DSCR up to 8 units in Somes Bar, CA

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

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

Investment Opportunities in Somes Bar, CA

DSCR Loan Benefits in Somes Bar, California

Benefits of DSCR Loan: A Debt Service Coverage Ratio (DSCR) loan in Somes Bar, California offers borrowers a more accessible path to financing, especially for real estate investments. This type of loan considers the property's income-generating capability rather than the borrower's credit score, making it easier for individuals with fluctuating income to qualify and secure funding.

Demographics: Somes Bar, located in Northern California, boasts a diverse population mix, including families, retirees, and young professionals. The community values its small-town charm and tight-knit feel, creating a welcoming environment for new residents and businesses alike.

Housing Market: The housing market in Somes Bar offers a range of options, from historic homes in the downtown area to newer developments on the outskirts. With a steady demand for housing and competitive pricing compared to neighboring cities, Somes Bar presents a promising investment opportunity for those considering real estate in the region.

Main Attractions: In addition to its picturesque location along the Klamath River, Somes Bar offers outdoor enthusiasts access to hiking trails, fishing spots, and camping grounds. The town's proximity to the Siskiyou Mountains and the Marble Mountain Wilderness provides ample opportunities for nature exploration and adventure.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now