DSCR up to 8 units in Atascadero, CA

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

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

Investment Opportunities in Atascadero, CA

Benefits of a DSCR Loan in Atascadero, California

DSCR loans offer numerous benefits to borrowers in Atascadero, California. These loans are structured based on the property's income potential rather than the borrower's personal income, making them attractive to real estate investors looking to finance rental properties.

In terms of demographics, Atascadero is a vibrant city located in San Luis Obispo County. With a population of around 30,000 residents, the city offers a mix of urban amenities and natural beauty, making it an ideal place to live, work, and invest in real estate.

The housing market in Atascadero is characterized by a diverse range of properties, including single-family homes, condos, and investment properties. The city's real estate market has shown steady appreciation over the years, making it a desirable location for both homebuyers and investors.

Some of the main attractions in Atascadero include the Charles Paddock Zoo, Atascadero Lake Park, and the vibrant downtown area with its shops, restaurants, and cultural events. The city's convenient location near wineries, beaches, and outdoor recreation areas adds to its appeal as a place to live and visit.

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