DSCR up to 8 units in Van Nuys, CA

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

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

Investment Opportunities in Van Nuys, CA

Benefits of DSCR Loans in Van Nuys, California

Benefits of DSCR Loans

DSCR loans offer a higher level of flexibility compared to traditional mortgages, making them attractive to investors and entrepreneurs looking to finance commercial properties in Van Nuys.

These loans have a focus on the property's income potential rather than the borrower's credit score, allowing for easier approval processes and higher loan amounts.

Additionally, DSCR loans typically have lower interest rates and longer repayment terms, providing borrowers with more favorable financing options.

Demographics

Van Nuys is a diverse neighborhood in the San Fernando Valley with a population made up of various ethnicities, including Hispanic, Caucasian, and Asian residents.

The community is known for its bustling shopping centers, cultural diversity, and strong sense of community, attracting individuals from different backgrounds.

Housing Market

The housing market in Van Nuys offers a mix of single-family homes, apartments, and townhouses, catering to a range of preferences and budgets.

With steady property appreciation rates and a growing demand for housing, investing in real estate in Van Nuys can be a lucrative venture for prospective buyers.

Main Attractions

Van Nuys is home to attractions such as the Van Nuys Airport, the Japanese Garden, and the Sepulveda Basin Recreation Area, providing residents with opportunities for leisure and outdoor activities.

The neighborhood also boasts a variety of dining options, shopping centers, and entertainment venues, making it a vibrant and lively area to live in.

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