DSCR up to 8 units in South El Monte, CA

DSCR loan in South El Monte, 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 South El Monte, CA, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in South El Monte, 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 South El Monte, 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 South El Monte, CA real estate investors have you covered.

Investment Opportunities in South El Monte, CA

Benefits of DSCR Loan in South El Monte, California

DSCR (Debt-Service Coverage Ratio) loans provide a unique opportunity for real estate investors in South El Monte, California. These loans offer favorable terms that allow borrowers to finance income-producing properties. The primary benefit of a DSCR loan is that the lender focuses on the property's cash flow rather than the borrower's personal income. This helps investors qualify for higher loan amounts and better terms.

South El Monte is a diverse and vibrant community located in Los Angeles County, California. The city has a population of approximately 20,000 residents, with a mix of Hispanic, Asian, and White demographics. South El Monte offers a range of cultural events, educational programs, and recreational activities for residents of all ages.

The housing market in South El Monte is characterized by a mix of single-family homes, multi-family units, and commercial properties. The city offers a range of affordable housing options for both renters and buyers. The real estate market in South El Monte is stable, with steady appreciation rates over the years, making it an attractive location for real estate investors.

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