DSCR Loans in Queens 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, 160 lenders made 2,448 investment-property loans in Queens County, 11.0% of New York's total. Dominick Prevete arranges DSCR loans across Queens 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 $565,000.
Queens County investor market at a glance
| Statistic | Queens County | New York | County rank |
|---|---|---|---|
| Investor loans | 2,448 | 22,268 | 2nd of 26 |
| Reporting lenders | 160 | 396 | 2nd of 26 |
| Loan volume | $1.65B | $11.65B | 2nd of 26 |
| Average loan | $674K | $523K | 3rd of 26 |
| Median loan | $635K | $405K | 4th of 26 |
| Purchases | 65.0% | 59.1% | 6th of 26 |
| Cash-out refinances | 24.1% | 25.7% | 16th of 26 |
| 2–4 unit properties | 60.9% | 44.0% | 7th of 26 |
| Top five lenders' share | 24.0% | 22.4% | 24th of 26 |
| Reported business-purpose | 83.9% | 85.6% | 15th of 26 |
Queens County: closed-end loans on 1–4 unit investment properties. Queens County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Queens County's investor loans.
What stands out in Queens County
The average investor loan in Queens County was $674K, the 3rd-highest average of New York's 26 counties with published data (statewide: $523K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
The five most active lenders wrote 24.0% of Queens County's investor loans, the 3rd-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.
65.0% of Queens County's investor loans were purchases, the 6th-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.
Does a DSCR loan pencil in Queens County?
At HUD's fair market rent of $3,760 for a 3-bedroom in Queens County, New York, a rental covers its full DSCR payment up to a purchase price of about $565,000, with 20% down at the 7.25% starting rate (November 2026). Queens County's median home value is $723,800; at that price the payment is $4,776 a month, so the property would need $4,800 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) | $2,971 / $3,760 / $4,121 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $723,800 |
| Median property taxes and effective rate | $6,297 (0.87% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $4,776 |
| Rent needed to cover that payment | $4,800 |
| Coverage of a 3-bedroom at fair market rent | 0.79 |
| Highest price a 3-bedroom at fair market rent covers | about $565,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $900,000 |
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 Queens County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Queens County?
The most active investment-property lenders in Queens County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Loan Funder LLC; and ARC HOME LLC, out of 160 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 Queens County, and matches each file to the one most likely to fund it.
Queens County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,448 loans and $1.65B from 160 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Queens County with 143 loans, 5.8% of the county's total, and the average Queens County loan of $674K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 143 | $93.6M | $655K | 61.5% |
| Loan Funder LLC | 130 | $96.1M | $739K | 78.5% |
| ARC HOME LLC | 113 | $80.1M | $709K | 69.0% |
| East West Bank | 104 | $48.8M | $469K | 77.9% |
| Hometown Equity Mortgage, LLC | 98 | $70.5M | $719K | 39.8% |
| A&D Mortgage LLC | 95 | $58.3M | $613K | 69.5% |
| Hanover Community Bank | 89 | $63.8M | $717K | 93.3% |
| First Central Savings Bank | 87 | $65.5M | $753K | 87.4% |
| Cathay Bank | 87 | $56.4M | $649K | 85.1% |
| CHAMPIONS FUNDING, LLC | 82 | $55.1M | $672K | 52.4% |
| Emporium TPO LLC | 75 | $58.9M | $785K | 28.0% |
| STG MORTGAGE INC | 73 | $54.5M | $747K | 78.1% |
| Logan Finance Corporation | 59 | $42.4M | $718K | 52.5% |
| CMG MORTGAGE, INC. | 55 | $36.1M | $656K | 80.0% |
| Metro City Bank | 54 | $25.9M | $480K | 98.1% |
| JPMorgan Chase Bank, National Association | 53 | $27.8M | $525K | 83.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 40 | $24.7M | $618K | 30.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 36 | $23.6M | $654K | 66.7% |
| FM Home Loans, LLC | 34 | $23.4M | $687K | 35.3% |
| NEWREZ LLC | 34 | $21.6M | $634K | 64.7% |
| General Mortgage Capital Corporation | 32 | $21.2M | $662K | 81.2% |
| Citadel Servicing Corporation | 30 | $21.2M | $707K | 46.7% |
| Rocket Mortgage, LLC | 29 | $12.6M | $436K | 24.1% |
| AMERICAN FINANCIAL NETWORK, INC. | 27 | $17.9M | $664K | 63.0% |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | 26 | $17.4M | $670K | 57.7% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Queens County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Queens County CSV, all 25 lenders
What Queens County's table can't show you: fit. Short-term financing is exempt from HMDA, so Queens County's fix-and-flip and bridge lenders barely appear among its 160 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 Queens County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Queens 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 — Queens County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 160 lenders and 2,448 loans: 2025 HMDA loan-level data rolled up to Queens County.
- Queens County investor-lender dataset (CSV) — All 25 lenders in the Queens County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Queens 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 New York, NY HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Queens 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.