DSCR up to 8 units in Phillipsville, CA

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

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

Investment Opportunities in Phillipsville, CA

DSCR Loan Benefits in Phillipsville, California

DSCR loans, also known as Debt-Service Coverage Ratio loans, offer numerous benefits to individuals and businesses in Phillipsville, California. These loans provide a way to finance real estate investments while ensuring a steady cash flow to cover mortgage payments. By using the property's income to qualify for the loan, borrowers can secure financing more easily.

Demographically, Phillipsville is a small town located in Humboldt County, California, with a population of around 140 residents. The town is known for its rural charm, surrounded by lush greenery and forests. The community is tight-knit, offering a peaceful and quiet environment for its residents.

The housing market in Phillipsville is characterized by a mix of single-family homes, rural properties, and potential investment opportunities. With the introduction of DSCR loans, aspiring homeowners and investors have more options to explore in the real estate market. The availability of these loans can stimulate property purchases and boost the local housing market.

Some of the main attractions in Phillipsville and its surrounding areas include the Avenue of the Giants, a scenic drive through towering redwood trees, and Founders Grove, a peaceful spot for hiking and picnicking. The town's proximity to state parks and natural wonders makes it an ideal location for outdoor enthusiasts and nature lovers.

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