DSCR up to 8 units in Fortuna, CA

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

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

Investment Opportunities in Fortuna, CA

Exploring the Benefits of DSCR Loans in Fortuna, California

The Benefits of DSCR Loans:

DSCR loans, also known as Debt-Service Coverage Ratio loans, offer enhanced financial flexibility to borrowers in Fortuna, California. These loans provide a more accurate assessment of a borrower's ability to repay debt by considering their income, expenses, and existing debt obligations.

Demographics of Fortuna, California:

Fortuna, located in Humboldt County, California, has a population of approximately 12,000 residents. The community is known for its diverse population, with a mix of families, young professionals, and retirees, creating a vibrant and inclusive atmosphere.

Housing Market in Fortuna:

The housing market in Fortuna offers a range of options from historic Victorian homes to modern developments. With a median home price of $380,000, Fortuna provides affordable housing opportunities for both buyers and renters, making it an attractive location for real estate investments.

Main Attractions in Fortuna:

Fortuna is renowned for its natural beauty, with attractions such as the Avenue of the Giants, a scenic drive through the famous redwood trees. The city also hosts events like the Fortuna Rodeo and the Redwood Coast Jazz Festival, offering cultural and recreational activities for residents and visitors alike.

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