looking to expand their property portfolios.

Demographically, Applegate is a charming rural community located in Placer County, California. With a population of approximately 2,300 residents, the area is known for its picturesque landscapes, outdoor recreational activities, and tight-knit community atmosphere.

In terms of the housing market, Applegate offers a mix of single-family homes, ranch properties, and vacant land suitable for development. The market is stable, with moderate appreciation rates, making it an attractive option for investors seeking long-term growth potential and rental income.

Main attractions in Applegate include the scenic Auburn State Recreation Area, renowned for its hiking trails and opportunities for water sports on the American River. Additionally, the historic North Star House and Placer County Wine Trail are popular destinations for residents and visitors alike.

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