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DSCR loan in Cedarpines Park, 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 Cedarpines Park, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Cedarpines Park, 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 Cedarpines Park, CA real estate investors have you covered.
A DSCR (Debt Service Coverage Ratio) loan in Cedarpines Park, California offers numerous advantages for potential homeowners. This type of loan typically requires a lower down payment, making homeownership more accessible. Additionally, DSCR loans often have competitive interest rates, helping borrowers save on long-term costs. In terms of demographics, Cedarpines Park is a charming community located in San Bernardino County. With a population of around 1,300 residents, the area boasts a diverse mix of individuals and families. The median age in Cedarpines Park is 41 years, and the median household income is $72,500. As for the housing market, Cedarpines Park offers a range of real estate options. From cozy cabins nestled in the woods to spacious mountain homes with scenic views, there is something for everyone. The median home value in Cedarpines Park is $275,000, making it an attractive location for both first-time buyers and seasoned investors. Some main attractions in Cedarpines Park include the scenic Lake Gregory Regional Park, where residents can enjoy boating, fishing, and picnicking. For outdoor enthusiasts, the San Bernardino National Forest offers hiking trails and camping opportunities. Additionally, the nearby town of Crestline provides shopping, dining, and community events.
Benefits of a DSCR Loan in Cedarpines Park, California