How does DSCR affect loan affordability? in New York

DSCR directly impacts loan affordability. A higher DSCR means the borrower can afford a larger loan amount while still maintaining a healthy financial cushion. Lenders use DSCR to determine the maximum loan amount they're willing to offer.

DSCR Loans in New York

Population

20,201,249

Avg Days on Market

45 days

Market Highlight

High-value properties in NYC and vacation homes upstate

Annual Appreciation

3.8%

Avg Property Tax

$5,700/yr