We specialize in helping real estate investors finance investment properties in the competitive New York real estate market with our DSCR (Debt Service Coverage Ratio) loans. With years of experience offering DSCR loans in New York, we’ve helped countless investors, including first-timers. Whether you want to purchase a rental property or refinance an existing one, our DSCR programs are here.
- DSCR = Gross Income divided by PITIA / ITIA (Interest Only)
- Max loan amount: $5M
- Eligible properties: 1-4 family homes and condominiums
- Up to 85% LTV for Purchase, Rate & Term Refi
- Up to 75% LTV for Cash-Out Refi
- 600 FICO minimum
- Non-Warrantable Condos OK
- Investment properties only
- Gift Funds allowed
- No limit on financed properties
- Leasehold properties eligible
- Short-term rentals—Airbnb, VRBO (Purchase, Rate & Term Refi, Cash Out)
One of our standout offerings is the No Ratio DSCR program, which allows you to qualify without using rental income. While this program requires a higher down payment than our standard DSCR 1.0 ratio loans, it provides a unique opportunity for investors who may not yet have a rental income history.
Contact our office at 800-220-LOAN (5626) or complete the Fast Quote form, and someone will contact you within the hour.