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DSCR loan in Coloma, 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 Coloma, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Coloma, 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 Coloma, CA real estate investors have you covered.
Benefits of DSCR Loan: A Debt Service Coverage Ratio (DSCR) loan in Coloma, California provides borrowers with a tool to assess the property's ability to generate enough income to cover its debt obligations. This type of loan is favorable for investors looking to acquire income-generating properties as it ensures they can meet their loan payments comfortably. Demographics: Coloma, CA, a small town in El Dorado County, has a population of approximately 500 residents. The area boasts a diverse community with a mix of professionals, retirees, and families. The median household income is above the national average, making it an attractive location for individuals seeking a peaceful yet affluent lifestyle. Housing Market: The housing market in Coloma offers a mix of historic homes and modern properties. The median home price in the area is around $500,000, with steady appreciation rates over the past few years. With low inventory and high demand, the real estate market in Coloma is competitive, making it a lucrative investment opportunity for potential buyers. Main Attractions: Coloma, known for being the site of the first documented gold discovery in California, is a historical gem. Visitors can explore Marshall Gold Discovery State Historic Park, where they can learn about the Gold Rush era. The town also offers outdoor activities such as hiking, fishing, and camping along the American River, making it a popular destination for nature enthusiasts.
DSCR Loan Benefits in Coloma, California
