DSCR up to 8 units in Arroyo Grande, CA

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

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

Investment Opportunities in Arroyo Grande, CA

DSCR Loan Benefits in Arroyo Grande, California

DSCR loans in Arroyo Grande, California offer numerous benefits to borrowers. These loans are ideal for real estate investors as they prioritize the property’s income generation potential over the borrower's credit score. This means that even borrowers with lower credit scores can qualify for these loans if the property's Debt-Service Coverage Ratio (DSCR) meets the lender's requirements.

Demographically, Arroyo Grande is a picturesque city located in San Luis Obispo County. With a population of approximately 18,000 residents, the city offers a perfect blend of small-town charm and modern amenities. The median household income is above the national average, making it an attractive location for real estate investments.

The housing market in Arroyo Grande is dynamic and competitive. The city offers a mix of historic homes, modern developments, and luxury properties, catering to a wide range of preferences. The demand for housing is robust, driven by the city's beautiful scenery, excellent schools, and thriving local economy.

Main attractions in Arroyo Grande include the historic Village, known for its unique shops and restaurants. The city is also famous for its beautiful beach areas and outdoor recreational opportunities, attracting tourists and new residents alike. Additionally, Arroyo Grande hosts various community events and festivals throughout the year, creating a vibrant and welcoming atmosphere.

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