DSCR up to 8 units in Oakdale, CA

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

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

Investment Opportunities in Oakdale, CA

Benefits of DSCR Loan in Oakdale, California

DSCR loans in Oakdale, California offer numerous advantages to borrowers. One of the key benefits is that these loans do not primarily rely on the borrower's personal income and credit score but evaluate the property's income-generating potential. This feature makes them ideal for real estate investors looking to finance income-producing properties.

Demographically, Oakdale is a vibrant city in California with a population that values community and outdoor activities. The city has a mix of young families and retirees, creating a diverse and welcoming atmosphere. The cost of living is reasonable compared to other parts of California, making Oakdale an attractive place to live.

In terms of the housing market, Oakdale offers a variety of housing options ranging from single-family homes to apartments and condos. The market is stable with steady appreciation rates, making it a good investment opportunity for those looking to buy property in a growing market.

Oakdale boasts several main attractions, including the Oakdale Cowboy Museum, which celebrates the city's rich Western heritage. Outdoor enthusiasts can enjoy hiking, biking, and fishing in the nearby Sierra Nevada Mountains. Additionally, the city hosts various annual events like the Oakdale Rodeo, drawing visitors from all over.

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