DSCR up to 8 units in Mammoth Lakes, CA

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

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

Investment Opportunities in Mammoth Lakes, CA

Benefits of DSCR Loan in Mammoth Lakes, California

DSCR (Debt Service Coverage Ratio) loans offer several benefits for individuals and businesses looking to invest in real estate in Mammoth Lakes, California. These loans provide a clear picture of the property's ability to generate income to cover debt obligations, making them attractive for investors seeking financing.

Mammoth Lakes, situated in the Eastern Sierra region of California, boasts a population of approximately 8,000 residents. The town's demographics skew towards a younger, active population, with a median age of 34. Outdoor enthusiasts are drawn to Mammoth Lakes for its world-class skiing, hiking, and mountain biking opportunities.

The housing market in Mammoth Lakes is characterized by a mix of traditional single-family homes, luxury condos, and vacation rentals. The area has seen steady appreciation in property values over the years, making it an attractive investment destination for those looking to capitalize on the tourism industry and the town's natural beauty.

Main attractions in Mammoth Lakes include the Mammoth Mountain Ski Area, which offers skiing and snowboarding in the winter and mountain biking in the summer. The town is also a gateway to the stunning natural beauty of the Eastern Sierra, including nearby national parks like Yosemite and Kings Canyon.

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