DSCR loans in New Jersey. The rent qualifies — not your tax returns.
Buy or refinance a New Jersey rental with a DSCR loan, qualified on the property's rent. We have funded DSCR deals here. One conversation prices your New Jersey deal across a 100+ lender network.
- No tax returns, no income or employment verification
- 1–4 unit rentals, vested in your personal name or LLC
- No title seasoning on cash-out $100K+ — refinance on today's appraised value
- Airbnb & short-term rentals up to 75% LTV
- No minimum credit score — LTV is capped by credit tier
- Newark rental property tax: 1.82% effective (2025) — see the rent math ↓
Or skip the form — call or text us: 949-738-9770
What type of property is this?*
What loan type are you interested in?*
What is the property address?*
Depending on location we may have specific programs
What's the purchase price or refinance amount?
Our minimum loan amount is $75,000 up to $3,000,000 on DSCR
Are you purchasing or refinancing?*
How is your credit?*
No minimum score — maximum LTV is capped by credit tier (below 620 caps at 50% LTV)
Is the property occupied or vacant?*
When was the property purchased?*
Who are we preparing options for — and where do we send them?*
Legal name of the primary borrower. We'll text and email your scenario — a real person from our Irvine office. Never sold, no spam.
Where should we send your options?*
We'll email your scenario and next steps — never sold, no spam.
Last step — everything look right?*
Review your details and hit Submit — a real person from our Irvine office will reach out. No call centers, never sold, no spam.
Notice: By providing your name and contact information you are expressly consenting to receive communications from Cap Rate Funding, Cap Rate Funding agents, or affiliated partners which may include phone calls (including to any wireless number that you provide) including automatic telephone dialing systems or by artificial/pre-recorded messages, text message and/or emails for the purpose of marketing Mortgage products and services. By providing your information, you understand that your consent is not a condition of the purchase of any product or services, and carrier messaging and data rates may apply. You may revoke this consent at any time by calling us at 949-738-9770 or by emailing us at chase@capratefunding.net to be placed on our do-not-call list. By clicking Submit: I Consent to Receive SMS Notification, Alerts & Occasional Marketing Communication from Cap Rate Funding. Message frequency varies. Message & data rates may apply. Text HELP to 949-738-9770 for assistance. You can reply STOP to unsubscribe at any time.
What's the purchase price?*
Your best estimate is fine — we'll tailor the loan to it
What is the existing balance on your property?*
Include all liens — first, second, HELOC. Enter 0 if it's paid off.
What is the current value of the property? (Your best estimate)*
Your best estimate is fine — this helps us size the loan correctly.
We can't make this one work — here's exactly why.
With a credit score below 620, our lenders cap an investment-property refinance at 50% of the property's value — that's your current mortgage balance measured against what the property is worth. Based on the numbers you entered, your balance sits above that line, so we're not able to move forward on this loan today.
Two honest paths from here: if your balance drops below 50% of value — or your score crosses 620 — we can revisit immediately.
Call us to talk it through — 949-738-9770We can still do this — with a bigger down payment.
With a credit score below 620, our lenders can approve a purchase only when you bring at least 50% down, plus closing costs, out of pocket. If you can do that, we'll keep going right now — equity does the qualifying that credit can't.
Not sure? Call us: 949-738-9770
What is the current rent you are collecting or market rent?*
Monthly rent — if the property is vacant, your best estimate of market rent is fine.
What are the property taxes you pay annually?*
Your best estimate is fine — enter 0 if none.
What is the landlord insurance you pay annually?*
Your best estimate is fine — enter 0 if you don't carry it yet.
You're in! Now lock in your call.
Your scenario is in the queue. Pick a time below and we'll go over your options together — usually the same business day.
To make the call count, have these handy: your property address, a recent mortgage statement (or your payoff balance), and a ballpark of your credit score.
Book My Call — Open CalendarPrefer to talk now? Call 949-738-9770 · Book a call
You're booked! One more thing…
Save our contact now — we'll be calling you from 949-738-9770. With it saved, your phone shows Chase Zhao · Cap Rate Funding instead of “Scam Likely” or an unknown number, so you'll know it's us calling about your appointment.
Prefer to add it yourself? Chase Zhao · 949-738-9770 · chase@capratefunding.net
We can't lend on a primary residence in your state yet.
For a home you live in (or will live in), our lenders are set up in . Your property is in , and we're not able to move forward on an owner-occupied loan there today.
Two honest paths from here: if the property is actually a rental or investment, go back and choose Investment Property — our investor programs cover most states. Otherwise, call or text us and we'll point you to a lender who can help.
Call us to talk it through — 949-738-9770We're not the right fit for this one.
Based on your answers, we aren't able to offer a program for this scenario with a credit score below 620 at this time. If your score improves, we'd love to take another look — and you're always welcome to call us to talk through your options.
Call 949-738-9770We're not licensed to lend on primary residences in your state.
For owner-occupied homes, Cap Rate Funding is licensed in Alabama, Arizona, California, Colorado, Florida, Idaho, Iowa, Louisiana, Maryland, Michigan, Minnesota, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah & Washington only. Because this property is your primary residence, we aren't able to help with this one — and we'd rather tell you now than waste your time.
Own an investment property? That's a different footprint — our investor programs are available in nearly every state.
You’ll work directly with Chase Zhao, President · NMLS #1816148*Sample DSCR pricing shown; your rate depends on DSCR, credit profile, LTV, and property type. No minimum credit score restriction — maximum LTV is capped by credit tier, and FICO below 620 caps at 50% LTV. DSCR loan amounts capped at $3,000,000. All loans subject to credit approval.
What a New Jersey rental needs to qualify.
Property tax is the biggest local swing in a DSCR: it sits inside the PITIA the rent has to cover. In Newark, the effective tax on a rental was 1.82% in 2025, compared with 1.68% statewide on owner-occupied homes in 2024.
$400,000 Newark rental
- Loan: $300,000 (75% LTV) at an illustrative 7.00% 30-year fixed → $1,996/mo P&I
- Taxes: 1.82% of $400,000 → about $607/mo
- Insurance: $150/mo assumed · no HOA
- PITIA: about $2,753/mo
- Rent for a 1.00 DSCR: about $2,753/mo · 1.25: about $3,441/mo
Programs available here.
- ✓ DSCR rental loans
- ✓ Airbnb / short-term rental DSCR (75% LTV)
- ✓ Hard money on investment property
- ✗ HELOC on investment property — not available in New Jersey
- ✗ DSCR HELOC & second mortgage — not available in New Jersey
- ✗ Primary-residence loans (HELOC, P&L-only, bank statement, WVOE, conventional, FHA, VA) — not available in New Jersey
- ✗ Home Equity Agreement (HEA) — not available in New Jersey
- ✗ Owner-occupied hard money — not available in New Jersey
New Jersey is not in our owner-occupied footprint, so these pages cover investment property only. We funded a $562,500 DSCR loan in New Jersey on a reverse 1031 exchange purchase.
Check My Options →Example is an illustration, not a quote: your rate, taxes, insurance and HOA will differ. Tax rates: Lincoln Institute of Land Policy & Minnesota Center for Fiscal Excellence, 50-State Property Tax Comparison for 2025 (rental, largest city); Tax Foundation, Facts & Figures 2026 (owner-occupied, 2024).
Non-QM is our specialty.
Cap Rate Funding is a team of non-QM lending experts based in Irvine, CA. When the banks say no, we usually have a yes — DSCR, P&L-only, bank-statement, HELOCs, hard money, and home equity agreements are what we do all day, backed by a network of over 100 wholesale lenders.
When you reach out, your scenario goes straight to our team — no call centers, no hand-offs. We'll tell you quickly whether we can help, what it'll roughly cost, and what we'd need from you. And if a loan doesn't make sense for your situation, we'll tell you that too.
Recently funded DSCR deals.
Real closings, straight from our Instagram — HELOCs funded in days, P&L and DSCR loans other lenders passed on.
| Deal Type | Location | Loan Amount | Highlight |
|---|---|---|---|
| HELOC | Santa Fe Springs, CA | $397,000 | Funded in 5 days |
| P&L Loan | Irvine, CA | $930,000 | Primary residence · complex title solved |
| DSCR | Detroit, MI | $1,194,200 | 7-property portfolio, one client |
| Digital HELOC | Rural property · 2+ acres | $276,393 | Funded in 7 days · no tax returns |
| P&L · 2nd Lien | Vale, CO | $400,000 | No full appraisal · rural OK |
| DSCR | New Jersey | $562,500 | Reverse 1031 exchange purchase |
| Cash-Out Refi | Texas (A6) | $350,000 | No income verification |
"Chase truly made the process feel effortless and straightforward. The communication was excellent throughout, and I was impressed by the speed and experience he demonstrated."
Google Review · HELOC client"Chase made our HELOC process incredibly easy, smooth, and fast from start to finish. Excellent communication, professional service, and quick turnaround."
Google Review · HELOC client"Fast, reliable, and very honest. Throughout the loan process, I always knew what the next step was. I truly appreciate the professionalism and support!"
Google Review · Investor clientGo beyond with Cap Rate Funding.
Initial Consultation
Share your scenario — refinance or cash-out — and we'll assess your needs. 60 seconds online or one phone call.
Customized Solutions
Your scenario priced across 100+ lenders, with options tailored to your goals.
Application & Approval
Complete your application and receive fast approvals — often with fewer documents than you'd expect.
Closing & Beyond
Seamlessly close your loan and enjoy continued support on the next one.
New Jersey DSCR loan questions.
Can I get a DSCR loan in New Jersey?
Yes. Cap Rate Funding offers DSCR loans on New Jersey rental properties: the rent qualifies instead of your tax returns, with no minimum credit score restriction (maximum LTV is capped by credit tier, and below 620 FICO caps at 50% LTV). You can vest in your personal name or an LLC.
How do New Jersey property taxes affect a DSCR loan?
Property taxes are part of the PITIA the rent has to cover. The effective tax rate on a rental in Newark was 1.82% in 2025 (Lincoln Institute of Land Policy / Minnesota Center for Fiscal Excellence), versus 1.68% statewide on owner-occupied homes in 2024 (Tax Foundation). Run your own numbers with the actual tax bill before you offer.
How much rent does a New Jersey rental need to qualify?
Illustration only: a $400,000 purchase at 75% LTV and a 7.00% 30-year fixed rate has about $1,996 in principal and interest. Adding Newark-level taxes of about $607 a month and $150 of insurance gives a PITIA near $2,753, so the rent needs to be about $2,753 a month for a 1.00 DSCR and $3,441 for 1.25. Your rate and taxes will differ.
Can I finance an Airbnb in New Jersey?
Yes. Short-term rentals are financed under our DSCR program at up to 75% LTV on purchase, cash-out and rate-and-term. Many cities regulate short-term rentals, so confirm Newark or your local rules before you buy.
Do you offer owner-occupied loans in New Jersey?
No. New Jersey is not in our owner-occupied footprint, so these pages cover investment property only.
Will checking my options hurt my credit?
No. Seeing your options uses no hard credit pull.
Fast. Flexible. Funded.
Whether you're tapping equity or repositioning the portfolio — check your options in 60 seconds, with no hard credit pull.