DSCR up to 8 units in Palermo, CA

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

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

Investment Opportunities in Palermo, CA

Benefits of DSCR Loan in Palermo, California

DSCR loans in Palermo, California provide numerous benefits to borrowers. One of the key advantages is that these loans are based on the property's income potential rather than the borrower's personal income. This means that individuals with lower personal incomes but strong rental income from the property can still qualify for a loan.

Demographically, Palermo, California is a diverse community with a mix of different age groups and cultural backgrounds. The population is known for its friendly and welcoming nature, making it a great place to live and invest in real estate. The town is also home to a growing number of young professionals and families attracted by the affordable housing options.

The housing market in Palermo, California offers attractive opportunities for both homeowners and investors. The town's real estate market is characterized by steady appreciation rates and relatively affordable home prices compared to neighboring areas. This makes it an ideal location for first-time buyers and real estate investors looking for good returns on their investment.

Palermo, California boasts several main attractions that draw visitors and residents alike. From the scenic Feather River to the historic Palermo Park, there is no shortage of outdoor activities and cultural experiences to enjoy. Additionally, the town's proximity to Chico and other major cities provides residents with easy access to shopping, dining, and entertainment options.

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