DSCR Loans for New York Real Estate Investors
New York offers endless rental opportunities. But traditional financing can be slow and restrictive. That’s where DSCR loans come in.
They’re fast, flexible, and built for investors like you.
What Is a DSCR Loan?
DSCR stands for Debt Service Coverage Ratio. It’s a way to qualify for a mortgage using rental income, not personal income.
If the rent covers the mortgage payment, you’re good.
No W-2s. No tax returns. No income questions.
Why Use a DSCR Loan in New York?
Fast Closings in Hot Markets
Brooklyn, Buffalo, Queens, Rochester—you name it.Perfect for Airbnb or Long-Term Rentals
New York has strong demand and high rent potential.Great for Out-of-State or Foreign Investors
No need to be local or traditionally employed.Flexible Property Types
Use it for condos, townhomes, 1-4 unit buildings, and more.
DSCR Loan Requirements in New York
Minimum DSCR: 1.0 to 1.25
Credit Score: 620+ (higher scores get better rates)
Down Payment: 20%–25%
Loan Amounts: $100K to $2M+
Qualifies With: Rental income only
How to qualify for a DSCR loan in New York
If you're asking this, the answer is simple:
The property must cash flow.
You must meet credit and down payment standards.
An appraisal must confirm expected rental income.
That’s it. No income verification. No employment history.
Best DSCR Lenders in New York Know the Local Market
Choose lenders who understand NYC rent control laws, co-op rules, and investor-friendly towns upstate.
Whether you're buying in Manhattan, Yonkers, or the Catskills, the right lender will guide you through.
Is a DSCR Loan Right for You?
Yes, if you:
Want to avoid traditional income docs
Need fast funding to compete
Have rental income or projections that cash flow
Plan to build a rental portfolio in New York
