DSCR up to 8 units in Castroville, CA

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

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

Investment Opportunities in Castroville, CA

Benefits of DSCR Loan in Castroville, California

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Castroville, California. These loans are especially beneficial for real estate investors as they provide flexibility in terms of debt repayment schedules and offer competitive interest rates.

Castroville, located in Monterey County, boasts a diverse population with a mix of cultures and demographics. The town's rich agricultural history is reflected in its predominantly Hispanic community, giving it a unique cultural identity.

The housing market in Castroville is characterized by a mix of single-family homes, ranch-style properties, and agricultural estates. The availability of DSCR loans has made homeownership more accessible to residents, leading to a stable and growing real estate market in the area.

Main attractions in Castroville include the famous Giant Artichoke statue, celebrating the town's title as the "Artichoke Center of the World." Other highlights include the Castroville Regional Park and the nearby scenic views along the Pacific Coast Highway.

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