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DSCR loan in Palm Desert, 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 Palm Desert, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Palm Desert, 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 Palm Desert, CA real estate investors have you covered.
DSCR loans in Palm Desert offer several advantages to borrowers. These loans are specifically designed for real estate investors and come with the benefit of not relying solely on personal credit. Instead, the loan is evaluated based on the property's income potential, allowing investors with lower credit scores to still secure financing. Demographics Palm Desert is a vibrant city located in Riverside County, California. With a population of approximately 53,000 residents, the city offers a diverse community rich in culture and activities. The median age of residents is around 53 years old, with a mix of families, retirees, and professionals calling Palm Desert home. Housing Market Information The housing market in Palm Desert is dynamic and attractive to both buyers and investors. The median home price in the city is around $415,000, with a variety of property options available, including single-family homes, condos, and luxury estates. The market has shown steady appreciation in recent years, making it a desirable location for real estate investment. Main Attractions Palm Desert is known for its beautiful landscape, upscale shopping centers, and world-class golf courses. The city is home to the Living Desert Zoo and Gardens, where visitors can explore desert flora and fauna. El Paseo, also known as the "Rodeo Drive of the Desert," offers high-end shopping and dining experiences for residents and tourists alike.
Benefits of DSCR Loans in Palm Desert, California
