DSCR up to 8 units in Norden, CA

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

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

Investment Opportunities in Norden, CA

Benefits of DSCR Loan in Norden, California

DSCR loans in Norden, California offer borrowers the advantage of a Debt Service Coverage Ratio to ensure they can comfortably meet their loan obligations without financial strain. This provides a sense of security and stability in managing loan repayment.

Demographically, Norden is a small, close-knit community nestled in the Sierra Nevada mountains with a population of around 100 residents. The area is known for its outdoor recreational activities such as skiing, hiking, and mountain biking, attracting nature enthusiasts and adventure seekers.

The housing market in Norden presents a mix of cozy cabins, mountain chalets, and modern vacation homes. With the rise of remote work, the demand for properties in serene mountain settings has increased, making it an attractive investment opportunity for individuals seeking a tranquil lifestyle.

Main attractions in Norden include the Sugar Bowl Resort for skiing and snowboarding, Donner Summit for hiking and breathtaking views of Donner Lake, and the historic Rainbow Bridge along the Pacific Crest Trail, offering a glimpse into the area's rich history and natural beauty.

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