DSCR up to 8 units in Piedra, CA

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

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

Investment Opportunities in Piedra, CA

Benefits of DSCR Loans in Piedra, California

DSCR (Debt-Service Coverage Ratio) loans offer numerous advantages for individuals in Piedra, California. These loans provide a more secure financial option for borrowers, as they assess the ability of the borrower to cover the debt through property income. This means that even if the borrower has other debts, the income generated by the property can still qualify them for the loan.

The demographics of Piedra, California, show a diverse community with a mix of families, young professionals, and retirees. The town's population is steadily growing, offering opportunities for real estate investments. With a strong sense of community and a range of amenities, Piedra is an attractive location for individuals looking to settle down or invest in property.

The housing market in Piedra, California, is competitive yet promising. The demand for housing is on the rise due to the town's proximity to major cities and its natural beauty. DSCR loans enable individuals to invest in the local real estate market without shouldering excessive financial risk, making it an ideal option for both new buyers and experienced investors.

Some of the main attractions in Piedra include the stunning Piedra Blanca National Recreation Trail, which offers breathtaking views and outdoor recreational activities. The town also boasts charming local shops, restaurants serving delicious cuisine, and a vibrant arts and culture scene, making it a desirable place to live and visit.

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