DSCR up to 8 units in Elmira, CA

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

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

Investment Opportunities in Elmira, CA

Benefits of DSCR Loan in Elmira, California

A Debt-Service Coverage Ratio (DSCR) loan offers several benefits to individuals in Elmira, California. One of the primary advantages is that it provides a way for borrowers to secure financing for income-producing properties without solely relying on personal credit scores. Additionally, DSCR loans typically have lower interest rates compared to traditional residential mortgages, making them an attractive option for real estate investors.

Elmira, California, boasts a diverse demographic profile with a mix of residents from different ethnicities and age groups. The community is known for its welcoming atmosphere and strong sense of community. The town is conveniently located near major highways, providing easy access to nearby cities and attractions.

The housing market in Elmira, California, has shown steady growth in recent years. The town offers a range of housing options, from cozy single-family homes to spacious estates. With the increasing demand for properties in Elmira, investing in real estate in this area can be a lucrative opportunity for potential buyers.

Some of the main attractions in Elmira, California, include beautiful parks, charming downtown area with local shops and restaurants, and proximity to popular vineyards and wineries. Residents and visitors alike can enjoy outdoor activities, cultural events, and the serene countryside environment.

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