Get Approved at The Lowest Rate
DSCR loan in Los Gatos, 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 Los Gatos, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Los Gatos, 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 Los Gatos, CA real estate investors have you covered.
A Debt Service Coverage Ratio (DSCR) loan in Los Gatos, California offers several benefits to borrowers. Firstly, it allows real estate investors to secure financing based on the property's income potential rather than personal income. This is advantageous for those with multiple rental properties or who are self-employed. Secondly, DSCR loans typically have lower interest rates compared to traditional mortgages, making them a cost-effective financing option. Moreover, these loans have longer terms and higher loan-to-value ratios, providing investors with more flexibility and potential for higher returns on their investments. Additionally, DSCR loans are more accessible to individuals with less-than-perfect credit scores, as the focus is primarily on the property's income-generating ability rather than the borrower's credit history. This can help aspiring investors get started in the competitive Los Gatos real estate market.
The Benefits of a DSCR Loan in Los Gatos, California
