DSCR up to 8 units in Corcoran, CA

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

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

Investment Opportunities in Corcoran, CA

Benefits of DSCR Loan in Corcoran, California

DSCR loans, or Debt-Service Coverage Ratio loans, offer numerous benefits to borrowers in Corcoran, California. These loans provide a way for investors to finance income-producing properties without relying heavily on personal income. The DSCR ratio helps lenders assess the property's ability to generate enough income to cover debt obligations, making it an attractive option for commercial real estate investments.

Demographics: Corcoran, California, is a vibrant community with a diverse population. As of the latest census data, the city has a population of approximately 25,000 residents. The city boasts a mix of cultural backgrounds, making it a vibrant and welcoming place to live and invest in.

Housing Market: The housing market in Corcoran, California, offers a range of opportunities for both homebuyers and investors. The city has a mix of single-family homes, townhouses, and apartments, catering to various housing needs. With a growing demand for housing in the area, investing in real estate in Corcoran can be a lucrative venture.

Main Attractions: Corcoran, California, is known for its rich history and cultural attractions. Visitors and residents alike can explore the Corcoran District Museum of History, which showcases the city's past. Additionally, the nearby Corcoran State Prison provides a unique glimpse into the state's correctional system.

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