DSCR up to 8 units in Nuevo, CA

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

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

Investment Opportunities in Nuevo, CA

Benefits of a DSCR Loan in Nuevo, California

Debt Service Coverage Ratio (DSCR) loans in Nuevo, California offer numerous benefits for borrowers. These loans are ideal for real estate investments due to their lower interest rates compared to traditional loans. Additionally, DSCR loans provide greater flexibility in terms of qualifying for a loan, making them accessible to a wider range of borrowers.

The population of Nuevo, California, is diverse, with a mix of families, young professionals, and retirees. The median household income is above the national average, making it an attractive location for those seeking financial stability. The community is known for its strong sense of unity and support.

The housing market in Nuevo, California, is thriving, with a variety of options available for buyers. From cozy single-family homes to modern apartments, there is something for everyone. The market has seen steady growth in property values, making it a promising investment opportunity for potential buyers and investors.

Some main attractions in Nuevo, California, include the picturesque Lake Perris State Recreation Area, which offers numerous outdoor activities such as hiking, fishing, and camping. The city also boasts a vibrant downtown area with unique shops, restaurants, and cultural events that showcase the local talent and creativity.

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