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DSCR loan in Coalinga, 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 Coalinga, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Coalinga, 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 Coalinga, CA real estate investors have you covered.
Benefits of DSCR Loan: A Debt-Service Coverage Ratio (DSCR) loan offers lower down payments, competitive interest rates, and flexible repayment terms to borrowers in Coalinga, California. It is especially beneficial for investors looking to finance income-producing properties such as rental buildings or commercial spaces. Demographics: Coalinga, located in Fresno County, has a population of approximately 16,000 residents. The town boasts a diverse community consisting of primarily Hispanic and Caucasian residents. The median household income in the area is around $50,000, with a mix of blue-collar and professional workers. Housing Market: The housing market in Coalinga offers a variety of options, from historic Victorian homes to modern condominiums. The median home price is around $200,000, making it an affordable location for first-time homebuyers. With a stable market and low mortgage rates, now is a great time to invest in real estate in Coalinga. Main Attractions: Coalinga is known for its natural beauty, including the nearby Coalinga Mineral Springs, a popular spot for relaxation and rejuvenation. The town also offers outdoor activities such as hiking in the nearby hills and visiting the Coalinga Museum for a taste of local history.
DSCR Loan Benefits in Coalinga, California
