DSCR up to 8 units in Penryn, CA

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

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

Investment Opportunities in Penryn, CA

Benefits of DSCR Loan in Penryn, California

DSCR loans offer flexibility in financing real estate investments by considering the property's income-generating potential rather than just the borrower's credit score.

Penryn, California, is a picturesque town with a population that values community and outdoor activities. The median age is 42, and the median household income is above the state average, making it an attractive location for both residents and investors.

The housing market in Penryn is thriving, with a variety of properties available for sale or rent. The median home value is higher than the national average, reflecting the desirability of the area and the potential for property appreciation.

Main attractions in Penryn include the scenic foothills of the Sierra Nevada Mountains, local wineries offering wine tasting tours, and proximity to hiking trails and outdoor recreational activities at the nearby Auburn State Recreation Area.

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