DSCR up to 8 units in Olancha, CA

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

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

Investment Opportunities in Olancha, CA

Benefits of DSCR Loan in Olancha, California

DSCR (Debt-Service Coverage Ratio) loans provide numerous benefits for individuals in Olancha, California. These loans are particularly advantageous for real estate investors looking to purchase income-producing properties. One of the primary advantages of a DSCR loan is that it evaluates the property's income potential rather than focusing solely on the borrower's credit score.

Demographics: Olancha, California, is a small, charming town located in Inyo County. With a population of around 192 residents, Olancha offers a tight-knit community atmosphere. The town's demographic makeup consists of a mix of families, retirees, and outdoor enthusiasts attracted to the area's natural beauty.

Housing Market: The housing market in Olancha is characterized by a range of property types, including single-family homes, ranch-style properties, and vacation rentals. The market is relatively stable, with a median home value of $210,000. DSCR loans can be instrumental in helping individuals capitalize on investment opportunities in Olancha's real estate market.

Main Attractions: Olancha boasts a plethora of outdoor recreational activities, making it a paradise for nature lovers. The town is situated near the Sierra Nevada mountains, providing easy access to hiking, fishing, camping, and other outdoor pursuits. The nearby Death Valley National Park and the beautiful Owens Lake are also popular attractions for both residents and visitors.

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