Recently Funded DSCR Loan In East Longmeadow, Massachusetts
Loan Scenario:
An experienced investor holding a single-family rental in East Longmeadow, Massachusetts, turned to American Heritage Lending to tap built-up equity, and we closed the cash-out refinance as a True Zero Point loan so none of the borrower’s proceeds went toward origination points. With the property appraising at $465,000 and the loan set at $325,500, the 70% loan-to-value struck a strong balance between liquidity and leverage. The rental’s healthy 1.298 debt-service coverage ratio meant the DSCR loan qualified comfortably on income the property already produces, and it funded on a 30-year term.
East Longmeadow is a well-regarded suburb just southeast of Springfield, known for its strong schools and stable, owner-occupied character that keeps quality tenants in place. Rental homes in this part of Western Massachusetts tend to hold value and turn over slowly, exactly the profile that makes a cash-out refinance a smart way to recycle equity without selling.
The zero-point structure maximized the net cash returned to the investor, leaving more capital to put to work on the next deal. Owners sitting on equity in a performing rental can see what a cash-out refinance could return by exploring financing with our team.
Similar Recently Funded Case Studies: DSCR Loan in Mc Kees Rocks, PA • DSCR Loan in Fayetteville, NC • DSCR Loan in Millington, TN
Key Deal Points
| Address | East Longmeadow, MA |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $465,000 |
| Loan Amount | $325,500 |
| Loan To Value (LTV) | 70% |
| DSCR | 1.298 |
| Loan Term | 30-Year |
| Loan Structure | True Zero Point Loan |
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