Genesis Capital for New Jersey investors
Genesis Capital (a Goldman Sachs portfolio company) operates on larger-scale residential investor lending with institutional underwriting.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How Genesis Capital positions in New Jersey
For New Jersey specifically, Genesis Capital fits investors who match the hard money approach. The low cash flow profile of New Jersey aggregate makes it workable for Genesis Capital.
City-level coverage in New Jersey
Genesis Capital 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. Genesis Capital 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 | fix-and-flip, bridge, rental, new-construction |
| Loan size | $100K - $7.5M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 75% of ARV |
| Term lengths | 12-24 months |
| Typical close time | 10-21 days typical |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
Genesis Capital strengths in New Jersey
- large transaction capacity
- institutional-quality underwriting
Ideal borrower: Larger-scale investor with $1M+ deal sizes
FAQ
Yes, operates nationally including New Jersey. Genesis Capital is based in Sherman Oaks, CA and operates nationally.
Newark is the top investor market in New Jersey and falls within Genesis Capital national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. Genesis Capital 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 Genesis Capital. Submarket variation within Jersey City matters for property selection.
Genesis Capital 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 Genesis Capital program.
Genesis Capital indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
New Jersey property tax highest in nation. DSCR economics tight. Genesis Capital follows standard business-purpose loan structures.
Genesis Capital funds fix-and-flip, bridge, rental, new-construction in New Jersey.
New Jersey allows standard DSCR prepay structures; Genesis Capital typically uses 3-5 year step down.
Genesis Capital typical close: 10-21 days typical.
Bottom line
Genesis Capital in New Jersey works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Genesis Capital.