DSCR up to 8 units in Lake City, CA

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

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

Investment Opportunities in Lake City, CA

Benefits of a DSCR Loan in Lake City, California

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for residents of Lake City, California. These loans provide a way for individuals to finance investment properties without relying solely on personal income. The DSCR ratio ensures that the property's rental income covers the mortgage payments, making it an attractive option for real estate investors.

Lake City, California, is a vibrant community with a diverse population. The demographics include a mix of families, young professionals, and retirees. The city boasts a strong sense of community, with various cultural events and activities that cater to residents of all ages. Its proximity to natural attractions like Lake XYZ also contributes to its appeal.

The housing market in Lake City is dynamic and offers a range of options for buyers and investors. With a steady demand for rental properties, investing in real estate in this area can provide a stable income stream. Additionally, the market offers opportunities for both short-term and long-term investments, making it a versatile choice for those interested in real estate.

Main attractions in Lake City include the picturesque Lake XYZ, which offers opportunities for water activities and relaxation. The city's downtown area is bustling with local shops, restaurants, and cultural venues, providing residents and visitors with a vibrant urban experience. Outdoor enthusiasts can explore nearby hiking trails and parks, adding to the city's appeal.

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