DSCR up to 8 units in Myers Flat, CA

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

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

Investment Opportunities in Myers Flat, CA

Benefits of DSCR Loan in Myers Flat, California

DSCR loans, also known as Debt Service Coverage Ratio loans, offer numerous benefits for borrowers in Myers Flat, California. These loans are advantageous for investors as they focus on the property's income potential rather than personal income, making them easier to qualify for.

Demographically, Myers Flat is a small town nestled in Humboldt County with a population of approximately 146 residents. The community boasts a diverse mix of age groups, mainly comprising families and retirees, creating a close-knit and welcoming environment.

In terms of the housing market, Myers Flat offers a range of affordable housing options, from cozy cabins to spacious family homes. The market is stable, with steady appreciation rates, making it an attractive location for both first-time homebuyers and real estate investors.

Some of the main attractions in Myers Flat include the picturesque Humboldt Redwoods State Park, renowned for its stunning redwood forests and scenic hiking trails. Additionally, visitors can explore the Avenue of the Giants, a world-famous scenic drive showcasing the magnificent beauty of giant redwoods.

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