Recently Funded DSCR Loan In Rockford, Illinois
Loan Scenario:
An experienced investor purchased a single-family rental in Rockford and financed it through an American Heritage Lending DSCR loan, closing in a series entity as the structure was finalized. With the home appraised at $145,000, AHL advanced $113,600 at 80% loan-to-value over a 30-year term, and an exceptional debt-service-coverage ratio of 1.620 meant the property’s rents cleared the new obligation by a wide margin. That strong coverage is what made the higher-leverage 80% structure a comfortable fit for both borrower and lender.
Rockford, in northern Illinois along the Rock River, offers some of the most favorable rent-to-price ratios in the Midwest, where affordable acquisition prices and a manufacturing-and-aerospace employment base combine to produce dependable cash flow for buy-and-hold investors. Single-family homes at this price point routinely generate coverage ratios well above the norm, as this file demonstrates. For investors seeking high-yield entry points across Illinois, this purchase is a textbook example of strong cash flow supporting aggressive leverage, and the financing is a prequalification away.
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Key Deal Points
| Address | Rockford, IL |
| Loan Type | DSCR Purchase |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $145,000 |
| Loan Amount | $113,600 |
| Loan To Value (LTV) | 80% |
| DSCR | 1.620 |
| Loan Term | 30-Year |
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