Direct DSCR Lender · New York
DSCR loans in New York. Built for speed.
Direct DSCR lender serving New York real estate investors. Qualify on rental income — no tax returns or W-2s. Same-day scenario response, 95% approval rate.
- Statewide New York coverage
- No tax returns or W-2s
- 15% down minimum
- Credit scores from 620
- LLC, trust, or personal name
- STR (Airbnb) & foreign national OK
What's your goal?
Pick what you'd like to do today.
Trusted Lender
Connect with the right team to keep your transaction smooth from app to close.
Creative Solutions
Self-employed, foreign national, ITIN, mixed-use — we have a program for you.
Secure & Private
Your data is encrypted and never sold.
Fast to Close
Average 14–30 days from clean app to clear-to-close. Same-day scenario response.
Why New York investors choose Quicker Home Loans.
New York is one of the most complex DSCR states in the country — NYC and upstate function as completely different markets. NYC has rent stabilization for covered units, the strictest post-2023 STR framework in the country (NYC Local Law 18), judicial foreclosure running 600 to 1,000-plus days, and broadly strengthened tenant protections under HSTPA (2019). Upstate — Buffalo, Rochester, Syracuse, Albany — is a different underwriting environment entirely.
NYC DSCR activity post-2023 shifted dramatically toward long-term rental — Local Law 18 essentially eliminated the non-primary STR market. Rent-stabilized units in pre-1974 NYC buildings operate under statutory rent increases that materially affect underwriting. Upstate NY — especially Buffalo, Rochester, and Syracuse — has some of the best DSCR cash-flow math in the Northeast. Long Island and Westchester are suburban DSCR markets with NYC commuter dynamics.
When a New York deal doesn't fit our standard guidelines, we run it through the Approval Engine — a wider underwriting framework that finds an angle. That's how we close 95% of the deals we touch.
New York DSCR context
DSCR in New York — what matters.
A few New York-specific factors shape how DSCR deals get structured here:
- Foreclosure process
- New York uses a judicial foreclosure process, with typical uncontested timelines running 600–1000 days.
- Property tax
- Statewide owner-occupied benchmark is roughly 1.30%. Investment property underwriting should use actual county tax bills and investor assessment rules — not homeowner-facing averages.
- Landlord climate
- New York's landlord-tenant framework is strongly tenant-protective.
- Short-term rentals
- NYC Local Law 18 (2023) effectively banned most non-primary STRs under 30 days; upstate varies.
Right program, right state
Which QHL programs fit New York.
Every NYC DSCR file should confirm rent-stabilization status at submission — it changes rent-growth underwriting significantly. Upstate NY SFR at 80% LTV is routine standard DSCR. Buffalo and Rochester BRRRR operators use our no-seasoning cash-out to recycle capital. NYC high-price acquisitions often land in the no-ratio lane.
Prepayment penalty
Prepayment penalty in New York.
Up to a 5-year prepayment penalty period is permitted under QHL programs in this state.
PPP terms are confirmed at underwriting and may vary with loan amount, vesting, and property type.
All programs available
Loan programs in New York.
DSCR Loans
Qualify on rental income — no tax returns or W-2s.
Learn more →DSCR HELOC / 2nd Mortgage
Tap equity from your investment property — without touching your first.
Learn more →Fix-and-Flip Loans
Buy. Rehab. Sell. Repeat.
Learn more →Bank Statement Loans
12 or 24 months of bank statements instead of W-2s.
Learn more →ITIN Loans
Buy or refinance investment property with an ITIN — no SSN required.
Learn more →Commercial Real Estate
Multi-family, mixed-use, retail, office, industrial.
Learn more →Blanket & Portfolio Loans
Finance 2 to 100+ properties under one loan.
Learn more →Transactional Funding
Same-day funding for double closings.
Learn more →P&L Statement Loans
Qualify with a CPA-prepared profit & loss statement.
Learn more →Cities served
We serve investors in every New York city.
Don't see your city? We lend everywhere in New York. Call 551-375-6403.
Questions
DSCR loans in New York — FAQ
Yes. Quicker Home Loans is a direct DSCR lender serving New York real estate investors. We finance single-family rentals, 2–4 unit, multifamily, mixed-use, and short-term rentals statewide.
Ready to lower your rate?
Ready to fund your next New York investment?
Send us your scenario or upload a competing term sheet — we'll either beat it or tell you straight up that you've got a great deal.
Disclosure
The content on this page is provided for informational purposes only and does not constitute legal, tax, accounting, or financial advice. While Quicker Home Loans endeavors to keep state-specific information accurate as of the last review date, statutes, regulations, tax rates, and local ordinances are subject to change. You should independently verify any statement on this page with qualified legal counsel, a licensed tax professional, or the appropriate state or local authority before relying on it in connection with a real estate investment or loan decision. Last reviewed: April 18, 2026.