DSCR up to 8 units in Oceano, CA

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

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

Investment Opportunities in Oceano, CA

Benefits of DSCR Loan in Oceano, California

DSCR (Debt Service Coverage Ratio) loan provides a stable and reliable financing option for real estate investors in Oceano, California. This type of loan ensures that the property's income covers all operating expenses and debt obligations, reducing financial risks for the borrower.

Demographics: Oceano, California, is a charming coastal town with a population of around 7,286 residents. The community is diverse, with a mix of families, retirees, and young professionals. The town has a laid-back atmosphere and offers a high quality of life to its residents.

Housing Market: Oceano's housing market is competitive yet offers opportunities for investors. The median home price is $579,000, with a steady appreciation rate. Rental demand is strong due to the town's proximity to the beach and local amenities, making it an attractive location for property investments.

Main Attractions: Oceano is known for its beautiful beaches, including the famous Oceano Dunes State Vehicular Recreation Area, a popular spot for outdoor activities. The town also boasts a vibrant arts and culture scene, with galleries, shops, and restaurants showcasing local talent.

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