Genesis Capital for New Mexico investors
Genesis Capital (a Goldman Sachs portfolio company) operates on larger-scale residential investor lending with institutional underwriting.
New Mexico context
New Mexico steady DSCR. Santa Fe historic STR market.
How Genesis Capital positions in New Mexico
Within New Mexico, Genesis Capital competes alongside other DSCR lenders. Genesis Capital strengths: large transaction capacity, institutional-quality underwriting. The medium aggregate DSCR economics of New Mexico create demand for Genesis Capital programs in Albuquerque and Santa Fe particularly.
City-level coverage in New Mexico
Genesis 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. Genesis 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, 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 Mexico property tax | 0.8% |
| New Mexico state income tax | 5.9% |
Genesis Capital strengths in New Mexico
- large transaction capacity
- institutional-quality underwriting
Ideal borrower: Larger-scale investor with $1M+ deal sizes
FAQ
Yes, operates nationally including New Mexico. Genesis Capital is based in Sherman Oaks, CA and operates nationally.
Albuquerque is the top investor market in New Mexico and falls within Genesis Capital national coverage. Albuquerque property tax follows the New Mexico state rate of 0.8 percent. Genesis 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 Genesis Capital. Submarket variation within Santa Fe matters for property selection.
Genesis 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 Genesis Capital program.
Genesis Capital indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
New Mexico steady DSCR. Santa Fe historic STR market. Genesis Capital follows standard business-purpose loan structures.
Genesis Capital funds fix-and-flip, bridge, rental, new-construction in New Mexico.
New Mexico allows standard DSCR prepay structures; Genesis Capital typically uses 3-5 year step down.
Genesis Capital typical close: 10-21 days typical.
Bottom line
New Mexico investors considering Genesis Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Genesis Capital.