Loan Scenario:

Another Poconos rental moved into long-term financing this month. American Heritage Lending closed a $315,000 DSCR rate-and-term refinance on a detached PUD home in East Stroudsburg, Pennsylvania, for an experienced investor who holds three rental properties. The home appraised at $420,000, and we financed it at 75% loan-to-value on a 30-Year term, retiring the borrower’s acquisition financing and replacing it with a stable, permanent structure.

Because this was a rate-and-term refinance, the transaction focused on locking in durable terms rather than taking cash out, and it qualified on the property’s rental income alone. The rent supports the payment at a 1.072 DSCR, clearing coverage on the asset’s own cash flow without any reliance on the borrower’s personal tax returns. For a portfolio investor stabilizing a recent purchase, the fully amortizing 30-Year term keeps the numbers predictable across the hold.

East Stroudsburg is a Monroe County hub in the Pocono foothills, anchored by East Stroudsburg University and sitting minutes from the Delaware Water Gap National Recreation Area. The university feeds consistent student rental demand, tourism and outdoor recreation drive the local economy, and the I-80 corridor makes the town a genuine commuter option for the New York and New Jersey metros. Waves of transplants seeking metro-area affordability continue to fuel both population growth and rental absorption here.

A three-property investor, dependable coverage, and a growing university market made this refinance a confident close for AHL.

Similar Recently Funded Case Studies: DSCR Loan in McKees Rocks, PA  •  DSCR Loan in East Stroudsburg, PA  •  DSCR Loan in Bangor, PA

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