NY Investor Lending
DSCR Loans in New York
A New York DSCR loan finances a non-owner-occupied rental property using property income to measure payment coverage instead of relying mainly on the borrower's W-2 income. Lenders review rent, principal and interest, New York property taxes, insurance, HOA or common charges, value, credit, reserves, entity documents, property condition, and whether the request is a purchase, refinance, or cash-out refinance.
Loan Size
$100K-$5MM
Borrower
Experienced Investors
Property
Non-Owner Occupied
Best-Fit Borrower Profile
Business-purpose loans for non-owner-occupied investment properties only
$100K minimum loan size
660+ credit preferred
Best fit for experienced operators with a clear exit plan
Rental purchases, rate-term refinances, and cash-out refinances
Properties with leases, market rent support, or a clear stabilization plan
Review a New York rental property
Send the property address, purchase price or current value, monthly rent, taxes, insurance, HOA or common charges, requested loan amount, entity details, and target closing date.
Business-purpose, non-owner-occupied properties only. Long-term lease support and short-term-rental assumptions are reviewed separately.
Priority NY Markets
Local Underwriting Notes
New York DSCR files need careful property tax, insurance, and HOA or condo review where applicable.
Short-term rental income needs stronger support than long-term lease income.
Small multifamily and portfolio files should clearly separate each property's rent and expense story.
Faster Review
What to send with your scenario
The goal is to qualify serious investor files quickly and avoid wasting time on owner-occupied, undercapitalized, or unclear requests.
Current or projected monthly rent
Property taxes, insurance, HOA, and operating expense assumptions
Purchase price or current value
Entity and ownership details
NY DSCR Rental Loans Questions
Can New York rental investors qualify without personal income?
DSCR loans are designed to underwrite the property cash flow instead of W-2 income, subject to program guidelines, credit, leverage, and property performance.
What DSCR do lenders usually want?
A DSCR around 1.25x is typically stronger, but some files can work below that depending on leverage, reserves, credit, and program type.
Do you finance LLC-owned rental properties?
Yes. DSCR rental loans are commonly structured for LLC-held investment properties, usually with a personal guarantee from the managing members.