DSCR up to 8 units in Corona Del Mar, CA

DSCR loan in Corona Del Mar, 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 Corona Del Mar, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Corona Del Mar, 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 Corona Del Mar, 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 Corona Del Mar, CA real estate investors have you covered.

Investment Opportunities in Corona Del Mar, CA

Benefits of DSCR Loan in Corona Del Mar, CA

Debt-Service Coverage Ratio (DSCR) loans offer numerous benefits to individuals in Corona Del Mar, California. These loans help investors assess a property's ability to generate income to cover the debt obligations, ensuring financial stability and risk management.

Corona Del Mar boasts a diverse population with a median household income above the national average. The area attracts residents looking for luxurious coastal living, excellent schools, and proximity to renowned beaches, making it an ideal location for real estate investments.

The housing market in Corona Del Mar remains competitive with high property values and a strong demand for luxury homes. DSCR loans can provide investors with the financial leverage needed to capitalize on the lucrative real estate opportunities in the area, enhancing their investment portfolio.

Main attractions in Corona Del Mar include the stunning Corona del Mar State Beach, the scenic Inspiration Point, and the upscale shopping and dining options at the Corona Del Mar Plaza, offering residents and visitors a vibrant coastal lifestyle.

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