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DSCR loan in Durham, 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 Durham, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Durham, 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 Durham, CA real estate investors have you covered.
A Debt-Service Coverage Ratio (DSCR) loan in Durham, California offers numerous advantages. Firstly, this type of loan provides flexibility in repayment schedules, making it easier for borrowers to manage their finances effectively. Secondly, DSCR loans typically have lower interest rates compared to other financing options, resulting in cost savings over the loan term. Lastly, DSCR loans are secured by the property being financed, reducing the risk for lenders and potentially allowing borrowers to access larger loan amounts. Demographics With a population of approximately 6,000 residents, Durham, California, is a small but vibrant community that offers a peaceful and close-knit environment. The majority of the population consists of families and professionals attracted to the area's quality of life, excellent schools, and proximity to larger urban centers. Housing Market The housing market in Durham, California, is characterized by a diverse range of properties, including single-family homes, townhouses, and apartments. The market is stable, with steady appreciation rates and a relatively low inventory, making it an attractive investment opportunity for both homeowners and real estate investors. Main Attractions Durham, California, boasts several main attractions that draw visitors and residents alike. The Durham Community Park offers outdoor recreational activities, including picnicking areas and sports facilities. Additionally, the nearby Bidwell Park provides hiking and biking trails, beautiful scenery, and opportunities to connect with nature.
Benefits of DSCR Loan in Durham, California
