DSCR up to 8 units in San Luis Obispo, CA

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

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

Investment Opportunities in San Luis Obispo, CA

Benefits of DSCR Loans in San Luis Obispo, California

DSCR loans in San Luis Obispo offer numerous advantages to borrowers. These loans are particularly beneficial for real estate investors as they focus on the property's cash flow rather than the borrower's credit score.

Demographically, San Luis Obispo has a population of approximately 47,000 residents. The city attracts a diverse mix of students, professionals, and retirees due to its vibrant cultural scene and proximity to California Polytechnic State University.

The housing market in San Luis Obispo is robust, with a median home price of around $700,000. DSCR loans provide investors with the opportunity to leverage their investments and unlock higher returns in this competitive real estate market.

Main attractions in San Luis Obispo include the historic Mission San Luis Obispo de Tolosa, the scenic Bishop Peak hiking trail, and the lively farmers' market held every Thursday night in the downtown area.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now