DSCR up to 8 units in South Gate, CA

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

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

Investment Opportunities in South Gate, CA

DSCR Loan Benefits in South Gate, California

Debt Service Coverage Ratio (DSCR) loans offer numerous advantages in South Gate, California. These loans provide financial flexibility to businesses and investors by ensuring that income generated from the property is sufficient to cover debt obligations. This leads to lower risk for lenders and potentially lower interest rates for borrowers.

South Gate, located in Los Angeles County, has a diverse population with a significant Hispanic presence. The city offers a vibrant community with access to various cultural events, restaurants, and shopping centers. The strong sense of community in South Gate makes it an attractive place for businesses and residents alike.

The housing market in South Gate is dynamic, with a mix of single-family homes and apartments. The median home price is relatively affordable compared to neighboring areas, making it an appealing choice for first-time homebuyers. The steady appreciation of property values in South Gate also makes it an attractive option for real estate investors.

Some main attractions in South Gate include South Gate Park, a popular recreational spot with sports facilities and picnic areas. The city is also known for its local cuisine, offering a wide range of dining options to residents and visitors. Additionally, the nearby proximity to Los Angeles attractions makes South Gate a convenient and desirable place to live.

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