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DSCR loan in Monterey, 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 Monterey, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Monterey, 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 Monterey, CA real estate investors have you covered.
A Debt-Service Coverage Ratio (DSCR) loan in Monterey, California offers numerous benefits for both investors and homeowners. One of the key advantages is that DSCR loans provide a more accurate assessment of the borrower's ability to repay the loan, making them a safer option for lenders. Monterey, California, is a picturesque coastal city known for its rich history, diverse population, and thriving economy. The demographics of Monterey showcase a multicultural community with a mix of residents from various backgrounds, making it a vibrant and inclusive place to live. The housing market in Monterey is dynamic and offers a range of options for buyers and investors. With a mix of historic homes, modern condos, and waterfront properties, the real estate market in Monterey caters to various preferences and budgets, making it an attractive destination for homebuyers. Some of the main attractions in Monterey include the iconic Monterey Bay Aquarium, Cannery Row, historic Fisherman's Wharf, and the scenic 17-Mile Drive. These attractions draw tourists and residents alike, offering cultural experiences, outdoor adventures, and breathtaking views of the Pacific Ocean.
Benefits of DSCR Loan in Monterey, California
