DSCR up to 8 units in Waterford, CA

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

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

Investment Opportunities in Waterford, CA

Benefits of DSCR Loan in Waterford, California

DSCR loans offer numerous benefits for individuals in Waterford, California. These loans are ideal for real estate investors looking to purchase or refinance properties. One of the main advantages is that they focus on the property's cash flow rather than the borrower's credit score, making them more accessible for those with lower credit ratings.

Demographically, Waterford is a vibrant small town located in Stanislaus County, California. With a population of approximately 8,500 residents, the town offers a tight-knit community feel. The median age is 31 years, making it an ideal location for young families and professionals looking for a peaceful yet connected lifestyle.

The housing market in Waterford is diverse, with a mix of single-family homes, townhouses, and apartments. The median home price is around $300,000, making it an affordable option for first-time buyers and investors alike. The market is stable, with steady appreciation rates, presenting a good opportunity for long-term investment.

Some main attractions in Waterford include the beautiful Stanislaus River for outdoor enthusiasts, the historic Waterford Museum for those interested in the town's history, and the local farmers' market for fresh produce and community gatherings. These attractions add to the town's charm and appeal.

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