DSCR up to 8 units in Clio, CA

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

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

Investment Opportunities in Clio, CA

Benefits of DSCR Loan in Clio, California

A Debt Service Coverage Ratio (DSCR) loan in Clio, California offers significant benefits to borrowers. This type of loan provides a clear picture of the borrower's ability to cover the loan payments, ensuring financial stability and reduced risk of default.

Moreover, DSCR loans typically come with competitive interest rates and longer repayment terms, easing the burden on borrowers and making it easier to manage their finances effectively. Additionally, these loans are often more accessible to individuals with varying credit scores, expanding the opportunities for homeownership in Clio.

Demographically, Clio, California, boasts a diverse population with a mix of young professionals, families, and retirees. The town enjoys a peaceful and close-knit community, making it an ideal place for individuals looking for a serene and welcoming environment to call home.

The housing market in Clio offers a range of options, from quaint cottages to spacious family homes. With the benefits of DSCR loans, prospective buyers have the opportunity to invest in their dream home while ensuring financial stability and security.

Noteworthy attractions in Clio include the picturesque Plumas National Forest, where outdoor enthusiasts can explore hiking trails, camping sites, and breathtaking vistas. The town also features historic sites like the Clio Historic Railroad Museum, offering insights into the area's rich cultural heritage.

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