DSCR up to 8 units in Grenada, CA

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

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

Investment Opportunities in Grenada, CA

DSCR Loan Benefits in Grenada, California

DSCR loans in Grenada, California offer several benefits to borrowers. These loans are especially advantageous for individuals with fluctuating incomes or those who may not qualify for conventional loans due to credit issues. DSCR loans look at the property's potential income rather than just the borrower's financial history, making them more accessible to a wider range of individuals.

Grenada, California, is a vibrant community with a diverse population. The area boasts a mix of young professionals, families, and retirees, creating a dynamic and welcoming environment. With excellent schools and a range of amenities, Grenada is an attractive location for individuals and families looking to settle in a peaceful yet thriving community.

The housing market in Grenada, California, is currently strong and offers great potential for investment. With a variety of housing options available, from cozy apartments to spacious single-family homes, there is something for everyone in Grenada's real estate market. The growing demand for housing in the area makes it a lucrative market for both buyers and sellers.

Some of the main attractions in Grenada, California, include the beautiful natural scenery, such as hiking trails and parks, that offer residents and visitors ample opportunities for outdoor activities. Additionally, the town's rich cultural heritage is showcased in its local museums, galleries, and annual events, providing a vibrant and engaging community for all to enjoy.

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