DSCR up to 8 units in Rio Oso, CA

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

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

Investment Opportunities in Rio Oso, CA

Benefits of DSCR Loan in Rio Oso, California

DSCR loans in Rio Oso, California offer numerous benefits to prospective homebuyers. These loans are ideal for investors or individuals looking to purchase rental properties as they assess the property's ability to generate income to cover mortgage payments.

Rio Oso, California is a charming town with a diverse population. The median age is 42, and the median household income is $73,000. The area is known for its friendly community and excellent school district, making it an ideal location for families.

The housing market in Rio Oso is currently experiencing steady growth, with an average home value of $350,000. The market is stable, and properties tend to retain their value over time, making it a safe investment for potential buyers.

Some main attractions in Rio Oso include the picturesque Feather River, where residents can enjoy fishing and boating. The town also boasts several parks and walking trails, perfect for outdoor enthusiasts. Additionally, Rio Oso is located near Sacramento, offering easy access to city amenities.

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