DSCR up to 8 units in Le Grand, CA

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

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

Investment Opportunities in Le Grand, CA

Benefits of DSCR Loan in Le Grand, California

DSCR loans offer attractive benefits to investors in Le Grand, California. These loans provide a reliable way to finance income-producing properties, especially for those with lower credit scores or limited income verification.

Le Grand, located in Merced County, has a diverse population with a mix of families, young professionals, and retirees. The town offers a quiet suburban lifestyle with easy access to urban amenities in nearby cities like Merced and Fresno.

The housing market in Le Grand is stable with a mix of single-family homes and rental properties. Home prices are moderate, making it an affordable option for first-time buyers and investors looking for rental income.

Main attractions in Le Grand include the beautiful Le Grand Park, which offers recreational facilities for residents, and the historic Main Street lined with charming shops and restaurants. The town's close proximity to Yosemite National Park also makes it a desirable location for nature enthusiasts.

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