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DSCR loan in El Cajon, 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 El Cajon, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in El Cajon, 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 El Cajon, CA real estate investors have you covered.
DSCR loans in El Cajon offer numerous advantages to borrowers. One of the key benefits is that these loans are specifically designed for investment properties, allowing investors to secure financing based on the property's income rather than personal income. This can make it easier to qualify for a loan and expand investment opportunities. El Cajon, California, is a vibrant city with a diverse demographic mix. The population of El Cajon is approximately 104,158 residents, with a median household income of $45,305. The city has a rich cultural heritage, with a large number of Hispanic and Middle Eastern residents contributing to its unique character. The housing market in El Cajon is competitive and dynamic. The median home value in El Cajon is $527,400, with home values having increased by 8.9% over the past year. This indicates a strong and growing real estate market, making it an attractive location for property investment. El Cajon boasts a range of attractions, including the beautiful Water Conservation Garden, the lively Summers Past Farms, and the fascinating Knox House Museum. With its proximity to San Diego, residents and visitors can also easily access the beaches, parks, and cultural attractions of the nearby city.
Benefits of DSCR Loan in El Cajon, California
