DSCR up to 8 units in Herlong, CA

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

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

Investment Opportunities in Herlong, CA

Benefits of DSCR Loans in Herlong, California

DSCR (Debt Service Coverage Ratio) loans provide numerous benefits for property buyers in Herlong, California. These loans are advantageous as they assess the property's ability to produce income in order to cover the debt service, rather than focusing solely on the borrower's creditworthiness.

Demographics: Herlong, California, is a small town with a population of approximately 300 people. The town has a peaceful and close-knit community, making it an ideal place for those seeking a tranquil lifestyle away from the hustle and bustle of city life.

Housing Market: The housing market in Herlong offers affordable options for buyers, with a range of properties including single-family homes and small ranches. DSCR loans can make home ownership more accessible to a wider range of individuals, particularly those with fluctuating incomes or who are self-employed.

Main Attractions: While Herlong is a small town, it boasts unique attractions such as Herlong Prison, a historic site that offers tours and insight into the town's history. Additionally, the nearby Sierra Nevada mountain range provides ample opportunities for outdoor activities such as hiking, fishing, and camping.

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