DSCR up to 8 units in Point Mugu Nawc, CA

DSCR loan in Point Mugu Nawc, 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 Point Mugu Nawc, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Point Mugu Nawc, 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 Point Mugu Nawc, 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 Point Mugu Nawc, CA real estate investors have you covered.

Investment Opportunities in Point Mugu Nawc, CA

Benefits of DSCR Loan in Point Mugu Nawc, California

Benefits

A Debt-Service Coverage Ratio (DSCR) loan can be beneficial for investors in Point Mugu Nawc, California, as it provides a clear picture of the property's ability to generate income to cover the debt obligations.

Demographics

Point Mugu Nawc is a small community located in Ventura County, California, with a population of around 7,000 residents. The area has a diverse demographic mix with a strong military presence due to the nearby Naval Base Ventura County.

Housing Market

The housing market in Point Mugu Nawc is stable with a median home value of $600,000. The market offers a mix of single-family homes and rental properties, making it attractive for both homeowners and investors.

Main Attractions

Point Mugu State Park is a popular destination for outdoor enthusiasts, offering hiking trails, camping sites, and stunning views of the Pacific Ocean. The area also boasts beautiful beaches, such as Zuma Beach, known for its surfing opportunities and scenic beauty.

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