DSCR up to 8 units in Mecca, CA

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

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

Investment Opportunities in Mecca, CA

Benefits of DSCR Loan in Mecca, California

One of the key benefits of a Debt Service Coverage Ratio (DSCR) loan in Mecca, California is the ability to secure financing for real estate investment properties without relying solely on personal income. This allows investors to leverage the potential of the property itself to generate income and cover loan payments.

Demographics in Mecca, California show a diverse community with a predominance of Hispanic residents. The town has a close-knit feel and a strong sense of cultural identity, making it a welcoming place for individuals and families looking to settle in a vibrant and inclusive community.

The housing market in Mecca, California offers a range of opportunities for investors and homebuyers alike. With a growing demand for affordable housing options, the town presents a promising landscape for property investment and development. The availability of DSCR loans further enhances the prospects for those looking to enter the real estate market.

Main attractions in Mecca, California include the Salton Sea, a popular spot for outdoor recreation and birdwatching. The nearby Santa Rosa Mountains provide stunning views and hiking opportunities for nature enthusiasts. Additionally, the town's rich cultural heritage is reflected in its local events and festivals that showcase the community's traditions and customs.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now