DSCR Loans in Richmond 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, 101 lenders made 594 investment-property loans in Richmond County, 2.7% of New York's total. Dominick Prevete arranges DSCR loans across Richmond 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.
Richmond County investor market at a glance
| Statistic | Richmond County | New York | County rank |
|---|---|---|---|
| Investor loans | 594 | 22,268 | 13th of 26 |
| Reporting lenders | 101 | 396 | 9th of 26 |
| Loan volume | $318.5M | $11.65B | 10th of 26 |
| Average loan | $536K | $523K | 9th of 26 |
| Median loan | $515K | $405K | 8th of 26 |
| Purchases | 71.2% | 59.1% | 2nd of 26 |
| Cash-out refinances | 19.9% | 25.7% | 23rd of 26 |
| 2–4 unit properties | 60.9% | 44.0% | 7th of 26 |
| Top five lenders' share | 22.6% | 22.4% | 25th of 26 |
| Reported business-purpose | 82.8% | 85.6% | 18th of 26 |
Richmond County: closed-end loans on 1–4 unit investment properties. Richmond County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Richmond County's investor loans.
What stands out in Richmond County
71.2% of Richmond County's investor loans were purchases, the 2nd-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 22.6% of Richmond County's investor loans, the 2nd-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.
19.9% of Richmond County's investor loans were cash-out refinances, the 4th-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.
Does a DSCR loan pencil in Richmond County?
At HUD's fair market rent of $3,760 for a 3-bedroom in Richmond 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). Richmond County's median home value is $675,500; at that price the payment is $4,489 a month, so the property would need $4,500 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) | $675,500 |
| Median property taxes and effective rate | $6,247 (0.92% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $4,489 |
| Rent needed to cover that payment | $4,500 |
| Coverage of a 3-bedroom at fair market rent | 0.84 |
| 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 $890,000 |
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 Richmond County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Richmond County?
The most active investment-property lenders in Richmond County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Hanover Community Bank; and NEWREZ LLC, out of 101 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 Richmond County, and matches each file to the one most likely to fund it.
Richmond County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 594 loans and $318.5M from 101 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Richmond County with 35 loans, 5.9% of the county's total, and the average Richmond County loan of $536K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 35 | $17.9M | $512K | 74.3% |
| Hanover Community Bank | 32 | $17.8M | $556K | 87.5% |
| NEWREZ LLC | 24 | $13.5M | $561K | 95.8% |
| CHAMPIONS FUNDING, LLC | 22 | $12.7M | $577K | 54.5% |
| Emporium TPO LLC | 21 | $11.3M | $537K | 71.4% |
| First Central Savings Bank | 21 | $10.8M | $514K | 100.0% |
| Cathay Bank | 21 | $10.2M | $487K | 90.5% |
| WALL STREET MORTGAGE BANKERS, LTD. | 19 | $11.3M | $596K | 68.4% |
| A&D Mortgage LLC | 18 | $8.1M | $449K | 88.9% |
| THE LOAN STORE, INC. | 17 | $9.4M | $554K | 64.7% |
| ARC HOME LLC | 17 | $8.6M | $504K | 58.8% |
| Logan Finance Corporation | 14 | $8.4M | $602K | 35.7% |
| CROSSCOUNTRY MORTGAGE, INC. | 13 | $8.5M | $653K | 84.6% |
| Broker Solutions, Inc. | 13 | $6.2M | $473K | 61.5% |
| Metro City Bank | 12 | $6.8M | $568K | 100.0% |
| JPMorgan Chase Bank, National Association | 12 | $5.7M | $472K | 83.3% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 12 | $5.0M | $417K | 8.3% |
| CMG MORTGAGE, INC. | 11 | $7.1M | $643K | 72.7% |
| Citadel Servicing Corporation | 11 | $6.5M | $588K | 72.7% |
| Loan Funder LLC | 11 | $5.8M | $527K | 72.7% |
| PLAZA HOME MORTGAGE, INC. | 11 | $4.6M | $421K | 54.5% |
| Hometown Equity Mortgage, LLC | 10 | $6.0M | $605K | 50.0% |
| STG MORTGAGE INC | 10 | $4.9M | $492K | 60.0% |
| FM Home Loans, LLC | 9 | $5.2M | $579K | 22.2% |
| CARRINGTON MORTGAGE SERVICES, LLC | 9 | $4.7M | $517K | 77.8% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Richmond County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Richmond County CSV, all 25 lenders
What Richmond County's table can't show you: fit. Short-term financing is exempt from HMDA, so Richmond County's fix-and-flip and bridge lenders barely appear among its 101 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 Richmond County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Richmond 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 — Richmond County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 101 lenders and 594 loans: 2025 HMDA loan-level data rolled up to Richmond County.
- Richmond County investor-lender dataset (CSV) — All 25 lenders in the Richmond County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Richmond 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 — Richmond 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.