DSCR up to 8 units in Coleville, CA

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

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

Investment Opportunities in Coleville, CA

DSCR Loan Benefits in Coleville, California

Benefits of DSCR Loan: A Debt-Service Coverage Ratio (DSCR) loan in Coleville, California offers numerous advantages. This type of loan ensures that the property generates enough income to cover the mortgage payments, reducing the risk for both lenders and borrowers.

Demographics: Coleville, California, is a small town located in Mono County. It has a population of approximately 500 residents, offering a close-knit community feel. The town is known for its picturesque surroundings, outdoor recreational activities, and peaceful ambiance.

Housing Market: The housing market in Coleville presents a mix of single-family homes, ranch properties, and vacant land for development. With the DSCR loan option, potential homeowners can enjoy competitive interest rates and favorable terms, making property ownership more accessible and affordable.

Main Attractions: Coleville is surrounded by stunning natural beauty, including the Sierra Nevada mountains and nearby national forests. Residents and visitors can explore hiking trails, fishing spots, and camping grounds. Additionally, the town is close to popular destinations such as Yosemite National Park and Lake Tahoe, offering a range of recreational opportunities.

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