DSCR up to 8 units in Shingletown, CA

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

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

Investment Opportunities in Shingletown, CA

Benefits of DSCR Loan in Shingletown, California

DSCR (Debt Service Coverage Ratio) loans offer numerous benefits for borrowers in Shingletown, California. These loans are ideal for real estate investors as they assess the property's ability to generate income, rather than focusing solely on the borrower's credit score. This can provide more flexibility for borrowers and increase their chances of securing financing for investment properties.

Shingletown, California, has a population of approximately 2,283 people. The town boasts a rural charm with picturesque landscapes, making it an ideal location for those seeking a peaceful and close-knit community. The median household income in Shingletown is $56,597, and the median property value is $244,900.

The housing market in Shingletown offers diverse opportunities for potential buyers. With a median home price below the national average, Shingletown presents an affordable option for individuals looking to invest in real estate. The market is stable, with a steady demand for both rental and ownership properties, making it a favorable environment for property investors.

Some main attractions in Shingletown include the Lassen Volcanic National Park, offering visitors stunning views of volcanic landscapes and an array of outdoor activities. Additionally, Shingletown is home to various hiking trails, fishing spots, and wildlife viewing areas, making it a haven for nature enthusiasts and outdoor adventurers.

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