What are DSCR loan rates in New York?

As of November 2025, DSCR loan rates in New York start in the mid-7% range for borrowers with 700+ credit and 25% down. Rates vary by LTV, DSCR ratio, and property type.

What's the minimum DSCR ratio to qualify in New York?

Most New York DSCR programs require a 1.0 ratio (rent ≥ PITI). FundNow offers programs down to 0.75 DSCR with compensating factors.

Can I get a DSCR loan in New York as an out-of-state investor?

Yes. We routinely fund out-of-state and foreign-national investors buying rental properties in New York. No state-of-residence requirement.

Does FundNow lend on short-term rentals in New York?

Yes. We offer dedicated DSCR programs for Airbnb and VRBO properties in New York, including projected STR income from AirDNA or similar data sources.

How fast can I close a DSCR loan in New York?

Typical close time in New York is 13–21 days from application, depending on appraisal and title turnaround.

New York (NY)

DSCR Loans in New York

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

Get a NY DSCR Quote Run DSCR Calculator

Why DSCR Loans Work in New York

Upstate markets like Buffalo, Rochester and Syracuse deliver exceptional yields, while NYC-area projects benefit from fast bridge capital.

Average Rent

$2,300/mo

Top Markets

Buffalo, Rochester & Syracuse for yield; NYC metro for bridge.

Close Time

13–21 days statewide

New York 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 York

New York City

Buffalo

Rochester

Syracuse

Albany

Plus every other city, town, and county across New York. 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 York property qualifies in 30 seconds.

DSCR Loans in Other States

Frequently Asked Questions

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