DSCR up to 8 units in Ocotillo, CA

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

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

Investment Opportunities in Ocotillo, CA

Benefits of DSCR Loan in Ocotillo, California

DSCR loans offer attractive benefits to borrowers in Ocotillo, California. These loans are specifically designed for real estate investors and provide a way to finance income-producing properties without relying solely on personal income.

Demographics in Ocotillo consist of a diverse population with a median age of X and a median household income of $Y. The town enjoys a mix of cultures and backgrounds, creating a vibrant community that contributes to the local economy.

The housing market in Ocotillo is promising, with steady appreciation rates and a range of property options. DSCR loans can help investors take advantage of these favorable conditions by providing flexible financing solutions tailored to their investment goals.

Ocotillo boasts several main attractions, including the stunning Ocotillo Wells State Vehicular Recreation Area, which offers outdoor enthusiasts a playground for off-roading and camping. The town's proximity to the Salton Sea provides recreational opportunities and beautiful views for residents and visitors alike.

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