DSCR up to 8 units in Lee Vining, CA

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

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

Investment Opportunities in Lee Vining, CA

Benefits of DSCR Loan in Lee Vining, California

DSCR loans offer numerous benefits to aspiring homeowners in Lee Vining, California. These loans provide a more flexible approach to borrowing, allowing borrowers to utilize potential rental income to qualify for the loan, making it an attractive option for real estate investors looking to expand their portfolios.

Demographically, Lee Vining is a small town nestled in the Eastern Sierra region of California. Its population consists of a mix of permanent residents and visitors drawn to the area's natural beauty and outdoor recreational opportunities. The town's proximity to Mono Lake and Yosemite National Park makes it an ideal location for nature enthusiasts and outdoor adventurers.

In terms of the housing market, Lee Vining offers a range of property options, from charming historic homes to modern condos with picturesque views. The market has shown steady growth in recent years, with an increasing demand for vacation rentals driving investment opportunities for those considering DSCR loans in the area.

Some main attractions in Lee Vining include Mono Lake Tufa State Natural Reserve, where visitors can marvel at the unique limestone formations, and the gateway to the majestic Yosemite National Park, known for its towering cliffs, waterfalls, and diverse ecosystems, providing residents and tourists alike with endless opportunities for exploration and adventure.

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