DSCR up to 8 units in Petrolia, CA

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

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

Investment Opportunities in Petrolia, CA

Benefits of DSCR Loans in Petrolia, California

DSCR loans in Petrolia, California offer competitive interest rates, making them an attractive financing option for real estate investments. Borrowers benefit from low monthly payments based on property income, ensuring better cash flow management.

Demographics: Petrolia, California, a small coastal town, has a population of approximately 300 residents. Known for its scenic beauty and peaceful environment, it attracts nature lovers and those seeking a quiet retreat away from city life.

Housing Market: The housing market in Petrolia offers diverse options, from charming seaside cottages to expansive ranch-style homes. With steady appreciation rates and a mix of traditional and modern properties, it presents opportunities for both investors and new residents.

Main Attractions: Petrolia is home to the picturesque Mattole Beach, popular for its stunning coastal views and opportunities for surfing and beachcombing. The Lost Coast Trail, a rugged hiking route, appeals to outdoor enthusiasts looking for adventure and exploration.

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