DSCR up to 8 units in Onyx, CA

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

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

Investment Opportunities in Onyx, CA

DSCR Loan Benefits in Onyx, California

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages for property investors in Onyx, California. The primary benefit is the higher loan amounts that can be secured, typically with lower interest rates. This ensures that investors have easier access to the capital needed for property acquisitions or improvements.

Demographically, Onyx is a diverse community with a population that is largely middle-aged with a mix of families and retirees. The town has a rich cultural heritage, with a significant portion of residents tracing their roots back to early settlers in the region.

The housing market in Onyx is characterized by a stable growth trend, making it an attractive location for property investment. The demand for housing is steadily increasing, with a good balance between supply and demand, creating a healthy market for both buyers and sellers.

Some main attractions in Onyx include the breathtaking landscapes of the nearby Sequoia National Park, offering residents and visitors plenty of opportunities for outdoor activities such as hiking, camping, and wildlife viewing. Additionally, the town is known for its vibrant local art scene and cozy cafes that add to its charm.

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