FundLoans for New Jersey investors
FundLoans is a broker-only DSCR lender with a $200,000 minimum and $6,000,000 maximum loan size — the largest maximum among the lenders added to this directory in September 2026. Minimum credit score is 660 with a 0.75 minimum DSCR. Maximum LTV is 80% on purchase/rate-term and 75% on cash-out refinance. The company does not publish rate or state-coverage figures in the sources reviewed.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How FundLoans positions in New Jersey
Within New Jersey, FundLoans competes alongside other DSCR lenders. FundLoans strengths: Largest maximum loan size among the lenders added to this directory in September 2026 ($6,000,000), Broker-only origination. The low aggregate DSCR economics of New Jersey create demand for FundLoans programs in Newark and Jersey City particularly.
City-level coverage in New Jersey
FundLoans 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. FundLoans 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 |
| Loan size | $200K - $6.0M |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
FundLoans strengths in New Jersey
- Largest maximum loan size among the lenders added to this directory in September 2026 ($6,000,000)
- Broker-only origination
- 0.75 minimum DSCR
- 75% LTV on cash-out refinance
Ideal borrower: Broker-originated borrower financing a large-balance DSCR loan up to $6,000,000.
FAQ
Likely; verify direct New Jersey coverage. FundLoans is based in an undisclosed location and operates in states not publicly disclosed.
Newark is the top investor market in New Jersey and is generally within FundLoans states not publicly disclosed footprint. Newark property tax follows the New Jersey state rate of 2.5 percent. FundLoans 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 FundLoans. Submarket variation within Jersey City matters for property selection.
FundLoans 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 FundLoans program.
FundLoans 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. FundLoans follows standard business-purpose loan structures.
FundLoans funds rental DSCR in New Jersey.
New Jersey allows standard DSCR prepay structures; FundLoans typically uses 3-5 year step down.
FundLoans typical close: Not publicly published.
Bottom line
New Jersey investors considering FundLoans should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with FundLoans.