Loan Scenario:

American Heritage Lending backed an experienced investor with a $262,500 DSCR cash-out refinance on a detached PUD in East Stroudsburg, Pennsylvania, freeing equity from a stabilized rental in the Pocono Mountains. The property appraised at $350,000, so the loan closed at 75% loan-to-value on a 30-Year term, keeping leverage measured while pulling cash out. DSCR is built for exactly this: qualification came from the property’s rental income rather than the borrower’s personal earnings, so the investor accessed equity without tax returns or work papers. The rent covers the note at a 1.086 DSCR, coverage that carries the debt while the borrower redeploys capital.

East Stroudsburg anchors the eastern edge of Monroe County in the heart of the Poconos, and its rental demand comes from several directions at once. East Stroudsburg University brings thousands of students who need housing each year. Lehigh Valley Health Network’s growing Pocono campus and other medical employers add a stable base of healthcare workers. The Pocono Mountains tourism economy — ski resorts like Camelback, the Kalahari and Great Wolf Lodge waterparks, and countless lake communities — supports year-round hospitality jobs, while Sanofi’s vaccine campus in nearby Swiftwater is one of the county’s largest employers. On top of that, Monroe County has long been a bedroom community for commuters into New Jersey and New York, drawing families priced out of the metro who accept one of the country’s longest commutes in exchange for far cheaper housing. That blend of students, healthcare, tourism, and commuter demand keeps rentals occupied through every season, and the county’s steady population gains have kept a floor under both rents and values.

Overall, this deal shows how American Heritage Lending backs investors with practical DSCR financing. Measured leverage, income-qualified underwriting, and a fixed 30-year payment give the borrower a clean way to unlock equity and keep holding a well-located rental in a market with layered, year-round demand.

Similar Recently Funded Case Studies: DSCR Loan in Mc Kees Rocks, PA  •  DSCR Loan in East Stroudsburg, PA  •  DSCR Loan in Long Pond, PA

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