Recently Funded DSCR Loan In North Caldwell, New Jersey
Loan Scenario:
An experienced investor tapped a substantial amount of trapped equity in a high-value single-family home in North Caldwell, New Jersey. AHL structured the deal as a DSCR cash-out refinance, qualifying the loan on the property’s rental income alone. The home appraised at $1,660,000, and the borrower drew $913,000 at a conservative 55% loan-to-value on a 30-year term. Even at that size, the rent supported the payment with a debt-service-coverage ratio of 1.065, and the low LTV left a deep equity cushion in the property.
North Caldwell is one of Essex County’s most affluent suburbs, a leafy, low-inventory enclave with easy access to the New York City job market. Homes at this price point rarely trade, so an investor holding one benefits from scarce comparable supply and durable long-term demand.
Pulling out nearly a million dollars while staying at 55% LTV gave this investor liquidity without overleveraging a premium asset. Investors with equity to unlock can look at a DSCR loan in New Jersey or explore financing options today.
Similar Recently Funded Case Studies: DSCR Loan in Newark, NJ • DSCR Loan in Voorhees, NJ • DSCR Loan in Fort Wayne, IN
Key Deal Points
| Address | North Caldwell, NJ |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $1,660,000 |
| Loan Amount | $913,000 |
| Loan To Value (LTV) | 55% |
| DSCR | 1.065 |
| Loan Term | 30-Year |
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