DSCR up to 8 units in Chatsworth, CA

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

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

Investment Opportunities in Chatsworth, CA

Benefits of DSCR Loan in Chatsworth, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Chatsworth, California. These loans are ideal for real estate investors as they provide a way to finance income-generating properties without solely relying on personal credit. With a DSCR loan, the property’s income is the primary consideration for loan approval, making it easier for investors to qualify.

Demographics of Chatsworth, California

Chatsworth, a neighborhood in the San Fernando Valley region of Los Angeles, has a diverse population. The area is known for its suburban feel and a mix of both young professionals and families. The median age in Chatsworth is around 40 years old, with a growing number of residents attracted by the peaceful surroundings and proximity to urban amenities.

Housing Market in Chatsworth, California

The housing market in Chatsworth offers a range of options from single-family homes to apartments and condominiums. In recent years, there has been a steady increase in property values, making it an attractive location for both homebuyers and investors. The demand for housing in Chatsworth remains strong, supported by good schools, convenient transportation, and a thriving local economy.

Main Attractions in Chatsworth, California

Chatsworth boasts various attractions, including the stunning Santa Susana Pass State Historic Park, offering hiking trails and scenic views. The area is also home to the Chatsworth Reservoir and Chatsworth Park South, providing recreational opportunities for residents and visitors alike. Additionally, the nearby Chatsworth Depot Museum offers a glimpse into the area's rich history.

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