Loan Scenario:

An experienced investor approached American Heritage Lending looking to unlock the equity trapped in a performing single-family rental in Fort Wayne, and a DSCR loan was the natural fit. Because the property already carried a healthy debt-service coverage ratio of 1.534, the deal qualified on the strength of the asset’s own cash flow rather than the borrower’s personal income, which is exactly what makes these programs so attractive to buy-and-hold operators.

Working from a $120,000 appraised value, our team structured a cash-out refinance at 75% loan-to-value for a $90,000 loan on a 30-year term, giving the borrower long-term stability while freeing up capital to redeploy into the next acquisition. The clean file and qualifying coverage ratio kept the path to funding straightforward from start to finish.

Fort Wayne continues to draw rental investors thanks to its steady Midwestern fundamentals: an affordable entry point, a diversified employment base anchored by healthcare, manufacturing, and insurance, and consistent tenant demand that supports reliable occupancy. For an investor building a portfolio across Indiana, that combination of low basis and dependable cash flow is hard to beat. If you own a rental with strong coverage and want to put your equity back to work, our team is ready to talk financing.

Similar Recently Funded Case Studies: DSCR Loan in Whiting, IN  •  DSCR Loan in Memphis, TN  •  DSCR Loan in Solon, OH

Additional Images