DSCR up to 8 units in Lawndale, CA

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

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

Investment Opportunities in Lawndale, CA

Benefits of DSCR Loan in Lawndale, California

DSCR (Debt Service Coverage Ratio) loan offers numerous advantages for borrowers in Lawndale, California. This type of loan is ideal for real estate investors as it focuses on the property's income rather than the borrower's credit score, making it easier to secure financing for investment properties.

Demographically, Lawndale is a diverse city with a mix of cultures and backgrounds. The population consists of approximately X% Hispanic, Y% White, Z% African American, and A% Asian residents. The median household income is $XX,XXX, and the median property value is $XXX,XXX, making it an attractive location for both renters and homebuyers.

In terms of the housing market, Lawndale offers a range of property options from single-family homes to multi-unit buildings. The market is competitive, with an average home appreciation rate of X% over the past year. The availability of DSCR loans has contributed to the growth of the housing market, providing investors with flexible financing options.

Main Attractions in Lawndale

Lawndale is home to several attractions that cater to residents and visitors alike. The city boasts beautiful parks such as Alondra Park and William Green Park, providing outdoor recreational spaces for families and individuals. Additionally, the local dining scene offers a variety of cuisines to satisfy every palate.

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