DSCR Loans in Onondaga 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, 84 lenders made 643 investment-property loans in Onondaga County, 2.9% of New York's total. Dominick Prevete arranges DSCR loans across Onondaga 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 $225,000.
Onondaga County investor market at a glance
| Statistic | Onondaga County | New York | County rank |
|---|---|---|---|
| Investor loans | 643 | 22,268 | 11th of 26 |
| Reporting lenders | 84 | 396 | 13th of 26 |
| Loan volume | $112.0M | $11.65B | 15th of 26 |
| Average loan | $174K | $523K | 20th of 26 |
| Median loan | $155K | $405K | 19th of 26 |
| Purchases | 66.7% | 59.1% | 4th of 26 |
| Cash-out refinances | 21.3% | 25.7% | 21st of 26 |
| 2–4 unit properties | 42.6% | 44.0% | 15th of 26 |
| Top five lenders' share | 26.3% | 22.4% | 22nd of 26 |
| Reported business-purpose | 74.2% | 85.6% | 23rd of 26 |
Onondaga County: closed-end loans on 1–4 unit investment properties. Onondaga County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Onondaga County's investor loans.
What stands out in Onondaga County
74.2% of Onondaga County's investor loans were reported as business-purpose, the 4th-lowest share of New York's 26 counties with published data (statewide: 85.6%).
Fewer investor loans here were reported as business-purpose than in most of New York. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
66.7% of Onondaga County's investor loans were purchases, the 4th-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.
The five most active lenders wrote 26.3% of Onondaga County's investor loans, the 5th-lowest share of New York's 26 counties with published data (statewide: 22.4%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Onondaga County?
At HUD's fair market rent of $1,808 for a 3-bedroom in Onondaga County, New York, a rental covers its full DSCR payment up to a purchase price of about $225,000, with 20% down at the 7.25% starting rate (November 2026). Onondaga County's median home value is $200,200; at that price the payment is $1,583 a month, so the property would need $1,600 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) | $1,493 / $1,808 / $1,962 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $200,200 |
| Median property taxes and effective rate | $4,880 (2.44% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,583 |
| Rent needed to cover that payment | $1,600 |
| Coverage of a 3-bedroom at fair market rent | 1.14 |
| Highest price a 3-bedroom at fair market rent covers | about $225,000 |
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 Onondaga County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Onondaga County?
The most active investment-property lenders in Onondaga County in 2025 HMDA data were AMERICU Credit Union; Loan Funder LLC; and CROSSCOUNTRY MORTGAGE, INC., out of 84 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 two that reported in Onondaga County, and matches each file to the one most likely to fund it.
Onondaga County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 643 loans and $112.0M from 84 lenders. AMERICU Credit Union led Onondaga County with 47 loans, 7.3% of the county's total, and the average Onondaga County loan of $174K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| AMERICU Credit Union | 47 | $9.5M | $202K | 61.7% |
| Loan Funder LLC | 33 | $8.3M | $251K | 42.4% |
| CROSSCOUNTRY MORTGAGE, INC. | 32 | $4.6M | $143K | 71.9% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 31 | $4.8M | $154K | 87.1% |
| Genesee Regional Bank | 26 | $5.3M | $203K | 88.5% |
| Kiavi Funding, Inc. | 26 | $4.0M | $156K | 80.8% |
| HOMESTEAD FUNDING CORP. | 22 | $3.2M | $145K | 81.8% |
| PREMIUM MORTGAGE CORPORATION | 20 | $3.7M | $184K | 65.0% |
| Rocket Mortgage, LLC | 19 | $3.0M | $157K | 42.1% |
| MOVEMENT MORTGAGE, LLC | 19 | $2.4M | $126K | 78.9% |
| NORTHERN CREDIT UNION | 18 | $3.5M | $193K | 27.8% |
| Seneca Savings | 18 | $3.4M | $189K | 33.3% |
| Empower Federal Credit Union | 16 | $2.8M | $176K | 68.8% |
| EVERETT FINANCIAL, INC. | 15 | $2.4M | $162K | 86.7% |
| Community Bank, National Association | 14 | $2.3M | $165K | 78.6% |
| Tompkins Community Bank | 13 | $2.5M | $196K | 92.3% |
| HUNT MORTGAGE CORPORATION | 12 | $1.7M | $143K | 100.0% |
| LENDINGONE, LLC | 12 | $1.7M | $141K | 41.7% |
| DEEPHAVEN MORTGAGE LLC | 11 | $2.4M | $216K | 36.4% |
| SEFCU SERVICES, LLC | 11 | $1.8M | $164K | 81.8% |
| NBT Bank, National Association | 10 | $1.8M | $179K | 80.0% |
| Pathfinder Bank | 10 | $1.2M | $116K | 20.0% |
| BPL MORTGAGE TRUST, LLC | 10 | $1.0M | $102K | 80.0% |
| AMERICAN HERITAGE LENDING, LLC | 9 | $1.6M | $175K | 88.9% |
| CHAMPIONS FUNDING, LLC | 9 | $1.5M | $169K | 66.7% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Onondaga County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Onondaga County CSV, all 25 lenders
What Onondaga County's table can't show you: fit. Short-term financing is exempt from HMDA, so Onondaga County's fix-and-flip and bridge lenders barely appear among its 84 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 some 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 Onondaga County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Onondaga 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 — Onondaga County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 84 lenders and 643 loans: 2025 HMDA loan-level data rolled up to Onondaga County.
- Onondaga County investor-lender dataset (CSV) — All 25 lenders in the Onondaga County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Onondaga 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 Syracuse, NY MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Onondaga 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.