Get Approved at The Lowest Rate
DSCR loan in Ridgecrest, 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 Ridgecrest, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Ridgecrest, 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 Ridgecrest, CA real estate investors have you covered.
DSCR (Debt Service Coverage Ratio) loans are popular in Ridgecrest, California for their advantageous features. These loans provide flexibility for investors by considering the property's income to determine loan approval, allowing for easier qualification compared to traditional mortgages. Demographics in Ridgecrest show a mix of young families and retirees in a close-knit community. The city boasts a strong military presence due to the nearby Naval Air Weapons Station China Lake, contributing to a stable economy and diverse population. The housing market in Ridgecrest offers a range of options from affordable single-family homes to spacious estates, catering to various preferences. With a steady demand for housing and low inventory levels, Ridgecrest presents opportunities for real estate investors looking to capitalize on appreciation. Ridgecrest is home to attractions like the Maturango Museum, showcasing cultural and natural history exhibits, and the Petroglyph Park with ancient indigenous rock art. Outdoor enthusiasts can enjoy nearby hiking trails in the Sierra Nevada and Inyo-Kern mountains.
Benefits of DSCR Loan in Ridgecrest, California
