DSCR up to 8 units in Glendora, CA

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

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

Investment Opportunities in Glendora, CA

Benefits of a DSCR Loan in Glendora, California

DSCR (Debt Service Coverage Ratio) loans in Glendora, California provide numerous benefits for borrowers. These loans offer competitive interest rates, making them an affordable financing option for individuals and businesses alike. Moreover, DSCR loans are secured by the property being financed, reducing the lender's risk and potentially allowing for higher loan amounts.

Demographically, Glendora is a vibrant city in Los Angeles County with a population that appreciates its strong sense of community. The city boasts a diverse population, with a mix of young professionals, families, and retirees. The median household income in Glendora is above the national average, reflecting a financially stable community.

When it comes to the housing market, Glendora offers a mix of housing options, including single-family homes, townhouses, and apartments. The real estate market in Glendora is known for its stability and steady appreciation in property values. With its well-maintained neighborhoods and excellent schools, Glendora is an attractive location for those looking to settle down or invest in real estate.

Some of the main attractions in Glendora include the picturesque San Gabriel Mountains, providing ample opportunities for outdoor activities such as hiking and biking. The city also boasts a charming downtown area with a variety of shops, restaurants, and cafes, making it a lively and inviting place to live and visit.

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