DSCR up to 8 units in Delano, CA

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

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

Investment Opportunities in Delano, CA

Benefits of DSCR Loan in Delano, California

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for individuals in Delano, California. These loans provide borrowers with a higher chance of loan approval, as they focus on the property's income potential rather than personal income. This can be especially beneficial for individuals with varying income sources or lower personal income levels.

Furthermore, DSCR loans often have more flexible terms and lower interest rates compared to traditional loans, making them an attractive option for real estate investments in Delano. Additionally, these loans can help investors leverage their existing assets to acquire more properties, thus expanding their real estate portfolio and generating more income over time.

In terms of demographics, Delano is a diverse and growing city located in Kern County, California. The population consists of a mix of Hispanic, White, and Asian residents, creating a vibrant and multicultural community. The city has a relatively young population, with a median age of around 30 years, making it an ideal location for young professionals and families.

Delano's housing market offers a range of options for buyers and investors, with a mix of single-family homes, apartments, and commercial properties available. The city has experienced steady growth in property values in recent years, making it an attractive market for real estate investments. With the help of DSCR loans, individuals can take advantage of these opportunities to grow their wealth and secure their financial future.

Some of the main attractions in Delano include the historic Forty Acres National Historic Landmark, which played a significant role in the farm labor movement. The city also offers parks, restaurants, and shopping centers for residents and visitors to enjoy. Delano's rich history and cultural heritage make it a unique and thriving community in California.

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