DSCR up to 8 units in Phelan, CA

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

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

Investment Opportunities in Phelan, CA

Benefits of DSCR Loan in Phelan, California

DSCR (Debt Service Coverage Ratio) loans offer numerous advantages to borrowers in Phelan, California. These loans are ideal for real estate investors and property owners looking to purchase or refinance income-producing properties.

Demographically, Phelan is a diverse community located in Southern California, with a population that enjoys a mix of rural and suburban lifestyles. The area boasts a rich cultural heritage and a strong sense of community pride.

The housing market in Phelan is characterized by steady growth and stable property values. With a range of housing options available, from single-family homes to larger estates, Phelan offers something for every buyer's needs and budget.

Some of the main attractions in Phelan include its proximity to stunning natural landscapes such as the San Bernardino National Forest and the Pacific Crest Trail. Residents and visitors alike can enjoy outdoor activities like hiking, camping, and fishing in these picturesque surroundings.

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