New Hampshire DSCR Loans
EasyRent is our tailored and industry-leading DSCR Loan solution for New Hampshire real estate investors. Whether you are acquiring property to expand your portfolio or cashing out your capital in a refinance, we have a loan for you. Our DSCR Lending Program has solutions for anyone – from first-time investors to industry veterans looking to rapidly scale their portfolios. We are confident we can find you a great New Hampshire DSCR loan in a quick, efficient and easy process. Click the button below and get started today!
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What is a DSCR Loan?
A DSCR Loan is a mortgage loan for a residential income-producing property. It is primarily based on the “Debt Service Coverage Ratio” or the cash flow of the property, rather than the borrower’s income. A traditional mortgage loan will require income verification, tax returns and a “Debt-to-Income” (DTI) ratio. DSCR Loans require none of these! Perfect for real estate investors ready to scale (no more W2!) or are looking leave behind the hassle, paperwork and headaches of conventional financing, DSCR Loans are quickly becoming the go-to loan option for real estate investors.
For a comprehensive definition, “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.”
DSCR Loan Definition Breakdown
- Mortgage Loans = form of loan that is secured by collateral, collateral = real estate
- Residential Real Estate = properties used for people to live in vs. commercial, which is used to operate businesses (offices, retail, industrial, hotel, self-storage, etc.). In real estate finance, residential also typically refers to “1-4 unit” properties, anything more would be considered “multifamily”
- Business Purpose = DSCR loans strictly do not allow the owner of the property to live in the property, it must be used for “business” or investment purposes. Includes use of “cash-out proceeds”
- Underwritten = How lender evaluates (and then prices) the risk of the loan
- Primarily Based on Property = Mostly based on property, but also look at sponsor
- Turnkey = property doesn’t require any renovation, “turn the key and go”
Looking to get a deeper understanding of all things DSCR? Check out our DSCR Loans Guide below!
New Hampshire Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in the Granite State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like New Hampshire, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for New Hampshire real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in New Hampshire below:
Single-Family Residence
Sutton, NH
$647,250 New Hampshire DSCR Rental Loan for an Acquisition of a rental property in Sutton. This property offers a two-car detached garage with a finished second level, a basement game room, a wrap-around deck, and a hot tub. Its prime location provides easy access to New London’s town center, Mount Kearsarge State Forest for hiking, and Kezar Lake for outdoor activities like swimming, fishing, and kayaking.
Single-Family Residence
North Conway, NH
$357,700 New Hampshire DSCR Rental Loan for a Cash-Out Refinance of a rental property in North Conway. The residence is conveniently located near Cranmore Mountain Resort, which offers year-round activities, and Echo Lake State Park, ideal for hiking and swimming.
Quadruplex
Franklin, NH
$306,750 New Hampshire DSCR Rental Loan for a Cash-Out Refinance of a rental property in Franklin. Situated in a well-established suburban area, this fully-occupied residence is just a mile from downtown Franklin and offers convenient access to major routes, employment, community shopping, and Lakes Region attractions.
PUD
Lincoln, NH
$608,000 New Hampshire DSCR Rental Loan for an Acquisition of a rental property in Lincoln. Located within close proximity of Loon Mountain Resort, this short-term rental is in an ideal location for skiing, snowboarding, and other winter sport enthusiasts. In the warmer months, the area offers hiking, mountain biking, and scenic gondola rides.
Condo
Tilton, New Hampshire
$313,800 New Hampshire DSCR Rental Loan for an Acquisition for a rental property in Tilton. This property is located next to Lake Winnisquam and Gunstock Mountain Ski Area.
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