Buy or refinance a rental property in Albany without tax returns or W-2s — DSCR loans qualify off the rent. No cap on how many properties you own.
No 1040s, K-1s, or W-2s required.
Your personal debts don't factor in.
As little as 20% down.
No cap, unlike conventional's 10-property limit.
New York’s capital and the economic heart of the region - a walkable city of historic brownstones, tree-lined parkways and a busy state-government job base. Buyers range from young professionals near downtown to families in the quieter western neighborhoods. Rental demand in Albany makes it a common target for DSCR buyers — the loan qualifies off the property's rent-to-payment ratio, not your personal income or tax returns.
Above 1.00 means the rent covers the mortgage payment. A property in Albany renting for $2,700/mo against a $2,000 PITIA scores a 1.35 DSCR — the strong-deal tier with the best pricing and max LTV. Properties below 1.00 can still qualify at a reduced LTV (No-Ratio option).