DSCR up to 8 units in Leggett, CA

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

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

Investment Opportunities in Leggett, CA

DSCR Loan Benefits in Leggett, California

DSCR (Debt-Service Coverage Ratio) loans offer several advantages to borrowers in Leggett, California. These loans provide a more straightforward approval process compared to traditional loans, making them accessible to a wider range of borrowers. Additionally, DSCR loans typically have lower interest rates, reducing the overall cost of borrowing for individuals seeking to invest in real estate in Leggett.

In terms of demographics, Leggett is a small census-designated place in Mendocino County, California, with a population of approximately 200 residents. The community is known for its picturesque landscapes, making it an ideal location for nature lovers and those seeking a peaceful retreat away from the hustle and bustle of city life.

The housing market in Leggett offers a mix of residential properties, from cozy cabins nestled in the redwoods to larger estates with sweeping views of the surrounding mountains. Despite its rural charm, the market is dynamic, with a range of options catering to different budgets and preferences.

Main attractions in Leggett include the famous Chandelier Tree, a drive-through giant redwood tree, and Richardson Grove State Park, known for its hiking trails and camping facilities. The area's natural beauty and proximity to outdoor activities make it a desirable destination for tourists and residents alike.

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