DSCR up to 8 units in Rancho Mirage, CA

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

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

Investment Opportunities in Rancho Mirage, CA

DSCR Loan Benefits in Rancho Mirage, California

A Debt Service Coverage Ratio (DSCR) loan in Rancho Mirage, California offers numerous benefits to borrowers. The primary advantage is that it helps determine the borrower's ability to service debt, ensuring they can comfortably afford the loan payments.

Demographics in Rancho Mirage, California, show a growing population of affluent residents. The city is known for its luxurious lifestyle, attracting retirees and well-off individuals seeking upscale living environments.

The housing market in Rancho Mirage remains robust, with high demand for upscale properties. The city offers a range of housing options, from exclusive estates to modern condos, catering to various preferences and budgets.

Apart from its real estate appeal, Rancho Mirage boasts several main attractions. Visitors and residents can enjoy world-class golf courses, luxury spas, and upscale dining options amidst the stunning desert landscape.

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