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New York continues to be a lucrative investment market thanks to the rising prices and demand. Additionally, local real estate’s emphasis on sustainability and eco-friendly development further adds to its appeal. All of these factors make New York one of the attractive states for those looking to grow their investment portfolio.
That said, finding fast and reliable funding for your investment venture is entirely a different story. Since the NY market is volatile, it’s important to find quick funding with short waiting times. That’s where PRM Capital comes in.
As a financing solutions provider, PRM Capital understands the importance of a long-term investment. Hence, we offer Debt Service Coverage Ratio (DSCR) loans for both experienced and new investors.
DSCR loans are attractive funding options compared to their traditional counterparts. What makes DSCR loans stand out is their easier qualification and fewer restrictions. Here are the unique features of DSCR loans:
PRM Capital has years of experience and expertise operating as a reliable funding partner. We offer:
Our DSCR loan requirements are pretty simple offering investor-friendly terms. Our eligibility criteria are transparent, allowing you to receive funding on time without having to go through heaps of documentation and longer waiting times.
Choose an investment property with a DSCR ratio of 1 or higher so that it can cover debt obligation. With our DSCR loan, you can refinance, grow, or purchase investment properties in New York without the restrictions of traditional loans.
If you’re looking to grow your investment portfolio and make the most of increasing real estate prices in New York, partner with PRM Capital now. Our experts will walk you through the application process from consultation to closing. Contact us to learn more about our DSCR loans in New York and discover our DSCR mortgage rates.
Fill out this form to avail our services and our team will contact you shortly with all the required information.
PRM Capital meticulously analyzes each client’s business and investment objectives to craft tailored financial solutions. Our approach prioritizes efficiency and alignment with client goals.
