DSCR up to 8 units in Toluca Lake, CA

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

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

Investment Opportunities in Toluca Lake, CA

DSCR Loan Benefits in Toluca Lake, California

Benefits of DSCR Loan:

A Debt-Service Coverage Ratio (DSCR) loan provides borrowers with a stable financing option as it considers the property's income-generating potential rather than just personal credit. This can be especially beneficial for real estate investors looking to secure funding for rental properties or commercial real estate ventures.

Demographics:

Toluca Lake, California, is a charming neighborhood known for its affluent residents, including professionals in the entertainment industry. The area boasts a mix of luxurious estates and upscale apartments, attracting a diverse population seeking a high standard of living.

Housing Market:

The Toluca Lake housing market is renowned for its exclusive properties and stable value appreciation. With a blend of historic homes and modern architectural gems, the area offers diverse housing options to cater to different preferences and lifestyles.

Main Attractions:

Some of the main attractions in Toluca Lake include the beautiful Lakeside Golf Club, the serene Toluca Lake itself, and proximity to popular shopping and dining destinations in neighboring areas like Burbank and Studio City. Residents also enjoy easy access to outdoor activities at nearby Griffith Park.

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