Easy Street Capital for New Mexico investors
Easy Street Capital has one of the more flexible non-QM platforms in the market, with particular strength in short-term rental DSCR underwriting (counting projected nightly revenue rather than long-term lease income). Excludes North Dakota, South Dakota, Minnesota, Nevada, and New York; offers same-day term sheets.
New Mexico context
New Mexico steady DSCR. Santa Fe historic STR market.
How Easy Street Capital positions in New Mexico
For New Mexico specifically, Easy Street Capital fits investors who match the hard money approach. The medium cash flow profile of New Mexico aggregate makes it workable for Easy Street Capital.
City-level coverage in New Mexico
Easy Street Capital provides DSCR coverage across New Mexico metros including Albuquerque, Santa Fe, and Las Cruces. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Easy Street Capital program terms apply uniformly across New Mexico metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge, STR-friendly DSCR |
| Loan size | $75K - $2.0M |
| Rates | 5.75%-11.5% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 12-18 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical |
| New Mexico property tax | 0.8% |
| New Mexico state income tax | 5.9% |
Easy Street Capital strengths in New Mexico
- STR-DSCR program with projected income underwriting
- fast tech-driven origination
- experienced borrower programs
Ideal borrower: Investor with STR or BRRRR focus needing flexible underwriting
FAQ
Yes, operates nationally including New Mexico. Easy Street Capital is based in Austin, TX and operates nationally.
Albuquerque is the top investor market in New Mexico and falls within Easy Street Capital national coverage. Albuquerque property tax follows the New Mexico state rate of 0.8 percent. Easy Street Capital typically underwrites Albuquerque acquisitions at standard rate sheets.
Yes. Santa Fe ranks among the larger New Mexico investor metros and sees consistent DSCR loan volume from Easy Street Capital. Submarket variation within Santa Fe matters for property selection.
Easy Street Capital applies the same rate sheet across New Mexico metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Albuquerque, Santa Fe, and Las Cruces all qualify for the same Easy Street Capital program.
Easy Street Capital indicative DSCR rate range is 5.75 to 11.5 percent with 1 to 3 points.
New Mexico steady DSCR. Santa Fe historic STR market. Easy Street Capital follows standard business-purpose loan structures.
Easy Street Capital funds fix-and-flip, BRRRR, rental, bridge, STR-friendly DSCR in New Mexico.
New Mexico allows standard DSCR prepay structures; Easy Street Capital typically uses 3-5 year step down.
Easy Street Capital typical close: 7-14 days typical.
Bottom line
For New Mexico DSCR borrowers, Easy Street Capital is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Easy Street Capital.