DSCR up to 8 units in Igo, CA

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

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

Investment Opportunities in Igo, CA

Benefits of DSCR Loan in Igo, California

DSCR loans in Igo, California offer numerous benefits to potential homeowners. One key advantage is the lender's focus on the property's income-generating potential rather than the borrower's credit score. This allows individuals with lower credit scores or non-traditional income sources to qualify for a loan, making homeownership more accessible.

Demographics: Igo, California has a population of approximately 700 residents. The community is known for its rural charm and close-knit feel. The majority of residents are families and retirees looking to enjoy a quieter pace of life away from the city.

Housing Market: The housing market in Igo offers a mix of single-family homes and larger properties with acreage. The average home price is affordable compared to nearby urban areas, making it an attractive option for those looking for more space and a connection to nature.

Main Attractions: Igo, California is home to several attractions, including the nearby Whiskeytown National Recreation Area, which offers opportunities for outdoor activities such as hiking, fishing, and boating. The area's natural beauty and scenic landscapes make it a popular destination for nature enthusiasts and outdoor adventurers.

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