Get Approved at The Lowest Rate
DSCR loan in El Centro, 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 Centro, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in El Centro, 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 Centro, CA real estate investors have you covered.
DSCR loans provide a more accurate assessment of a borrower's ability to repay debt, making it a preferred option for lenders. Borrowers benefit from potentially lower interest rates, longer loan terms, and higher loan amounts compared to traditional loans. El Centro, California, is a diverse city with a population of around 45,000 residents. The demographic makeup includes a mix of Hispanic, White, and Asian residents. The median household income is approximately $43,000, with a median home value of $175,000. The housing market in El Centro offers a range of options from affordable single-family homes to luxury properties. The city has seen steady growth in property values and a stable market, making it an attractive location for real estate investments. Main attractions in El Centro include the Imperial Valley Mall, the Westmorland Plaza, and the Bucklin Park. Outdoor enthusiasts can enjoy activities at the nearby Sonny Bono Salton Sea National Wildlife Refuge or the Imperial Sand Dunes Recreation Area.
Benefits of DSCR Loan in El Centro, California
