DSCR Loan New York City, NY — What Is a DSCR Loan?
A DSCR loan is an investment property mortgage that qualifies you on the property's rental income — not your personal income. Investors in Upper East Side, Upper West Side, Tribeca and beyond use DSCR loans to scale without W-2s or tax returns.
What Is a DSCR Loan?
A DSCR loan (debt service coverage ratio loan) is an investment property mortgage that qualifies you based on the property's rental income instead of your personal income. If the rent covers the mortgage payment, you qualify — no W-2s, no tax returns, no employment verification required.
Whether you're buying in Upper East Side, Upper West Side, Tribeca, or other New York Citysubmarkets, the property's rent-to-payment ratio determines your eligibility.
DSCR loans are the most popular non-QM option for rental investors in New York City because they let you scale your portfolio without traditional income documentation.
Investment Neighborhoods in New York City
DSCR Loan Requirements
Min DSCR Ratio
1.0 (1.25+ for best rates)
Down Payment
20-25% typical
Credit Score
660+ minimum
Income Docs
None — qualify on cash flow