DSCR up to 8 units in Costa Mesa, CA

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

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

Investment Opportunities in Costa Mesa, CA

DSCR Loan Benefits in Costa Mesa, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for real estate investors in Costa Mesa. These loans provide financing based on property income rather than personal income, making them ideal for income-generating properties. Investors can leverage the property's cash flow to secure financing without overburdening personal finances.

Costa Mesa, located in Orange County, has a diverse population with a mix of young professionals and families. The city has a strong job market, especially in sectors like technology, healthcare, and tourism. The median household income in Costa Mesa is above the national average, making it an attractive location for real estate investment.

The housing market in Costa Mesa is dynamic, with a range of property options from single-family homes to multi-unit complexes. The market has shown steady appreciation in home values over the years, offering a good return on investment for property owners. The demand for rental properties remains high, ensuring a steady income stream for investors.

Main attractions in Costa Mesa include the South Coast Plaza, one of the largest shopping centers in the United States, and the Segerstrom Center for the Arts, a prominent cultural venue. The city also boasts beautiful beaches like Newport Beach and Huntington Beach, offering residents and visitors plenty of recreational opportunities.

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