Recently Funded DSCR Loan In Fulton, New York
Loan Scenario:
American Heritage Lending backed an experienced investor with a $108,000 DSCR purchase loan on a single-family detached home in Fulton, New York, adding another door to an already sizable rental holding. The property appraised at $135,000, so the loan closed at 80% loan-to-value on a 30-year term, putting efficient leverage on a low-basis acquisition. DSCR is built for exactly this move: qualification came from the property’s projected rental income rather than the borrower’s personal earnings, which keeps an acquisition clean and fast for an operator adding to a portfolio. The rent supports the note at a strong 1.796 DSCR, ample coverage that carries the debt while the investor—who already holds eight financed rentals—continues to scale. The fixed long-term structure suits a buy-and-hold, locking the payment on a property meant to be held.
Fulton sits in Oswego County along the Oswego River in Central New York, a short drive north of Syracuse and near the shore of Lake Ontario. Long a manufacturing town that once housed Nestlé and Miller Brewing plants, Fulton’s industrial base today includes packaging maker Huhtamaki, and nearby Oswego adds the Novelis aluminum rolling mill and the Constellation nuclear stations at Nine Mile Point, which together draw a steady blue-collar workforce. Notably, rents here run well below the national average, and the city offers some of the most affordable housing in the state. Syracuse, about half an hour south, adds a larger metro’s worth of jobs within commuting range, extending Fulton’s tenant pool beyond its own borders. That combination of steady industrial employment and deep affordability keeps single-family rentals in reliable demand.
Overall, this deal shows how American Heritage Lending backs investors with practical DSCR financing. Efficient leverage, coverage-qualified underwriting, and a fixed 30-year payment give the borrower a clean path to add a well-located rental in an affordable, industry-anchored market.
Similar Recently Funded Case Studies: DSCR Loan in Oswego, NY • DSCR Loan in Lake George, NY • DSCR Loan in Kokomo, IN
Key Deal Points
| Address | Fulton, NY |
| Loan Type | DSCR Purchase |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $135,000 |
| Loan Amount | $108,000 |
| Loan To Value (LTV) | 80% |
| DSCR | 1.796 |
| Loan Term | 30-Year |
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