Recently Funded DSCR Loan In Poughkeepsie, New York
Loan Scenario:
American Heritage Lending funded a $256,900 DSCR cash-out refinance on a single-family detached home in Poughkeepsie, New York, freeing up equity for an experienced investor in the Hudson Valley. The property appraised at $367,000, so the loan closed at 70% loan-to-value on a 30-Year term. This was structured as a True Zero Point Loan, so the borrower pulled cash without paying points at closing, and the rent covers the note at a strong 1.555 DSCR.
That is robust coverage. Qualification came from the property’s rental income rather than the borrower’s personal earnings, so an experienced investor could unlock equity without tax returns or work papers. With coverage that comfortable and a zero-point structure, the borrower captures liquidity to redeploy while a fixed long-term payment holds the property. The strong DSCR also leaves ample room to absorb vacancy or maintenance without straining the note.
Poughkeepsie anchors Dutchess County on the east bank of the Hudson River, roughly midway between New York City and Albany. The city’s economy blends a long-standing IBM presence in the surrounding region with higher education and healthcare: Vassar College and Marist University sit in and around the city, and Nuvance Health’s Vassar Brothers Medical Center is a major employer. Metro-North’s Hudson Line runs from the Poughkeepsie station straight into Grand Central, making the city a viable base for commuters priced out of Westchester and the five boroughs. Notably, that combination of institutional employment and affordable rail-served housing keeps single-family rentals in dependable demand. Students, hospital staff, and Manhattan commuters all draw on the same limited pool of detached homes, which supports occupancy through the year.
Overall, this deal shows how American Heritage Lending backs investors with practical DSCR financing. Measured leverage, strong coverage, and a zero-point cash-out give the borrower a clean way to pull equity and keep building in a market anchored by colleges, hospitals, and a rail line to the city.
Similar Recently Funded Case Studies: DSCR Loan in Lake George, NY • DSCR Loan in Oswego, NY • DSCR Loan in Gainesville, FL
Key Deal Points
| Address | Poughkeepsie, NY |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $367,000 |
| Loan Amount | $256,900 |
| Loan To Value (LTV) | 70% |
| DSCR | 1.555 |
| Loan Term | 30-Year |
| Loan Structure | True Zero Point Loan |
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