DSCR up to 8 units in Santa Paula, CA

DSCR loan in Santa Paula, 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 Santa Paula, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Santa Paula, 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 Santa Paula, 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 Santa Paula, CA real estate investors have you covered.

Investment Opportunities in Santa Paula, CA

The Benefits of DSCR Loans in Santa Paula, California

DSCR loans in Santa Paula offer numerous benefits to individuals and businesses seeking financing. One key advantage is the ability to use rental income to qualify for the loan, which can be particularly attractive for investors looking to purchase rental properties. Additionally, DSCR loans typically have lower interest rates compared to traditional residential mortgages, making them a cost-effective financing option.

Demographics: Santa Paula, California, is a vibrant city with a diverse population. The city has a mix of residents from various backgrounds, creating a rich cultural tapestry. The community is known for its friendly atmosphere and strong sense of community, making it an ideal place to live and work.

Housing Market: The housing market in Santa Paula is thriving, with a range of options available for buyers and renters alike. The city offers a mix of single-family homes, townhouses, and apartments, catering to different preferences and budgets. The real estate market in Santa Paula is competitive, with properties often selling quickly.

Main Attractions: Santa Paula boasts a variety of attractions for residents and visitors to enjoy. From the picturesque Santa Paula Creek to the historic Santa Paula Art Museum, there is something for everyone in this charming city. Outdoor enthusiasts can explore the Los Padres National Forest, while foodies can indulge in the local dining scene.

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