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DSCR loan in Seal Beach, 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 Seal Beach, CA, and many other cities throughout Texas and the US.
Buy-and-hold investors in Seal Beach, 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 Seal Beach, CA real estate investors have you covered.
DSCR (Debt-Service Coverage Ratio) loans offer several benefits to property owners in Seal Beach, California. One of the main advantages is that this type of loan allows for more flexibility in terms of income requirements, making it easier for borrowers to qualify even if they have multiple income sources or are self-employed. Moreover, DSCR loans typically have lower interest rates compared to traditional mortgages, resulting in lower monthly payments and overall cost savings over the life of the loan. Additionally, these loans are especially beneficial for investors looking to finance rental properties as the DSCR calculation focuses on the property's income potential rather than the borrower's personal income. Seal Beach, a charming seaside city in Orange County, California, boasts a diverse population with a mix of families, young professionals, and retirees. The city enjoys a moderate Mediterranean climate, making it an attractive place to live year-round. As for the housing market in Seal Beach, it is characterized by a mix of historic homes, modern beachfront properties, and luxurious estates. The market is competitive, with a median home price higher than the national average, reflecting the desirability of the area. Some of the main attractions in Seal Beach include the picturesque Main Street lined with shops and restaurants, the iconic Seal Beach Pier offering stunning ocean views, and the beautiful sandy beaches popular for surfing and sunbathing.
Benefits of DSCR Loan in Seal Beach, California
