DSCR up to 8 units in Novato, CA

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

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

Investment Opportunities in Novato, CA

Benefits of DSCR Loans in Novato, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for individuals and businesses in Novato, California. These loans provide financial flexibility by allowing borrowers to leverage their current assets to secure additional funds for investments, expansions, or other financial needs. Additionally, DSCR loans often come with lower interest rates compared to other financing options, making them a cost-effective solution for borrowers in Novato.

Novato, California, is a vibrant city situated in the northern part of Marin County. With a population of approximately 55,000 residents, Novato boasts a diverse community that includes young professionals, families, and retirees. The city's demographics highlight a mix of cultural backgrounds and economic statuses, creating a dynamic environment for both residents and businesses.

The housing market in Novato, California, offers a mix of property types, including single-family homes, townhouses, and condominiums. The real estate market in Novato is competitive yet stable, with steady appreciation rates and a strong demand for housing. For individuals looking to invest in real estate, Novato presents lucrative opportunities for long-term growth and rental income.

Novato, California, is home to a range of main attractions that cater to residents and visitors alike. The city's natural beauty is showcased through scenic parks, hiking trails, and panoramic views of the Bay Area. Additionally, Novato's cultural scene includes art galleries, local theaters, and community events that celebrate the city's rich history and diverse heritage.

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