DSCR up to 8 units in Seaside, CA

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

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

Investment Opportunities in Seaside, CA

DSCR Loan Benefits in Seaside, California

1. Low Risk: DSCR loans provide lenders with a lower risk as the property's income covers the mortgage payments, making it an attractive option for investors.

2. Higher Loan Amounts: The Debt Service Coverage Ratio (DSCR) allows borrowers to qualify for larger loan amounts based on the property's income potential rather than personal income.

3. Competitive Interest Rates: DSCR loans generally offer competitive interest rates, making them a cost-effective financing option for real estate investments in Seaside.

Demographics

Seaside, California, is a diverse community with a population of approximately 34,000 residents. The city boasts a mix of cultures and backgrounds, contributing to its vibrant and lively atmosphere.

Housing Market

Seaside's housing market is dynamic, with a range of options from cozy beachfront condos to spacious family homes. The market has seen steady growth in property values, making it an attractive location for real estate investments.

Main Attractions

Seaside offers a variety of attractions, including the beautiful beaches along the Monterey Bay, the scenic Pacific Grove Coastal Recreation Trail, and the historic Oldemeyer Center. Additionally, the city is in close proximity to popular destinations like the Monterey Bay Aquarium and Fisherman's Wharf.

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