Conventus for New Jersey investors
Conventus is a direct DSCR lender with a short-term rental underwriting focus, licensed in California plus 44 other states (45 total). The company does not publish minimum credit score, DSCR, loan size, or rate figures in the sources reviewed; borrowers should request current terms directly.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How Conventus positions in New Jersey
New Jersey is well covered by national DSCR lenders, with Conventus as one option. Where Conventus differentiates: Short-term rental DSCR underwriting focus. Where it competes: rates not publicly published against peer programs.
City-level coverage in New Jersey
Conventus provides DSCR coverage across New Jersey metros including Newark, Jersey City, and Atlantic City. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Conventus program terms apply uniformly across New Jersey metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR, STR DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | Not publicly published |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
Conventus strengths in New Jersey
- Short-term rental DSCR underwriting focus
- Direct lender
- Licensed in California plus 44 other states (45 total)
Ideal borrower: Short-term rental investor seeking a DSCR lender that specializes in STR underwriting.
FAQ
Yes, operates nationally including New Jersey. Conventus is based in an undisclosed location and operates nationally.
Newark is the top investor market in New Jersey and falls within Conventus national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. Conventus typically underwrites Newark acquisitions at standard rate sheets.
Yes. Jersey City ranks among the larger New Jersey investor metros and sees consistent DSCR loan volume from Conventus. Submarket variation within Jersey City matters for property selection.
Conventus applies the same rate sheet across New Jersey metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Newark, Jersey City, and Atlantic City all qualify for the same Conventus program.
Conventus does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
New Jersey property tax highest in nation. DSCR economics tight. Conventus follows standard business-purpose loan structures.
Conventus funds rental DSCR, STR DSCR in New Jersey.
New Jersey allows standard DSCR prepay structures; Conventus typically uses 3-5 year step down.
Conventus typical close: Not publicly published.
Bottom line
New Jersey investors considering Conventus should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Conventus.