DSCR up to 8 units in Mckinleyville, CA

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

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

Investment Opportunities in Mckinleyville, CA

Benefits of DSCR Loan in McKinleyville, California

DSCR (Debt-Service Coverage Ratio) loans offer a great advantage to borrowers as they consider the property's income potential rather than personal income for loan approval. This is beneficial for investors or property owners looking to maximize their borrowing capacity.

McKinleyville, California, has a diverse population with approximately 17,000 residents. The town boasts a mix of families, young professionals, and retirees, creating a vibrant community with various activities and events for all age groups.

The housing market in McKinleyville is currently experiencing steady growth with an increase in demand for single-family homes and rental properties. Property values are on the rise, making it a favorable market for both buyers and sellers.

Main attractions in McKinleyville include the Clam Beach County Park, perfect for outdoor enthusiasts, and the Azalea State Reserve, known for its beautiful blooming flowers. Additionally, the town offers quaint local shops and restaurants, providing a unique charm to residents and visitors alike.

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