DSCR up to 8 units in Morongo Valley, CA

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

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

Investment Opportunities in Morongo Valley, CA

Benefits of DSCR Loans in Morongo Valley, California

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Morongo Valley, California. With a DSCR loan, individuals can secure financing for investment properties with lower risk as the property’s income primarily covers the mortgage payments.

Demographically, Morongo Valley is a diverse community with a population of approximately [insert current population]. The town boasts a mix of young families, retirees, and artists, creating a vibrant and inclusive atmosphere.

In terms of the housing market, Morongo Valley presents an excellent opportunity for property investment. The market features a mix of affordable single-family homes and spacious ranch properties, making it appealing to both first-time homebuyers and seasoned investors.

Some of the main attractions in Morongo Valley include its proximity to Joshua Tree National Park, famous for its unique rock formations and stunning sunsets. Additionally, the area offers opportunities for hiking, camping, and star gazing, making it a nature lover’s paradise.

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