DSCR up to 8 units in Oak Park, CA

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

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

Investment Opportunities in Oak Park, CA

Benefits of DSCR Loan in Oak Park, California

DSCR (Debt Service Coverage Ratio) loans offer several benefits to investors in Oak Park, California. These loans typically require a higher down payment, but they provide lower interest rates, longer terms, and are ideal for those looking to invest in rental properties or commercial real estate in the area.

Demographics

Oak Park, California, is a vibrant community located in Ventura County. With a population of around 14,000 residents, the area boasts a diverse demographic mix including young families, professionals, and retirees. The median household income is above the national average, making it an attractive location for investment.

Housing Market

The housing market in Oak Park is stable and offers a mix of single-family homes, townhouses, and apartments. The median home value is higher than surrounding areas, but the potential for property appreciation is excellent. With the demand for rental properties on the rise, investing in real estate in Oak Park can provide a steady income stream.

Main Attractions

Oak Park is known for its beautiful parks and outdoor recreational activities. The nearby Santa Monica Mountains offer hiking and biking trails with stunning views. The community also has top-rated schools, shopping centers, and restaurants, making it a desirable place to live and invest.

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