DSCR Loans in Queens, NY - Fast Approvals for Investors

What is a DSCR Loan?

A Debt Service Coverage Ratio (DSCR) loan is an investor-focused mortgage. Instead of looking at your job income or tax returns, lenders evaluate the property’s rental income compared to its debt payments.

• Formula: DSCR = Net Operating Income ÷ Debt Payments

• Example: If a rental property in Queens earns $5,000/month and loan payments are $4,000/month, the DSCR = 1.25.

This makes it an excellent option for investors who want to grow their portfolio quickly.

How DSCR Loans Work in Queens

Queens is one of the strongest rental markets in New York. With diverse neighborhoods and steady rental demand, DSCR loans are a smart financing choice.

• Approval is based on property cash flow, not your W2 income.

• Typical DSCR requirement: 1.0–1.25 (property must earn enough rent to cover loan payments).

• Perfect for short-term rentals, multifamily properties, or long-term rentals in Queens.

Who Qualifies for a DSCR Loan?

• Real estate investors (single properties or portfolios).

• Buyers without traditional W2 income.

• Out-of-state or international investors targeting Queens properties.

• LLCs or business entities investing in real estate.

Benefits of DSCR Loans in Queens, NY

• Quick approvals – close in as little as 2–3 weeks.

• Competitive rates tailored to investors.

• Scalable – build your rental portfolio without income limits.

• Flexible – ideal for both residential and mixed-use properties.

Potential Risks & Considerations

• DSCR loans often have slightly higher rates than conventional mortgages.

• You must maintain rental demand to keep DSCR strong.

• Minimum property cash flow requirements must be met.

Why Choose 5 Borough Success for DSCR Loans

At 5 Borough Success, we specialize in investor-focused financing across New York, with a strong presence in Queens.

• Local market knowledge to guide you through the process.

• Trusted lender relationships = faster approvals.

• Customized terms for first-time investors and seasoned pros.

• A reputation for speed, transparency, and results.

Frequently Asked Questions (FAQ)

What DSCR ratio is required for Queens properties?

Most lenders require a DSCR between 1.0 and 1.25, meaning rental income must cover loan payments by at least 100–125%.

How fast can I close on a DSCR loan in Queens?

5 Borough Success can help you close in as little as 3–5 days, depending on appraisal and documentation.

Can I qualify for a DSCR loan if I don’t live in New York?

Yes — DSCR loans are popular with out-of-state and international investors looking to own Queens real estate.

Get Started with 5 Borough Success

Looking to grow your Queens investment portfolio? A DSCR loan may be the perfect fit.

Contact us today at (718)738-5333 to speak with our team and secure fast financing with competitive rates.