DSCR up to 8 units in Lewiston, CA

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

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

Investment Opportunities in Lewiston, CA

Benefits of DSCR Loan in Lewiston, California

A Debt Service Coverage Ratio (DSCR) loan in Lewiston offers numerous benefits to borrowers. One of the primary advantages is that it considers the property's cash flow, providing a more accurate assessment of the borrower's ability to repay the loan. This can be particularly beneficial for individuals with non-traditional income sources.

Demographically, Lewiston, California, has a population of approximately 1,000 residents. The town is known for its close-knit community feel, with a mix of families and retirees calling it home. The median household income in Lewiston is above the national average, indicating a stable economic base.

In terms of the housing market, Lewiston offers a range of property options, from quaint single-family homes to larger estates. The market has seen steady appreciation over the years, making it an attractive investment opportunity. Additionally, with the support of DSCR loans, borrowers can access financing with favorable terms.

Some of the main attractions in Lewiston include its picturesque surroundings, such as Lewiston Lake and Trinity River, which offer ample outdoor recreational activities like fishing and hiking. The town also hosts local events that bring the community together and promote a vibrant social scene.

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