Get Approved at The Lowest Rate
DSCR loan in Merced, 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 Merced, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Merced, 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 Merced, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer significant benefits to borrowers in Merced, California. These loans provide a higher level of protection for lenders, as they ensure that the property's income will be sufficient to cover the mortgage payments, reducing the risk for both parties. Demographics in Merced showcase a diverse community with a population of around 83,316 residents. The city has a mix of cultures, with a significant Hispanic and Asian population. The median household income is $43,247, and the median property value stands at $254,400. The housing market in Merced is experiencing steady growth, making it an attractive location for real estate investments. The median home price has been on the rise, creating favorable conditions for sellers. With a range of housing options available, from historic homes to modern constructions, Merced offers something for every buyer's preference. Main attractions in Merced include the Merced County Courthouse Museum, where visitors can explore the county's history, and the Applegate Park Zoo, home to various wildlife species. The Castle Air Museum, showcasing military aircraft, and the beautiful Lake Yosemite are also popular destinations for locals and tourists alike.
Benefits of DSCR Loan in Merced, California
