Loan Scenario:

When an experienced investor finds a two-unit property that cash flows this well, the goal is simply to close cleanly and keep the momentum going. This borrower set out to purchase a $1,250,000 duplex in Bloomington, Indiana, bringing a strong credit profile and a proven investment track record to the table. With a property of this caliber, the underwriting story was all about durable, well-covered income.

American Heritage Lending funded a 30-year DSCR loan of $960,000 at 80% loan-to-value, supported by an excellent 1.615 debt-service coverage ratio. That level of coverage meant the two units generated income well beyond the debt obligation, making for a confident approval and a smooth path to closing on a premium multi-unit asset.

Bloomington is home to Indiana University, and that university anchor drives one of the most reliable rental markets in the state, with consistent student and faculty demand keeping quality multi-unit properties in short supply. Duplexes near campus and its surrounding neighborhoods tend to command strong rents and low vacancy, which is precisely why they attract experienced investors. AHL finances rental acquisitions across Indiana, from single-family homes to multi-unit assets. Investors eyeing their next purchase can connect with our financing team.

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