DSCR up to 8 units in Hume, CA

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

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

Investment Opportunities in Hume, CA

Benefits of DSCR Loans in Hume, California

DSCR (Debt-Service Coverage Ratio) loans offer significant benefits for borrowers in Hume, California. These loans are ideal for investors looking to finance rental properties as they rely on the property's income rather than the borrower's personal income for loan approval. This can increase borrowing capacity and provide more flexibility in acquiring investment properties.

Demographics in Hume show a diverse community with a mix of families, young professionals, and retirees. The population is known for its cultural richness, creating a vibrant and welcoming atmosphere. The median household income is above the national average, reflecting a strong economic base.

The housing market in Hume offers a range of options from modern condominiums to spacious single-family homes. The market has been stable with steady appreciation rates, making it an attractive location for real estate investment. With low inventory levels, demand for properties remains high, presenting opportunities for sellers.

Hume, California boasts a variety of main attractions, including scenic parks, hiking trails, and cultural landmarks. Residents and visitors can enjoy outdoor activities like picnicking, fishing, and exploring historical sites. The vibrant dining scene offers a diverse range of cuisines, catering to all tastes.

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