DSCR up to 8 units in Fellows, CA

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

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

Investment Opportunities in Fellows, CA

Benefits of DSCR Loan in Fellows, California

DSCR loans offer numerous benefits for potential homeowners in Fellows, California. These loans are designed to help individuals with unconventional income streams, such as self-employed individuals, to qualify for a mortgage. By considering the property's income potential rather than just the borrower's income, DSCR loans widen the pool of eligible buyers.

Demographically, Fellows is a diverse community with a population that includes young professionals, families, and retirees. The cost of living is moderate, making it an attractive option for those looking to settle in a peaceful yet accessible area in California.

The housing market in Fellows is stable yet competitive. With a range of housing options available, from single-family homes to apartments, buyers have ample choices. The prices are relatively affordable compared to neighboring areas, making it an appealing location for first-time buyers and investors alike.

Some of the main attractions in Fellows include the stunning Fellows Park, which offers recreational activities such as hiking, picnicking, and bird-watching. Additionally, the nearby Kern National Wildlife Refuge provides opportunities for nature enthusiasts to explore local flora and fauna.

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