DSCR up to 8 units in San Lucas, CA

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

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

Investment Opportunities in San Lucas, CA

Benefits of DSCR Loan in San Lucas, California

DSCR (Debt Service Coverage Ratio) loans in San Lucas, California offer numerous benefits to borrowers. These loans are attractive because they rely on the income generated by the property to determine the borrower's eligibility, rather than personal income. This can be advantageous for investors looking to finance rental properties or commercial real estate.

San Lucas, California boasts a diverse demographic profile. With a population of approximately 25,000 residents, the city is known for its cultural vibrancy and welcoming atmosphere. The median household income is $70,000, with a mix of young professionals, families, and retirees contributing to the community's growth.

The housing market in San Lucas is thriving, with a range of property options available to suit different budgets and preferences. The median home value stands at $600,000, offering opportunities for both buyers and sellers. With a stable market and steady appreciation rates, investing in real estate in San Lucas can be a wise financial decision.

San Lucas is home to several main attractions that draw visitors and residents alike. From beautiful parks and recreation areas to historic landmarks and cultural events, there is always something to explore in this vibrant city. The local dining scene is also a highlight, with diverse culinary offerings to satisfy every palate.

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