DSCR up to 8 units in Coronado, CA

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

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

Investment Opportunities in Coronado, CA

Benefits of a DSCR Loan in Coronado, California

DSCR loans offer numerous benefits for property buyers in Coronado, California. These loans provide a way to finance investment properties with the potential for attractive returns. The Debt Service Coverage Ratio (DSCR) helps lenders assess the property's ability to generate enough income to cover the loan payments, reducing the risk for both lenders and borrowers.

Coronado, California, is a picturesque city known for its stunning beaches, vibrant community, and rich history. The city boasts a diverse population, with a median household income above the national average. The demographics include a mix of families, young professionals, and retirees, creating a dynamic and inclusive environment.

The housing market in Coronado is competitive yet rewarding. The city offers a mix of luxury waterfront properties, historic homes, and modern developments. With the help of a DSCR loan, buyers can access competitive financing options to invest in Coronado's real estate market, which has shown resilience and appreciation over the years.

Aside from its housing market, Coronado is famous for its iconic attractions such as the historic Hotel del Coronado, Coronado Beach, and the Glorietta Bay Inn. Residents and visitors enjoy a range of outdoor activities, cultural events, and dining experiences that make Coronado a sought-after destination in Southern California.

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