DSCR up to 8 units in San Simeon, CA

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

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

Investment Opportunities in San Simeon, CA

DSCR Loan Benefits in San Simeon, California

DSCR loans, or Debt Service Coverage Ratio loans, provide a reliable way for individuals or businesses in San Simeon to secure financing while ensuring they can comfortably meet their debt obligations. These loans are ideal for real estate investments, offering flexible terms and competitive interest rates.

San Simeon, located on the stunning central coast of California, boasts a diverse population with a median household income above the national average. The town attracts both tourists and residents with its beautiful beaches, mild climate, and close proximity to attractions like Hearst Castle.

The housing market in San Simeon is characterized by a mix of traditional single-family homes and luxury estates. The demand for housing remains strong due to the area's natural beauty and desirable location. With the help of a DSCR loan, individuals can capitalize on the stable real estate market and secure their dream home in this picturesque town.

San Simeon is renowned for its breathtaking coastal views, iconic landmarks like Hearst Castle, and outdoor recreational opportunities including hiking, biking, and whale watching. The town's rich history and cultural offerings make it a unique and vibrant community that appeals to visitors and residents alike.

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