DSCR up to 8 units in El Portal, CA

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

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

Investment Opportunities in El Portal, CA

Benefits of a DSCR Loan in El Portal, California

DSCR loans in El Portal, California offer numerous benefits to borrowers. One of the primary advantages is that they consider the property's income potential rather than just the borrower's income, making them accessible to investors and property owners with multiple rental units.

Moreover, DSCR loans typically have lower interest rates compared to traditional mortgages, allowing borrowers to save on financing costs over the long term. The loan structure often provides more flexibility in terms of repayment options, making it a popular choice for real estate investors looking to expand their portfolios.

Additionally, DSCR loans are known for their quick approval process, enabling borrowers to seize investment opportunities promptly without extensive delays.

Demographics

El Portal, California, is a charming small town located near Yosemite National Park. With a population of around 500 residents, the community offers a tight-knit and friendly atmosphere. The demographics of El Portal primarily consist of nature enthusiasts, retirees, and families attracted to its serene surroundings.

Housing Market

The housing market in El Portal features a mix of residential properties, including single-family homes, vacation rentals, and investment properties. The demand for housing in the area remains stable due to its proximity to Yosemite, making it an attractive location for both residents and vacationers.

Main Attractions

El Portal serves as a gateway to Yosemite National Park, offering residents and visitors access to a plethora of outdoor recreational activities such as hiking, camping, and wildlife watching. The town also boasts historical sites, cozy cafes, and stunning views of the surrounding natural landscapes.

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