2025 · New York
In 2025, 21,609 investment-property loans worth $11.4B were originated on single-family 1-4 unit homes in New York. Here's how those terms compared to the rest of the country.
Investor rate premium
75 bps
U.S. median: 76 bps
Denial rate
20.4%
U.S. median: 17.5%
DSCR / business-purpose
86%
U.S. median: 72%
Median LTV
70%
U.S. median: 74%
Since 2024 in New York
Rate premium
100 bps → 75 bps
-25 bpsInvestor loans
17,900 → 21,609
+20.7%Denial rate
20.2% → 20.4%
+0.2 ptsDSCR / business-purpose
84% → 86%
+1.9 ptsInvestors in New York borrowed at a median rate of 7.25%, versus 6.5% for owner-occupants — a 75 bps premium that ranks 34th of 51 states.
Their applications were denied 20.4% of the time. The leading reasons for denial were collateral, other, debt-to-income ratio.
86% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 28% were cash-out refinances. The typical loan-to-value was 70%, implying about 30% down.
In 2025, the median investment-property loan in New York carried a rate of 7.25% versus 6.5% for an owner-occupant — a premium of 75 bps. That ranks 34th of 51 states (1 = highest premium).
20.4% of investment-property applications were denied in New York in 2025, the 9th-highest denial rate among the 51 states. The most common denial reasons were collateral, other, debt-to-income ratio.
86% of investor loans in New York were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (1st of 51). The median loan-to-value was 70%.
Source: CFPB / FFIEC HMDA combined Modified LAR (loan-level public dataset, early release), 2025. Single-family 1-4 unit, site-built loans; financed purchases only.