New Mexico (NM)

DSCR Loans in New Mexico

Property-cash-flow mortgages for New Mexico real estate investors. No tax returns, 80% LTV, close in 13 days.

Get a NM DSCR QuoteRun DSCR Calculator

Why DSCR Loans Work in New Mexico

Albuquerque's affordability and Santa Fe's tourism economy give investors both cash flow and short-term rental options.

Average Rent
$1,400/mo
Top Markets
Albuquerque for cash flow; Santa Fe for STR.
Close Time
13–21 days statewide

New Mexico DSCR Loan Program

  • Loan Amount
    $100,000 – $5,000,000+
  • Max LTV
    80% purchase · 80% cash-out refi
  • Minimum Credit
    620 FICO
  • Minimum DSCR
    1.0 (sub-1.0 with compensating factors)
  • Property Types
    1–8 unit residential, condos, small multi-family, STR
  • Borrower Entity
    Individual, LLC, LP, Trust
  • Income Documentation
    None required
  • Rate Range
    Mid-7% to low-9% (Nov 2025)

Cities We Fund in New Mexico

Albuquerque
Las Cruces
Santa Fe
Rio Rancho

Plus every other city, town, and county across New Mexico. Statewide coverage.

Related Resources

DSCR Loan Program Overview →
Full program details, rates, and how DSCR loans work.
DSCR Loan Requirements →
Credit, DSCR ratio, down payment, and documentation.
DSCR vs Conventional →
Compare DSCR to traditional investment mortgages.
DSCR Calculator →
See if your New Mexico property qualifies in 30 seconds.

DSCR Loans in Other States

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Frequently Asked Questions

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