New York DSCR Loans: Up to 80% LTV, No Tax Returns | Capital Kings LLC
Capital Kings LLC · Broker, not a lender

DSCR Rental Loans
in New York

Qualify on the rent, not your tax returns. 30 year fixed DSCR loans on New York single family, 2 to 4 unit and short-term rentals, for purchases, rate and term refinances and cash-out. Active in New York City, Buffalo, Rochester and statewide.

By Micah FosterProgram terms verified September 2026
Get a term sheet →Call (281) 636-5682

DSCR Loans in New York at a glance

Current program terms, not teaser rates. Your exact terms depend on the property, your credit and your experience. The term sheet shows the real numbers before you commit.
7.125%
Rates from (760+, 70% LTV)
80% LTV
Purchase at 700+ credit
75% LTV
Cash-out at 700+ credit
1.00 DSCR
Minimum ratio
660+
Minimum credit
30 yr
Fixed rate
Programs and pricing

New York DSCR rental terms as of September 2026

Same numbers the term sheet prints after you apply. Capital Kings LLC shops your New York scenario across 400+ lenders and places it with the one that fits. Read the full DSCR rental guide for how the program works deal by deal.

Rates are 30-year fixed, priced off loan-to-value: 7.125% up to 70% LTV, 7.250% up to 75% LTV, 7.375% up to 80% LTV for a 760+ borrower, plus 0.25% for cash-out and 0.25% for 2 to 4 units. Origination 2%. Minimum 1.00 DSCR, minimum 660 credit, minimum $100,000 loan, 3 months of reserves on a purchase and 6 on a cash-out. No W-2s, no tax returns, no debt-to-income ratio.

CreditPurchase max LTVPurchase rate at max LTVCash-out max LTVCash-out rate at max LTV
760+80%7.375%75%7.500%
740 to 75980%7.500%75%7.625%
720 to 73980%7.625%75%7.750%
700 to 71980%8.125%75%8.250%
680 to 69975%Priced per file70%Priced per file
660 to 67965%Priced per file60%Priced per file

Cash-out refinance on a New York City rental, 740 credit

$300,000 appraised value · single family · rent covers the payment at 1.00 DSCR or better
Maximum loan (75% LTV)
$225,000
Rate (30-year fixed)
7.625%
Origination (2%)
$4,500
Principal and interest per month
$1,593
Reserves required
6 months
Who it is for

New York investors we fund with DSCR rental loans

Buy and hold investors
Purchase a New York rental and qualify on the lease or market rent, with no debt-to-income ratio.
BRRRR and cash-out
Pull equity out of a stabilized rental at up to 75% of appraised value and keep the property.
Self-employed and W-2 free
No tax returns, no pay stubs, no employment verification. The property carries the file.
Short-term rentals
Airbnb and VRBO income can qualify where the lender accepts projected STR rent.

What we need from you

  • Lease or market rent estimate
  • Property taxes and insurance quote
  • Two months of bank statements for reserves
  • Government ID
  • LLC documents if vesting in an entity
  • Current mortgage statement on a refinance
How it works

From application to funding in New York

  1. 1
    Send the property
    Address, value or price, rent, taxes, insurance, your credit range and whether it is a purchase or refinance.
  2. 2
    See the ratio
    Rent divided by the full payment (principal, interest, taxes, insurance, HOA). 1.00 or better qualifies.
  3. 3
    Lock the terms
    Rate is set by LTV, credit, purpose and units. Origination and reserves are on the term sheet.
  4. 4
    Close in 21 to 30 days
    Appraisal with a rent schedule, title and entity docs, then funding. New York DSCR loans close without a W-2 ever being requested.
Where we lend

New York, city by city

The New York markets we fund most. Not on the map? We broker every county in the state, so send the deal and we place it.

Common Questions

New York Lending FAQ

What is a DSCR loan in New York?
A debt service coverage ratio loan qualifies a New York rental on its own income. Monthly rent divided by the full monthly payment (principal, interest, taxes, insurance and any HOA) must be 1.00 or higher. No tax returns, no W-2s, no debt-to-income ratio.
How much can I borrow on a New York DSCR loan?
Up to 80% of value on a purchase or rate and term refinance at 700+ credit (75% at 680, 65% at 660), and up to 75% on a cash-out at 700+ (70% at 680, 60% at 660). Minimum loan $100,000.
What are DSCR loan rates in New York right now?
As of September 2026, 30 year fixed rates for a 760+ borrower are 7.125% up to 70% LTV, 7.250% up to 75% LTV, 7.375% up to 80% LTV. Add 0.25% for cash-out and 0.25% for 2 to 4 units. Origination is 2%.
Can I do a DSCR cash-out refinance in New York?
Yes. Cash-out DSCR loans in New York go up to 75% of appraised value at 700+ credit, 70% at 680 and 60% at 660. Rates start at 7.500% on a 30-year fixed for a 760+ borrower, minimum 1.00 DSCR, 6 months of reserves, no tax returns.
What reserves does a New York DSCR loan require?
3 months of the full payment in the bank on a purchase and 6 months on a refinance or cash-out. Cash-out proceeds can count toward reserves with most lenders.
Can I close a New York DSCR loan in an LLC?
Yes. Most DSCR lenders in our network prefer entity vesting. You sign a personal guarantee, the property is titled to the LLC, and the loan does not report on your personal credit with most lenders.
More in New York

Other New York loan programs

Fix and Flip Loans in New York →New Construction Loans in New York →All New York programs →
Learn More

New York Investor Resources

How the loans are structured, what lenders check, and how to compare offers on a New York deal.

Purchase
Purchase-only vs fix & flip: which loan do you need
Read article →
Construction
Ground-up vs heavy rehab: which makes more sense
Read article →
Rates
Hard money loan rates and fees in Texas: what investors are currently paying
Read article →
Qualify
Hard money loan requirements: what you need to qualify
Read article →
Adjacent Markets

Also lending in

Connecticut →Massachusetts →Pennsylvania →All 37 states →
Micah Foster
Founder & Broker
Micah Foster
Micah specializes in Non-QM and hard money lending for real estate investors across 37 states. Based in Texas, he founded Capital Kings to give investors a true broker who shops the market on their behalf instead of pitching one lender's product.
Connect With Micah →

Ready to fund your New York deal?

Submit your scenario in under 3 minutes. We shop our 400+ lender network and send back a term sheet on your actual deal.

Start Application →Get a Pre-Approval LetterCalculator
Capital Kings LLC is a non-QM mortgage brokerage. We are not a direct lender. We shop your scenario across a network of state-licensed direct lenders to find the best fit. Loans in New York are originated by partner lenders licensed to lend in New York. All loans subject to underwriting approval. Rates, terms, and program availability vary by lender and may change without notice. Hard money and DSCR loans are secured by real estate. Not for primary residences.