Recently Funded DSCR Loan In Lake George, New York
Loan Scenario:
A newer investor who already owns a primary residence and several investment properties partnered with American Heritage Lending to pull equity from a high-value Lake George holding, and a DSCR loan made the cash-out clean and straightforward. With the single-family detached asset appraising at $1,902,000, we structured a deliberately conservative cash-out refinance of $623,000 at just 33% loan-to-value. The property’s rental income supported a strong 1.447 debt-service coverage ratio, letting the borrower qualify on the asset’s performance rather than personal income documentation.
Nestled at the southern tip of its namesake lake in the Adirondacks, Lake George is a premier New York resort market where seasonal tourism and a limited supply of waterfront-adjacent homes support premium valuations and robust short- and mid-term rental demand. High-value markets like this reward investors who can access equity without over-leveraging a trophy asset.
The low leverage leaves this borrower with meaningful liquidity and a comfortable cash-flow cushion for the next opportunity. Ready to put your equity to work? Explore your financing options with American Heritage Lending.
Similar Recently Funded Case Studies: DSCR Loan in Oswego, NY • DSCR Loan in Pulaski, NY • DSCR Loan in Volney, NY
Key Deal Points
| Address | Lake George, NY |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Newer Investor |
| Property Type | Single Family Detached |
| Appraised Value | $1,902,000 |
| Loan Amount | $623,000 |
| Loan To Value (LTV) | 33% |
| DSCR | 1.447 |
| Loan Term | 30-Year |
Additional Images
