DSCR up to 8 units in Orick, CA

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

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

Investment Opportunities in Orick, CA

Benefits of DSCR Loans in Orick, California

DSCR loans in Orick, California offer several benefits to investors and property owners. These loans are specifically designed for commercial real estate investments and provide a clear assessment of the property's ability to generate income to cover loan payments.

Demographically, Orick is a small town located in Humboldt County, California. It has a population of around 357 residents, offering a tight-knit community feel. With a median household income of $41,389, Orick presents affordable living options for individuals seeking a peaceful and rural lifestyle.

The housing market in Orick is characterized by a mix of single-family homes, vacant land, and rental properties. The median home value in Orick is $165,300, making it an attractive option for first-time homebuyers and investors looking for affordable real estate opportunities.

Main attractions in Orick include the stunning Redwood National and State Parks, where visitors can explore ancient redwood trees and enjoy outdoor activities like hiking, camping, and wildlife viewing. Additionally, the nearby Prairie Creek Redwoods State Park offers picturesque landscapes and scenic trails for nature enthusiasts.

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