DSCR up to 8 units in Taft, CA

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

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

Investment Opportunities in Taft, CA

Benefits of DSCR Loan in Taft, California

DSCR loans in Taft, California offer attractive benefits such as low down payments and competitive interest rates. Borrowers can leverage the Debt-Service Coverage Ratio to secure funding for investment properties without impacting personal credit.

Demographics: Taft, California, is a vibrant city with a population of approximately 9,000 residents. The median age is 33 years old, and the median household income is $45,000. The city boasts a diverse community with a mix of cultures and backgrounds.

Housing Market: Taft's housing market is experiencing steady growth, with a median home price of $200,000. The market offers a mix of single-family homes and investment properties suitable for DSCR loans. The rental demand is high, making it an attractive location for real estate investors.

Main Attractions: Taft is known for its rich history in oil production, with attractions like the West Kern Oil Museum showcasing the city's heritage. The Buena Vista Recreation Area offers outdoor activities such as hiking and camping, making Taft a great place to live and invest.

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