DSCR up to 8 units in Lakehead, CA

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

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

Investment Opportunities in Lakehead, CA

Benefits of DSCR Loans in Lakehead, California

DSCR (Debt-Service Coverage Ratio) loans offer numerous benefits for borrowers in Lakehead, California. These loans are ideal for real estate investors as they focus on property income rather than personal income, allowing for higher loan amounts.

Additionally, DSCR loans have lower interest rates compared to traditional loans, making them a cost-effective financing option. They also provide more flexibility in terms of borrower qualifications, making it easier for individuals to secure funding for investment properties in Lakehead.

Moreover, DSCR loans offer longer loan terms, reducing monthly payments and providing more stability for borrowers. This can be particularly advantageous for investors looking to generate rental income from their properties in Lakehead, California.

Demographics

Lakehead, California, has a population of approximately [insert population figure] and is known for its [mention any unique demographic features]. The area boasts a [highlight any notable demographic trends] which makes it an attractive location for real estate investment.

Housing Market

The housing market in Lakehead, California, is [describe the current state of the housing market - e.g., growing, stable, competitive]. The median home price is [insert median home price] with [mention any recent market trends, such as price appreciation, inventory levels, etc.].

Main Attractions

Some of the main attractions in Lakehead include [list popular attractions, landmarks, or activities]. Whether it's exploring the [name of attraction], enjoying outdoor activities at [name of park or recreational area], or experiencing local culture at [mention any cultural sites], Lakehead offers something for everyone.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now