Longleaf Lending New York New York DSCR Loans

DSCR Loans in New York New York:
Modern Financing for Investors

Veteran-owned lender, offering investors DSCR Loans in New York New York for no-income-verification, hassle-free long-term financing.

Modern, long-term financing solutions

Why Choose Longleaf Lending for Your New York New York DSCR Loan Needs

Crafted with savvy New York New York investors in mind, our Long-Term DSCR Loans enable wealth building through a diverse portfolio of rental properties. By prioritizing your investment property's rental income and cash flow metrics, we simplify the loan process. As a top DSCR lender, enjoy competitive interest rates starting at 6.5%.

No Income Verification
Our no-income-verification process eliminates traditional barriers, focusing on your investment's cash flow to qualify you for a loan. This DSCR-centered approach ensures a hassle-free experience, catering specifically to real estate investors' unique needs.
Tailored to Investment Goals
Whether you're investing in short-term vacation rentals or long-term leases, our DSCR loans are crafted to align with your strategic investment plans. This versatility ensures that whatever your goals, our financing solutions fit perfectly.
Efficiency and Speed
At Longleaf Lending, we value your time. Our New York New York DSCR loan application and approval processes are optimized for efficiency, ensuring quick, smooth progress from your initial application to the final funding.
Adaptive Financing Solutions
Our financing options are as diverse as the properties you invest in. We're committed to offering flexible DSCR solutions that accommodate a wide range of property types and investor profiles.

Fast and simple

How Longleaf Lending's DSCR Loans Work

DSCR (Debt Service Coverage Ratio) loans are a type of financing used by real estate investors that focus on the income generated by the property rather than the personal income of the borrower. Here’s a simplified explanation:

The DSCR is calculated by dividing the property's Net Operating Income (NOI) by its total annual debt payments. NOI reflects the positive cash flow from the property after operating expenses (mortgage payment, taxes, and insurance) are subtracted.
Criteria for approval.
For New York New York, we typically require a DSCR greater than 1.0, indicating the investment property generates sufficient cash flow to cover its debt obligations. A common threshold is a DSCR of 1.0 to 1.2 or higher, but it is possible to go lower.
No personal income verification.
The approval process emphasizes the property’s cash flow potential, not the borrower's personal financial situation, allowing for more accessible financing for investors.
Craftsman house

DSCR Loan Terms

Get the financing you need to build wealth with real estate in New York New York using our DSCR long-term 30-year investor loans.

Terms current as of April 25, 2024

Long Term Rental Loan
Loan Value:
Up to 80% (as is)
Interest Rate:
Starting at 6.5%
30 years
Closing Time:
As fast as 2 weeks
600 minimum

DSCR Loan Requirements Simplified

Understand DSCR Loan New York New York Requirements

Securing a DSCR Loan in New York New York involves a focused evaluation of your experience, liquidity, credit score, and investment property's income potential. Here's a summary of the current requirements you should know before applying for a DSCR Loan in New York New York:

DSCR Calculation:
Minimum of 0.65x
Credit Score:
600 minimum
Loan Amount:
$75,000 to $3 million
Investor Experience:
none required
US Citizenship:
not required
Some of the key required documents include personal ID, bank statements, entity documentation if using a company (operating agreement, EIN letter, articles of incorporation), lease agreement (if currently leased), appraisal (requrested by us), and the purchase HUD (if purchased in the last 12 months).
Short or long-term rentals, vacant or occupied
Property Type:
SFR, 2-4 units, multifamily 5+ units, mixed use, or commercial
DSCR Loan New York New York requirements

Designed for New York New York investors

Build wealth through real estate with our DSCR Loans in New York New York

New York New York's Real Estate Potential: Ideal for 30-Year Rental and Long-Term DSCR Loans

New York New York long term rental property loans

In the heart of the financial world, New York City stands as a beacon for ambitious real estate investors. This bustling metropolis, known for its iconic skyline and dynamic culture, offers a diverse array of real estate ventures. From the high-end luxury markets of Manhattan to the burgeoning neighborhoods of Brooklyn and Queens, New York's real estate landscape is ripe with potential.

DSCR loans in New York are tailored to meet the demands of this unique market, providing a flexible and efficient financing solution. These loans cater to investors looking to capitalize on the city's rental markets without the constraints of traditional lending criteria.

Why New York DSCR Loans are the Key to Unlocking Investment Success

  • Market Diversity: New York's multifaceted real estate market ensures there's always demand across various sectors, from commercial spaces to residential rentals.
  • High Demand for Rentals: The constant influx of people and the city's position as a global hub drive a robust rental market, perfect for DSCR-financed investments.
  • Efficiency of DSCR Loans in New York: The streamlined process and focus on property income over personal financials make DSCR loans ideal for quick acquisitions and portfolio expansion in the fast-paced New York market.

Maximizing Your Investment with New York DSCR Loans

Investing in New York City's real estate market offers unparalleled opportunities for growth and profitability. Whether you're expanding your portfolio or making your first investment, New York DSCR loans provide the leverage and flexibility needed to thrive.

  • Portfolio Diversification: With DSCR loans in New York, investors can explore a wide array of properties across the city's many vibrant neighborhoods.
  • Rapid Market Entry: The efficient approval process associated with New York DSCR loans allows investors to quickly seize opportunities, a crucial advantage in New York's competitive market.

Seize the Vibrant Opportunities with DSCR Loans in New York

The real estate landscape of New York City is as dynamic and diverse as the city itself. DSCR loans in New York offer a strategic advantage to investors ready to dive into this lucrative market. By prioritizing the income-producing potential of properties, these loans unlock new possibilities for investment and growth.

Whether you're drawn to the luxury apartment buildings of Manhattan, the historic row houses of Brooklyn, or the burgeoning areas of Queens and The Bronx, DSCR loans in New York provide a solid foundation for your real estate ambitions.

New York New York DSCR Loan frequently asked questions

How is DSCR Calculated in New York New York?

How is DSCR calculated in New York New York?

In New York New York, the Debt Service Coverage Ration (DSCR) is calculated by dividing a property's rental income by it's expenses. In some cases another method could be used which involves dividing Net Operating Income (NOI) by the Debt Service.

Income: For simplicty purposes, you can think about the top line as the annual rental income for your investment property. In some cases a 90% factor might be applied.

Expenses: There are four main components of the expenses.

  • Principal and Interest
  • Taxes
  • Insurance
  • HOA fees

Here's an example so you can see exactly how DSCR is calculated. To keep things easy, we are assuming there is no principal payment, which you might expect with an interest only period. To learn more about how DSCR loans work, check out our detailed article.

How is DSCR calculated in New York New York?

About the Longleaf Lending Team

Longleaf Lending is a veteran-owned, direct lending firm with a deep focus on the real estate market. Established in Texas, we bring over two decades of combined experience in real estate, hard money lending, and investment banking.

Funding Experience

Since 2018, we have funded over 600 hard money loans, totaling more than $125 million in loan value.

Expert Leadership

Our leadership includes co-founders Pete Underwood and Matt Weidert, who bring extensive experience from real estate investment, investment banking, and military service.

Commitment to Innovation

We are committed to providing innovative real estate solutions, with a strong focus on integrity and professionalism as a member of the American Association of Private Lenders.

For more about our journey and the dedicated team behind Longleaf Lending, visit our full About Us page.

Explore other New York DSCR markets

Submit your New York New York loan request today

Start your DSCR Loan funding today

Ready to propel your New York New York rental project forward? Our simple loan request process is designed to get you the funding you need quickly and efficiently.

How the DSCR funding process works with Longleaf Lending

Submit our Online Form

Begin by filling out our short form. It's straightforward and only takes a minute. Provide us with some basic information about you and your project.

Get a Term Sheet in less than 24 Hours

After submitting your form, you'll receive a detailed term sheet from us within 24 hours. This term sheet will outline the terms of your loan and give you the confidence to proceed with your project.

Get Funded

Experience fast and straightforward funding. At Longleaf Lending, you'll work directly with our team throughout the entire process, from application to funding.

Applying does not affect your credit score

Apply for a New York New York DSCR Loan in 60 Seconds

Begin the funding process by completing our short online form.