Loan Scenario:

An experienced Philadelphia investor came to American Heritage Lending looking to unlock the equity in a three-story attached row home they had owned for years. The property had recently been renovated and was sitting vacant, and the borrower wanted to pull cash out to redeploy into their next opportunity rather than let that equity sit idle. Because our DSCR loan qualifies on the property’s income rather than the borrower’s tax returns, we were able to move quickly for a seasoned owner who already manages a small portfolio in the city.

The appraisal came in at $878,000, and at a conservative 55% loan-to-value we structured a $482,900 cash-out refinance on a 30-year term. With a DSCR of 1.174, the projected rents comfortably covered the new debt service, giving the borrower breathing room and a clean path to close.

Philadelphia remains one of the strongest cash-flow markets in the Northeast, where classic attached row homes trade at accessible price points and steady tenant demand keeps well-located rentals full. Neighborhoods across the city continue to draw renters priced out of pricier coastal metros, and long-term owners like this borrower benefit from years of appreciation layered on top of dependable monthly income.

This is exactly the kind of deal our Pennsylvania lending team loves to fund: an owner who knows their market, a property that performs, and a structure that turns trapped equity into working capital. If you have a rental with equity to put to work, explore financing with American Heritage Lending today.

Similar Recently Funded Case Studies: DSCR Loan in Brookhaven, PA  •  DSCR Loan in Memphis, TN  •  DSCR Loan in Solon, OH

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