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DSCR loan in Pasadena, 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 Pasadena, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Pasadena, 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 Pasadena, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans offer various advantages for real estate investors in Pasadena, California. These loans provide more flexibility in terms of eligibility criteria and can be a great option for those with multiple income streams or unconventional revenue sources. Additionally, DSCR loans typically have lower interest rates compared to traditional mortgages, which can result in significant cost savings over the life of the loan. They also allow investors to finance properties without personal income verification, making them ideal for business owners and self-employed individuals. Moreover, the housing market in Pasadena is vibrant, with a diverse range of properties available for investment. The city boasts a mix of historic and modern homes, catering to different preferences and budgets. With steady appreciation rates and a strong rental market, Pasadena offers excellent opportunities for real estate investors.
Benefits of DSCR Loan in Pasadena, California
