Recently Funded DSCR Loan In Ridgecrest, California
Loan Scenario:
A newer investor who has owned their primary residence for four years and their first rental for nine months turned to American Heritage Lending to unlock equity from a single-family home in Ridgecrest, California. Through AHL’s DSCR loan program, the borrower qualified on the property’s rental income and secured a $180,000 cash-out refinance at 69% loan-to-value against a $261,000 appraised value.
Structured on a 40-year interest-only term as a True Zero Point loan, the financing was engineered to maximize monthly cash flow, and with a debt-service-coverage ratio of 1.066 the rents comfortably support the payment. The interest-only structure and zero-point pricing gave a growing investor both breathing room and capital to reinvest, a tailored fit for someone still scaling their portfolio.
Ridgecrest, in California’s high desert near the Naval Air Weapons Station at China Lake, benefits from steady, employment-anchored rental demand that keeps quality single-family homes leased year-round. That stable tenant base offers investors dependable income in an affordable corner of an expensive state. As this borrower continues to build across California, AHL is ready to fund what’s next, and new investors can explore financing in minutes.
Similar Recently Funded Case Studies: DSCR Loan in Harbor City, CA • DSCR Loan in Lemon Grove, CA • DSCR Loan in Lincoln, CA
Key Deal Points
| Address | Ridgecrest, CA |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Newer Investor |
| Property Type | Single Family Detached |
| Appraised Value | $261,000 |
| Loan Amount | $180,000 |
| Loan To Value (LTV) | 69% |
| DSCR | 1.066 |
| Loan Term | 40-Year Interest-Only |
| Loan Structure | True Zero Point Loan |
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