DSCR Loans in Westchester 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, 125 lenders made 767 investment-property loans in Westchester County, 3.4% of New York's total. Dominick Prevete arranges DSCR loans across Westchester 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 at most about $525,000.
Westchester County investor market at a glance
| Statistic | Westchester County | New York | County rank |
|---|---|---|---|
| Investor loans | 767 | 22,268 | 10th of 26 |
| Reporting lenders | 125 | 396 | 5th of 26 |
| Loan volume | $445.1M | $11.65B | 9th of 26 |
| Average loan | $580K | $523K | 8th of 26 |
| Median loan | $535K | $405K | 7th of 26 |
| Purchases | 57.4% | 59.1% | 20th of 26 |
| Cash-out refinances | 29.6% | 25.7% | 4th of 26 |
| 2–4 unit properties | 49.4% | 44.0% | 13th of 26 |
| Top five lenders' share | 34.6% | 22.4% | 13th of 26 |
| Reported business-purpose | 86.6% | 85.6% | 9th of 26 |
Westchester County: closed-end loans on 1–4 unit investment properties. Westchester County's rank is highest first, among New York's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Westchester County's investor loans.
What stands out in Westchester County
29.6% of Westchester County's investor loans were cash-out refinances, the 4th-highest share of New York's 26 counties with published data (statewide: 25.7%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
Westchester County's 767 investor loans ranked 10th of New York's 26 counties with published data.
Does a DSCR loan pencil in Westchester County?
At HUD's fair market rent of $3,760 for a 3-bedroom in Westchester County, New York, a rental covers its full DSCR payment up to a purchase price of at most about $525,000, with 20% down at the 7.25% starting rate (November 2026). Westchester County's median home value is $663,200; at that price the payment is at least $4,729 a month, so the property would need at least $4,750 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) | $663,200 |
| Median property taxes and effective rate | $10,000+ (at least 1.51% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | at least $4,729 |
| Rent needed to cover that payment | at least $4,750 |
| Coverage of a 3-bedroom at fair market rent | 0.80 or less |
| Highest price a 3-bedroom at fair market rent covers | at most about $525,000 |
| Highest price two 2-bedroom units at fair market rent cover | at most about $830,000 |
Census reports median property taxes of $10,000 or more as "$10,000+", so this county's true median tax is higher than the figure used: the payment and the rent needed are at least what is shown, and the price and coverage at most.
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 Westchester County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Westchester County?
The most active investment-property lenders in Westchester County in 2025 HMDA data were Loan Funder LLC; CHAMPIONS FUNDING, LLC; and Hometown Equity Mortgage, LLC, out of 125 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 Westchester County, and matches each file to the one most likely to fund it.
Westchester County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 767 loans and $445.1M from 125 lenders. Loan Funder LLC led Westchester County with 92 loans, 12.0% of the county's total, and the average Westchester County loan of $580K compares with $523K across New York.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Loan Funder LLC | 92 | $55.8M | $606K | 68.5% |
| CHAMPIONS FUNDING, LLC | 64 | $40.0M | $625K | 51.6% |
| Hometown Equity Mortgage, LLC | 42 | $25.7M | $611K | 35.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 38 | $22.1M | $583K | 63.2% |
| NEWREZ LLC | 29 | $17.4M | $599K | 58.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 25 | $13.7M | $547K | 64.0% |
| ARC HOME LLC | 24 | $13.3M | $556K | 58.3% |
| Emporium TPO LLC | 21 | $10.4M | $495K | 38.1% |
| Kiavi Funding, Inc. | 20 | $10.3M | $514K | 85.0% |
| Logan Finance Corporation | 19 | $10.6M | $556K | 78.9% |
| Rocket Mortgage, LLC | 18 | $7.4M | $411K | 50.0% |
| A&D Mortgage LLC | 17 | $8.9M | $525K | 58.8% |
| JPMorgan Chase Bank, National Association | 16 | $6.8M | $426K | 87.5% |
| Citadel Servicing Corporation | 15 | $9.5M | $634K | 60.0% |
| Loandepot.Com, LLC | 14 | $8.1M | $577K | 57.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | 12 | $7.5M | $626K | 75.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 11 | $5.7M | $514K | 36.4% |
| AMERICAN FINANCIAL NETWORK, INC. | 11 | $5.0M | $456K | 45.5% |
| PLAZA HOME MORTGAGE, INC. | 11 | $4.9M | $446K | 36.4% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 10 | $4.3M | $429K | 20.0% |
| THE LOAN STORE, INC. | 9 | $5.4M | $598K | 55.6% |
| Citibank, National Association | 8 | $4.8M | $594K | 87.5% |
| Wells Fargo Bank, National Association | 8 | $2.9M | $360K | 62.5% |
| EAST COAST CAPITAL CORP. | 7 | $5.2M | $741K | 71.4% |
| DEEPHAVEN MORTGAGE LLC | 7 | $3.6M | $512K | 14.3% |
617 New York loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Westchester County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Westchester County CSV, all 25 lenders
What Westchester County's table can't show you: fit. Short-term financing is exempt from HMDA, so Westchester County's fix-and-flip and bridge lenders barely appear among its 125 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 Westchester County, New York deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Westchester 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 — Westchester County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 125 lenders and 767 loans: 2025 HMDA loan-level data rolled up to Westchester County.
- Westchester County investor-lender dataset (CSV) — All 25 lenders in the Westchester County, New York table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Westchester 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 — Westchester 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.