DSCR up to 8 units in New Almaden, CA

DSCR loan in New Almaden, 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 New Almaden, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in New Almaden, 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 New Almaden, 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 New Almaden, CA real estate investors have you covered.

Investment Opportunities in New Almaden, CA

Benefits of DSCR Loan in New Almaden, California

DSCR loans in New Almaden offer numerous benefits for property investors. These loans are specifically designed to assess the property's income potential rather than the borrower's credit score, making them ideal for investors with multiple properties or those looking to expand their portfolios.

New Almaden, located in Santa Clara County, California, has a diverse demographic mix. The town has a mix of families, young professionals, and retirees. With a strong sense of community, residents enjoy a peaceful suburban lifestyle while having access to urban amenities in nearby cities like San Jose.

The housing market in New Almaden is stable and offers good investment opportunities. The median home value is above the national average, making it an attractive location for real estate investors. The market is characterized by a mix of historic homes and modern developments, catering to different preferences.

New Almaden boasts several main attractions, including the New Almaden Quicksilver County Park, which offers hiking trails and historical sites. For history enthusiasts, the Casa Grande & Senador Mine provides a glimpse into the town's mining past. Additionally, the area is known for its scenic beauty and proximity to wineries in the Santa Cruz Mountains.

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