DSCR up to 8 units in Eldridge, CA

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

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

Investment Opportunities in Eldridge, CA

Benefits of a DSCR Loan in Eldridge, California

A Debt-Service Coverage Ratio (DSCR) loan in Eldridge, California offers several benefits to borrowers. One major advantage is that the loan is based on the property’s income potential rather than the borrower's personal income, making it easier for investors to finance income-generating properties.

Demographics: Eldridge, California, has a diverse population with a strong sense of community. The residents here are mainly working professionals and families looking for a peaceful suburban lifestyle. The area boasts a mix of cultures, and the community is known for its friendliness and inclusivity.

Housing Market: The housing market in Eldridge, California, is robust, with a range of property options available. From single-family homes to apartments and condos, there is something for everyone. The market has been experiencing steady growth, making it an attractive location for both investors and homebuyers.

Main Attractions: Eldridge, California, is known for its picturesque vineyards, offering wine tasting tours and scenic views. The area is also popular for outdoor activities such as hiking, biking, and picnicking in the nearby parks. Additionally, the town has a vibrant art and cultural scene with galleries and theaters for residents and visitors to enjoy.

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