DSCR up to 8 units in Mira Loma, CA

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

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

Investment Opportunities in Mira Loma, CA

Benefits of DSCR Loan in Mira Loma, California

DSCR loans in Mira Loma, California offer numerous benefits to borrowers. These loans are especially advantageous for real estate investors as they utilize the property's income to determine the borrower's ability to repay the loan. This can expand borrowing capacity without relying solely on personal income.

Demographics in Mira Loma showcase a diverse community with a mix of different ethnicities. The area has a growing population of young professionals and families attracted by its proximity to major cities like Los Angeles and Riverside. The median household income is above the state average, indicating a relatively affluent population.

The housing market in Mira Loma is dynamic, with a range of properties available for buyers and investors. The market has seen steady appreciation in home values over the years, making it an attractive location for real estate investment. With a variety of housing options, from suburban single-family homes to modern apartments, Mira Loma caters to different lifestyle preferences.

Some main attractions in Mira Loma include the popular Jurupa Mountains Discovery Center, which offers educational programs and nature trails for visitors. Additionally, the nearby Glen Ivy Hot Springs provides a relaxing retreat for residents looking to unwind and rejuvenate. Mira Loma's proximity to outdoor recreational areas like the Santa Ana River and Jurupa Mountains Regional Park makes it a desirable location for nature enthusiasts.

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