Lima One Capital for New Jersey investors
Lima One Capital is one of the deepest non-QM lenders in the country with a full product suite spanning fix-and-flip, BRRRR, rental, and new construction. Minimum DSCR is 1.00 (1.20 for best pricing). Particularly strong on the rental refi exit, which makes them a one-stop shop for BRRRR strategies.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How Lima One Capital positions in New Jersey
Within New Jersey, Lima One Capital competes alongside other DSCR lenders. Lima One Capital strengths: broad product suite, long track record. The low aggregate DSCR economics of New Jersey create demand for Lima One Capital programs in Newark and Jersey City particularly.
City-level coverage in New Jersey
Lima One 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. Lima One 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, BRRRR, rental, new-construction, multi-family, bridge |
| Loan size | $75K - $2.5M |
| Rates | 7%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months (hard money) / 30-year (rental) |
| Typical close time | 10-21 days typical |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
Lima One Capital strengths in New Jersey
- broad product suite
- long track record
- strong on multi-family
- BRRRR-friendly with rental refi exit
Ideal borrower: Investor wanting a single lender across hard money + DSCR rental exit
FAQ
Yes, operates nationally including New Jersey. Lima One Capital is based in Greenville, SC and operates nationally.
Newark is the top investor market in New Jersey and falls within Lima One Capital national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. Lima One 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 Lima One Capital. Submarket variation within Jersey City matters for property selection.
Lima One 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 Lima One Capital program.
Lima One Capital indicative DSCR rate range is 7 to 12 percent with 1 to 3 points.
New Jersey property tax highest in nation. DSCR economics tight. Lima One Capital follows standard business-purpose loan structures.
Lima One Capital funds fix-and-flip, BRRRR, rental, new-construction, multi-family, bridge in New Jersey.
New Jersey allows standard DSCR prepay structures; Lima One Capital typically uses 3-5 year step down.
Lima One Capital typical close: 10-21 days typical.
Bottom line
New Jersey investors considering Lima One Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Lima One Capital.