DSCR up to 8 units in Caliente, CA

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

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

Investment Opportunities in Caliente, CA

DSCR Loan Benefits in Caliente, California

Benefits of DSCR Loan:

A Debt Service Coverage Ratio (DSCR) loan in Caliente, California offers borrowers the advantage of using rental income generated by the property to qualify for the loan, making it easier to secure financing.

Additionally, DSCR loans typically have lower interest rates and longer repayment terms compared to traditional loans, providing borrowers with more flexibility and cost savings in the long run.

Moreover, DSCR loans are especially beneficial for real estate investors looking to finance multiple properties as they rely on the property's cash flow rather than the borrower's personal income.

Demographics:

Caliente, California is a small town located in Kern County with a population of approximately X residents. The town has a diverse community with a mix of age groups and cultural backgrounds.

Housing Market:

The housing market in Caliente offers a range of options from historic homes to modern developments. The median home price in the area is $X, making it an attractive location for buyers looking for affordable real estate opportunities.

Main Attractions:

Some of the main attractions in Caliente include the beautiful hiking trails in the nearby mountains, the annual Caliente Art Festival showcasing local talent, and the charming downtown area filled with unique shops and restaurants.

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