DSCR up to 8 units in Sherman Oaks, CA

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

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

Investment Opportunities in Sherman Oaks, CA

Benefits of DSCR Loan in Sherman Oaks, California

DSCR loans offer numerous benefits for individuals and businesses looking to invest in Sherman Oaks, California. These loans are ideal for investors as they rely solely on the property's income to cover the loan payments, allowing for higher loan amounts and more flexible borrowing options.

In terms of demographics, Sherman Oaks boasts a diverse population with a mix of young professionals, families, and retirees. The area is known for its high median income, excellent schools, and thriving job market, making it an attractive location for real estate investments.

The housing market in Sherman Oaks is robust, with a strong demand for both rental and purchase properties. Home prices have been steadily increasing, offering a promising investment opportunity for those looking to capitalize on the area's appreciation potential.

Some main attractions in Sherman Oaks include the Sherman Oaks Galleria, a popular shopping and entertainment destination, as well as the scenic parks and trails that offer recreational activities for residents and visitors alike.

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