DSCR up to 8 units in Lucerne, CA

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

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

Investment Opportunities in Lucerne, CA

The Benefits of DSCR Loans in Lucerne, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits to borrowers in Lucerne, California. These loans provide financial flexibility by allowing for lower down payments and longer repayment terms, making them ideal for real estate investments.

Demographics in Lucerne show a diverse community with a mix of age groups. The population consists of both working professionals and retirees, creating a dynamic and vibrant atmosphere in the town.

The housing market in Lucerne is characterized by affordable prices and a range of property types, from cozy lakefront cottages to spacious family homes. DSCR loans can help individuals take advantage of the available real estate opportunities in this growing market.

Main attractions in Lucerne include the picturesque Clear Lake, which offers boating, fishing, and recreational activities for residents and tourists alike. The town also boasts scenic hiking trails, wineries, and local shops that add to its charm.

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