Get Approved at The Lowest Rate
DSCR loan in Lomita, 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 Lomita, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Lomita, 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 Lomita, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans in Lomita, California offer numerous advantages. These loans are ideal for real estate investors as they assess the property's income potential rather than the borrower's credit score, making them accessible to a wider range of investors. Demographically, Lomita is a diverse city in Los Angeles County with a population of approximately 20,256 (as of the 2019 census). The city boasts a mix of cultures, with a strong sense of community and local pride. The housing market in Lomita is vibrant, offering a mix of single-family homes, townhouses, and apartments. The median home value is $688,300, making it an affordable option for homebuyers, especially with the availability of DSCR loans. Some of the main attractions in Lomita include the Lomita Railroad Museum, showcasing the city's railway history, and Lomita Park, a popular outdoor recreation spot for residents and visitors alike.
The Benefits of a DSCR Loan in Lomita, California
