DSCR up to 8 units in Lake Hughes, CA

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

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

Investment Opportunities in Lake Hughes, CA

Benefits of DSCR Loan in Lake Hughes, California

DSCR loans in Lake Hughes, California offer numerous benefits to potential homeowners. One key advantage is the ability to finance investment properties without having to rely solely on personal income. This type of loan considers the property's income potential, improving the borrower's debt-to-income ratio.

Demographically, Lake Hughes is a small, rural community located in the picturesque Sierra Pelona Mountains. With a population of around 600 residents, it offers a peaceful and tight-knit community atmosphere. The town has a mix of age groups, with a higher percentage of older adults enjoying the serene surroundings.

The housing market in Lake Hughes is diverse, with options ranging from cozy cabins to spacious ranch-style homes. The median home price in Lake Hughes is affordable compared to other parts of California, making it an attractive option for first-time homebuyers and investors seeking rental properties.

Main attractions in Lake Hughes include the nearby Elizabeth Lake, a popular spot for fishing and boating enthusiasts. Outdoor enthusiasts can also explore the surrounding Los Padres National Forest, offering hiking, camping, and wildlife viewing opportunities. The town's proximity to the city of Los Angeles allows residents to enjoy both rural and urban amenities.

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