DSCR up to 8 units in Johannesburg, CA

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

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

Investment Opportunities in Johannesburg, CA

DSCR Loan Benefits in Johannesburg, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits in Johannesburg, California. These loans are ideal for real estate investors as they provide a reliable way to finance income-producing properties. The key advantage of a DSCR loan is that the property’s income, rather than the borrower's credit score, is the primary factor considered during approval.

Johannesburg, California, a historic mining town, boasts a diverse population with rich cultural heritage. The demographics showcase a blend of different ethnicities and age groups, contributing to a vibrant community spirit. Residents enjoy a peaceful and tight-knit neighborhood with access to essential amenities.

The housing market in Johannesburg, California, is favorable for investors and homeowners alike. With a steady appreciation rate and reasonable property prices, the market offers opportunities for growth and stability. DSCR loans further enhance the housing market by enabling investors to acquire properties and generate income.

Some main attractions in Johannesburg, California, include historical landmarks from the mining era, picturesque natural landscapes, and outdoor recreational activities. Visitors can explore old mining shafts, hike through scenic trails, and enjoy the serene beauty of the surrounding desert environment.

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