DSCR up to 8 units in Clipper Mills, CA

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

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

Investment Opportunities in Clipper Mills, CA

Benefits of DSCR Loans in Clipper Mills, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for real estate investors in Clipper Mills, California. These loans are known for their higher approval rates, lower interest rates, and longer repayment terms compared to traditional mortgages. Investors can leverage DSCR loans to finance properties without relying solely on personal credit scores.

Demographics: Clipper Mills, California, is a small, picturesque community located in the Sierra Nevada foothills. The town has a tight-knit population of approximately 300 residents, with a median age of 45 years. The majority of residents own their homes, creating a stable housing market.

Housing Market: The housing market in Clipper Mills offers diverse options, including single-family homes, cabins, and rural properties. With the median home value below the state average, it presents affordable opportunities for both investors and homebuyers. The market is characterized by low inventory and steady appreciation rates.

Main Attractions: Nature lovers will appreciate the proximity of Clipper Mills to outdoor attractions like Sly Creek Reservoir and Plumas National Forest. The town's serene environment attracts visitors looking to escape the city bustle and enjoy activities such as hiking, fishing, and camping.

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