DSCR Loans in Albany County, New York
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 92 lenders made 601 investment-property loans in Albany County, 2.7% of New York's total. Dominick Prevete arranges DSCR loans across Albany County, New York, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $275,000.
Albany County investor market at a glance
| Statistic | Albany County | New York | County rank |
|---|---|---|---|
| Investor loans | 601 | 22,268 | 12th of 26 |
| Reporting lenders | 92 | 396 | 12th of 26 |
| Loan volume | $160.6M | $11.65B | 13th of 26 |
| Average loan | $267K | $523K | 15th of 26 |
| Median loan | $215K | $405K | 15th of 26 |
| Purchases | 59.9% | 59.1% | 12th of 26 |
| Cash-out refinances | 27.6% | 25.7% | 7th of 26 |
| 2–4 unit properties | 73.2% | 44.0% | 3rd of 26 |
| Top five lenders' share | 29.3% | 22.4% | 19th of 26 |
| Reported business-purpose | 86.4% | 85.6% | 10th of 26 |
Albany County: closed-end loans on 1–4 unit investment properties. Albany County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Albany County's investor loans.
What stands out in Albany County
73.2% of Albany County's investor loans financed a 2–4 unit property, the 3rd-highest share of New York's 26 counties with published data (statewide: 44.0%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
Albany County's 601 investor loans ranked 12th of New York's 26 counties with published data.
Does a DSCR loan pencil in Albany County?
At HUD's fair market rent of $2,039 for a 3-bedroom in Albany County, New York, a rental covers its full DSCR payment up to a purchase price of about $275,000, with 20% down at the 7.25% starting rate (November 2026). Albany County's median home value is $294,600; at that price the payment is $2,164 a month, so the property would need $2,175 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,711 / $2,039 / $2,249 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $294,600 |
| Median property taxes and effective rate | $5,200 (1.77% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,164 |
| Rent needed to cover that payment | $2,175 |
| Coverage of a 3-bedroom at fair market rent | 0.94 |
| Highest price a 3-bedroom at fair market rent covers | about $275,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $465,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Albany County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Albany County?
The most active investment-property lenders in Albany County in 2025 HMDA data were Loan Funder LLC; Kiavi Funding, Inc.; and SUNMARK CREDIT UNION, out of 92 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including several that reported in Albany County, and matches each file to the one most likely to fund it.
Albany County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 601 loans and $160.6M from 92 lenders. Loan Funder LLC led Albany County with 42 loans, 7.0% of the county's total, and the average Albany County loan of $267K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Loan Funder LLC | 42 | $9.7M | $230K | 73.8% |
| Kiavi Funding, Inc. | 42 | $8.4M | $200K | 52.4% |
| SUNMARK CREDIT UNION | 33 | $30.7M | $929K | 15.2% |
| HOMESTEAD FUNDING CORP. | 30 | $6.6M | $219K | 86.7% |
| Hometown Equity Mortgage, LLC | 29 | $7.0M | $243K | 41.4% |
| Emporium TPO LLC | 26 | $7.3M | $280K | 38.5% |
| SEFCU SERVICES, LLC | 25 | $5.2M | $209K | 80.0% |
| Ballston Spa National Bank | 21 | $5.3M | $254K | 33.3% |
| CHAMPIONS FUNDING, LLC | 19 | $4.2M | $222K | 31.6% |
| Community Bank, National Association | 17 | $4.5M | $263K | 64.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 14 | $2.9M | $210K | 85.7% |
| PREMIUM MORTGAGE CORPORATION | 13 | $2.8M | $212K | 69.2% |
| TrustCo Bank | 12 | $2.8M | $230K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 12 | $2.1M | $176K | 33.3% |
| Citadel Servicing Corporation | 12 | $2.0M | $170K | 83.3% |
| The National Bank of Coxsackie | 11 | $2.9M | $263K | 63.6% |
| General Mortgage Capital Corporation | 11 | $2.6M | $240K | 81.8% |
| Broker Solutions, Inc. | 11 | $2.5M | $224K | 63.6% |
| NEWREZ LLC | 11 | $2.3M | $208K | 45.5% |
| Rocket Mortgage, LLC | 11 | $1.7M | $157K | 27.3% |
| LENDINGONE, LLC | 9 | $1.8M | $204K | 33.3% |
| NBT Bank, National Association | 8 | $1.4M | $171K | 87.5% |
| LIMA ONE CAPITAL, LLC | 8 | $1.3M | $160K | 12.5% |
| CROSSCOUNTRY MORTGAGE, INC. | 7 | $1.6M | $228K | 85.7% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 7 | $1.5M | $209K | 28.6% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Albany County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Albany County CSV, all 25 lenders
What Albany County's table can't show you: fit. Short-term financing is exempt from HMDA, so Albany County's fix-and-flip and bridge lenders barely appear among its 92 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including several on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Albany County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Albany County, New York property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Albany County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 92 lenders and 601 loans: 2025 HMDA loan-level data rolled up to Albany County.
- Albany County investor-lender dataset (CSV) — All 25 lenders in the Albany County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Albany County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Albany-Schenectady-Troy, NY MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Albany County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.