Long-term rental financing for New York investment properties. Qualify on property cash flow, not personal income.
A DSCR (Debt Service Coverage Ratio) loan qualifies based on the property's rental income relative to its debt payments, not on the borrower's W-2s or tax returns. For investors building rental portfolios across New York, this means faster closings, simpler documentation, and financing that scales with your holdings. Learn more about how DSCR works.
Whether you own a two-family in Yonkers, a single-family rental in Rochester, or a portfolio of townhomes on Long Island, DSCR financing lets you leverage the asset's performance instead of your personal balance sheet. Note: we lend across New York State outside the five NYC boroughs. See all our New York lending programs.
New York offers one of the deepest rental markets in the country. Demand spills out from NYC into Long Island (Nassau and Suffolk), Westchester, and the Hudson Valley, where investors target suburban rental yields with proximity to metro employment centers. Homeownership costs in these commuter markets keep rental demand durable.
Upstate metros including Rochester, Buffalo, Syracuse, and Albany provide lower acquisition costs and favorable cap rates for investors focused on cash flow. These secondary markets often produce stronger DSCR ratios, making them well suited for income-based financing. From small multifamily in the Capital Region to single-family rentals in the Rochester and Buffalo basins, New York's geographic diversity creates opportunities at every price point. Ledger's DSCR program covers New York State outside the five NYC boroughs.