DSCR up to 8 units in Gilroy, CA

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

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

Investment Opportunities in Gilroy, CA

DSCR Loan Benefits in Gilroy, California

DSCR loans in Gilroy offer numerous benefits to borrowers. These loans are structured to assess the property's cash flow to determine the borrower's repayment ability. This results in higher loan approval rates even if personal income is low.

Gilroy, California, boasts a diverse population with a mix of cultures and ethnicities. The city has a growing economy with promising job opportunities, making it an attractive place for professionals and families looking to settle in a vibrant community.

The housing market in Gilroy is experiencing steady growth, with a range of housing options from single-family homes to modern apartments. The demand for housing is high due to the city's popularity, leading to increasing property values and rental rates.

Some of the main attractions in Gilroy include the famous Gilroy Gardens Family Theme Park, the annual Gilroy Garlic Festival celebrating the city's garlic crop, and the scenic hiking trails at Coyote Lake County Park, offering outdoor recreational activities for residents and visitors alike.

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