We specialize exclusively in providing co-op mortgage financing for investors.
Because New York operates under co-op–specific rules and building requirements, conventional financing can be challenging. That’s where our DSCR-based co-op mortgage solutions are the answer.
DSCR Co-Op Loans for New York Investors
We offer investor-friendly financing options based on the Debt Service Coverage Ratio (DSCR). This powerful loan program qualifies borrowers based on the property’s cash flow rather than personal income, tax returns, or employment documentation.
Here’s how our New York co-op DSCR program works:
- Minimum Loan Amount: $100,000
- Maximum LTV: 80% on Purchases
- Investment Properties Only (New York)
Due to New York regulations and program requirements, we offer DSCR co-op loans exclusively for investment properties located within the state.
This means the maximum allowable LTV in New York is 80%.
Co-op financing can be restrictive, especially when traditional lenders require full income verification and complex board approvals. Our DSCR approach removes much of this friction:
- No tax returns or employment documentation needed
- Qualification is based on rental income, not personal income
- Fast, simplified underwriting
- Ideal for investors with multiple properties or complex financial profiles
If you’re looking for co-op mortgage financing in New York and want the simplicity of DSCR qualification, we’re here to help.
Our team understands the co-op landscape, the boards, the subletting rules, and the nuances of lending in NYC.
Contact us for more information about DSCR loans for co-ops.
