DSCR Loans in Broome County, New York
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 72 lenders made 290 investment-property loans in Broome County, 1.3% of New York's total. Dominick Prevete arranges DSCR loans across Broome 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 $190,000.
Broome County investor market at a glance
| Statistic | Broome County | New York | County rank |
|---|---|---|---|
| Investor loans | 290 | 22,268 | 18th of 26 |
| Reporting lenders | 72 | 396 | 15th of 26 |
| Loan volume | $43.4M | $11.65B | 21st of 26 |
| Average loan | $150K | $523K | 24th of 26 |
| Median loan | $135K | $405K | 21st of 26 |
| Purchases | 72.4% | 59.1% | 1st of 26 |
| Cash-out refinances | 15.9% | 25.7% | 24th of 26 |
| 2–4 unit properties | 60.0% | 44.0% | 9th of 26 |
| Top five lenders' share | 27.9% | 22.4% | 20th of 26 |
| Reported business-purpose | 83.1% | 85.6% | 16th of 26 |
Broome County: closed-end loans on 1–4 unit investment properties. Broome County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Broome County's investor loans.
What stands out in Broome County
72.4% of Broome County's investor loans were purchases, the highest share of New York's 26 counties with published data (statewide: 59.1%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
15.9% of Broome County's investor loans were cash-out refinances, the 3rd-lowest share of New York's 26 counties with published data (statewide: 25.7%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
The average investor loan in Broome County was $150K, the 3rd-lowest average of New York's 26 counties with published data (statewide: $523K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Broome County?
At HUD's fair market rent of $1,535 for a 3-bedroom in Broome County, New York, a rental covers its full DSCR payment up to a purchase price of about $190,000, with 20% down at the 7.25% starting rate (November 2026). Broome County's median home value is $154,900; at that price the payment is $1,235 a month, so the property would need $1,250 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,219 / $1,535 / $1,769 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $154,900 |
| Median property taxes and effective rate | $3,902 (2.52% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,235 |
| Rent needed to cover that payment | $1,250 |
| Coverage of a 3-bedroom at fair market rent | 1.24 |
| Highest price a 3-bedroom at fair market rent covers | about $190,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $305,000 |
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 Broome County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Broome County?
The most active investment-property lenders in Broome County in 2025 HMDA data were CHAMPIONS FUNDING, LLC; HOMESTEAD FUNDING CORP.; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 72 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 Broome County, and matches each file to the one most likely to fund it.
Broome County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 290 loans and $43.4M from 72 lenders. CHAMPIONS FUNDING, LLC led Broome County with 20 loans, 6.9% of the county's total, and the average Broome County loan of $150K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CHAMPIONS FUNDING, LLC | 20 | $4.1M | $205K | 75.0% |
| HOMESTEAD FUNDING CORP. | 17 | $2.0M | $119K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 16 | $2.3M | $144K | 93.8% |
| Community Bank, National Association | 15 | $2.3M | $152K | 86.7% |
| Kiavi Funding, Inc. | 13 | $1.9M | $150K | 53.8% |
| A&D Mortgage LLC | 13 | $1.6M | $122K | 100.0% |
| Hometown Equity Mortgage, LLC | 12 | $1.9M | $160K | 16.7% |
| Tioga State Bank, N. A. | 10 | $1.6M | $159K | 70.0% |
| Rocket Mortgage, LLC | 9 | $1.2M | $132K | 55.6% |
| Loan Funder LLC | 8 | $0.9M | $119K | 75.0% |
| GUIDANCE RESIDENTIAL, LLC | 7 | $1.2M | $166K | 85.7% |
| CARRINGTON MORTGAGE SERVICES, LLC | 6 | $1.0M | $160K | 100.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 6 | $0.9M | $153K | 83.3% |
| BPL MORTGAGE TRUST, LLC | 6 | $0.9M | $147K | 66.7% |
| PREMIUM MORTGAGE CORPORATION | 6 | $0.8M | $135K | 83.3% |
| FOUNDATION MORTGAGE CORPORATION | 6 | $0.7M | $120K | 100.0% |
| NBT Bank, National Association | 5 | $1.0M | $203K | 40.0% |
| Tompkins Community Bank | 5 | $0.7M | $143K | 60.0% |
| AMERICAN FINANCIAL NETWORK, INC. | 5 | $0.7M | $131K | 100.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 5 | $0.6M | $123K | 20.0% |
| AMERICAN HERITAGE LENDING, LLC | 5 | $0.5M | $109K | 20.0% |
| Visions Federal Credit Union | 4 | $0.9M | $225K | 25.0% |
| INTERSTATE HOME LOAN CENTER, INC. | 4 | $0.8M | $198K | 0.0% |
| NEWREZ LLC | 4 | $0.7M | $163K | 100.0% |
| JPMorgan Chase Bank, National Association | 4 | $0.5M | $128K | 75.0% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Broome County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Broome County CSV, all 25 lenders
What Broome County's table can't show you: fit. Short-term financing is exempt from HMDA, so Broome County's fix-and-flip and bridge lenders barely appear among its 72 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 Broome County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Broome 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 — Broome County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 72 lenders and 290 loans: 2025 HMDA loan-level data rolled up to Broome County.
- Broome County investor-lender dataset (CSV) — All 25 lenders in the Broome County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Broome 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 Binghamton, NY MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Broome 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.