DSCR up to 8 units in Lemon Cove, CA

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

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

Investment Opportunities in Lemon Cove, CA

DSCR Loan Benefits in Lemon Cove, California

Benefits of DSCR Loans

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Lemon Cove, California. These loans provide financing based on the property's income potential rather than the borrower's credit score, making them ideal for real estate investors looking to purchase income-generating properties.

Demographics

Lemon Cove, a small town in California, has a population of approximately 300 residents. The town has a suburban rural mix feel, and most residents own their homes. The area is known for its friendly community and peaceful atmosphere, making it an attractive place to live for families and retirees.

Housing Market

The housing market in Lemon Cove offers a mix of historic properties and modern homes. The average home price in the area is around $300,000, making it an affordable option for those looking to buy property in California. With the help of DSCR loans, investors can take advantage of the opportunities in the local real estate market.

Main Attractions

Lemon Cove is located near Sequoia National Park, offering residents and visitors easy access to hiking trails, camping sites, and stunning views of giant sequoia trees. The town is also known for its proximity to Lake Kaweah, a popular spot for fishing, boating, and other water activities.

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