DSCR up to 8 units in Desert Center, CA

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

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

Investment Opportunities in Desert Center, CA

Benefits of DSCR Loan in Desert Center, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Desert Center, California. These loans are ideal for investors looking to finance income-producing properties. The key advantage is that lenders primarily analyze the property's income potential rather than the borrower's credit score, making it easier for individuals with fluctuating income to qualify.

Demographics

Desert Center, California has a small population size with a mix of residents working in agriculture, retail, and tourism. The town is known for its diverse community, with a significant percentage of residents being retirees attracted by the area's peaceful environment and sunny climate.

Housing Market

The housing market in Desert Center offers a range of options from cozy single-family homes to spacious ranch-style properties. With the increasing demand for housing in the area, property values have been steadily appreciating, making it an attractive location for real estate investors and homebuyers alike.

Main Attractions

Desert Center boasts a variety of attractions, including the nearby Joshua Tree National Park, known for its stunning desert landscapes and unique rock formations. The town also features opportunities for outdoor activities like hiking, camping, and birdwatching, making it an ideal destination for nature enthusiasts.

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