DSCR up to 8 units in Piru, CA

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

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

Investment Opportunities in Piru, CA

Benefits of DSCR Loan in Piru, California

A Debt-Service Coverage Ratio (DSCR) loan in Piru, California offers numerous advantages to borrowers. One key benefit is that it allows investors to secure financing for income-generating properties without relying heavily on personal income qualifications.

Demographically, Piru is a small, charming town located in Ventura County, California. The population is diverse, with a mix of families, young professionals, and retirees. The town has a tight-knit community feel, offering a slower pace of life compared to nearby urban areas.

When it comes to the housing market in Piru, California, the town offers a range of options for potential buyers. From historic homes with architectural charm to modern constructions, there is something for everyone. The market is relatively stable, with home prices steadily appreciating over the years.

Main attractions in Piru include the picturesque Lake Piru, a popular spot for fishing, boating, and camping. The town is also home to the historic Rancho Camulos Museum, offering a glimpse into California's past. Outdoor enthusiasts will enjoy the nearby Los Padres National Forest, known for its hiking trails and scenic beauty.

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