DSCR up to 8 units in Selma, CA

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

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

Investment Opportunities in Selma, CA

Benefits of a DSCR Loan in Selma, California

A Debt Service Coverage Ratio (DSCR) loan in Selma, California, offers several advantages to borrowers. One key benefit is that it helps lenders evaluate the borrower's ability to generate sufficient income to cover debt obligations. This can result in more favorable loan terms and higher chances of approval.

Selma, California, a diverse and vibrant community, has a population that primarily consists of Hispanic and Caucasian residents. The town enjoys a moderate cost of living compared to nearby urban centers, making it an attractive option for families and individuals seeking affordable housing options.

The housing market in Selma, California, is characterized by a mix of single-family homes and apartments. With a stable real estate market, prospective buyers can find a range of properties at different price points. Additionally, low-interest rates and favorable lending conditions make it an opportune time to invest in the local housing market.

Selma boasts several main attractions for residents and visitors alike. The city is home to vibrant parks, cultural centers, and a bustling downtown area with shops and restaurants. Additionally, Selma's proximity to natural attractions such as Yosemite National Park and Sequoia National Forest makes it an ideal location for outdoor enthusiasts.

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