Skip to content
UNITEDLENDING

Investment property loans · Westchester County, NY

Hard money, fix and flip and DSCR loans in Westchester County, NY

Westchester's denser investment stock sits in cities like Yonkers, Mount Vernon and New Rochelle, which mix apartment buildings, row houses and multi-family homes, and in older communities like Peekskill on the Hudson and the village of Port Chester. Investors renovate older houses and hold small multifamily rentals, but city transfer taxes, rent stabilization adopted by many municipalities and the state lead rental registry in several cities change the numbers from one city line to the next.

Get my termsCompare loans
  • No credit pull to start
  • About a minute
  • A loan officer calls you

Where investors buy

Neighborhoods investors look at in Westchester County

Southwest Yonkers and Mount Vernon's South Side mix dense apartment buildings, row houses and multi-family homes, and New Rochelle adds brownstones, townhomes and red-brick apartment buildings to older Queen Anne, Tudor Revival and Colonial Revival neighborhoods. Northwest Yonkers keeps many Victorian-era homes.
YonkersSouthwest neighborhoods such as Park Hill, Nodine Hill and Lowerre mix apartment buildings, row houses and detached homes, while new rental towers have gone up on the downtown Hudson waterfront.
Mount VernonThe South Side is largely multi-family homes and apartment buildings, and Fleetwood on the North Side has many large co-op buildings.
New RochelleA redeveloped downtown of high-rises and condos surrounded by older neighborhoods of Gilded Age single-family and multifamily houses.
PeekskillA Hudson River city whose downtown centers on the restored 1930 Paramount movie palace, with its own city transfer tax.
Port ChesterA village with a long run of downtown redevelopment plans, where the former Life Savers candy factory now holds apartments.

Loan programs

Loans for Westchester County real estate investors

Pick the loan that fits the deal: short-term money to buy, renovate or build, or a long-term loan to hold the property. Published limits are subject to appraisal and underwriting.
Long-term

DSCR rental loans in Westchester County

30-year loans for Westchester County rentals of 1–4 units, fixed or adjustable, qualified on the rent with no personal income verification: up to 85% of the price on a purchase, with loans from $75,000.

Purchase LTV up to85%
Term30 years
Income docsNot required
Loans from$75K

Subject to appraisal and underwriting.

DSCR loans: terms and requirements
Short-term

Fix and flip loans in Westchester County

Buy and renovate in Westchester County with up to 95% of the price and 100% of the rehab budget, on a 12–18 months interest-only loan with no prepayment penalty when the house sells.

Purchase price up to95%
Rehab funded up to100%
Term12–18 months
Prepayment penaltyNone

Subject to appraisal and underwriting.

Fix and flip loans: terms and requirements
Short-term

Bridge loans in Westchester County

Close quickly on a Westchester County property with up to 95% of the cost financed and a 12–18 months interest-only term, then sell it or refinance onto a long-term loan. No prepayment penalty.

Leverage up to95% LTC
Term12–18 months
PaymentsInterest only
Prepayment penaltyNone

Subject to appraisal and underwriting.

Bridge loans: terms and requirements
Short-term

Ground-up construction loans in Westchester County

Financing for new builds in Westchester County, from spec homes built to sell to rentals built to hold. Every project is quoted on its plans, budget and builder.

Quoted on your deal.

Construction loans: get a quote
Long-term

Multifamily and commercial loans in Westchester County

Financing for Westchester County apartment buildings of five units or more, mixed-use and commercial property, quoted on the building's income.

Quoted on your deal.

Multifamily and commercial: get a quote

Good to know

Before you buy in Westchester County

Local rules and costs that change a deal's numbers or closing date in Westchester County and Westchester County. Sources are listed at the bottom of the page.
  • Check for a city transfer tax: Yonkers, Mount Vernon and Peekskill each levy their own deed transfer tax on top of New York State's, generally paid by the seller, so confirm the current rate with the city or your title company.
  • Check whether the building is covered by ETPA rent stabilization; Mount Vernon, New Rochelle, Rye, White Plains and Yonkers, several towns and many villages in the county have adopted it, generally for older buildings of six or more units.
  • In the covered ZIP codes of Yonkers, Mount Vernon and New Rochelle, rentals with two or more units built before 1980 fall under the state Lead Rental Registry and need a Lead Safety Certificate every three years, so budget for inspections and lead-safe repairs.
  • On residential purchases of $1 million or more, budget for New York State's 1% mansion tax, which the buyer generally pays.

Get your terms

Have a Westchester County property in mind?

Contact details first, then single-tap answers on the property, the amount and when you need to close. A loan officer phones you back with terms.
  • About a minute to fill in
  • No credit pull to start
  • A loan officer calls you back
  • Investment property only

Rather talk now? (718) 704-0499

Step 1 · About a minute in allNo credit pull

Your contact details

By pressing “Get my terms”, I agree that United Lending may contact me about this inquiry, and I accept the Terms of Use and Privacy Policy.

United Lending LLC offers business-purpose financing secured by non-owner-occupied investment real estate. We do not offer loans for personal, family or household purposes, or loans on owner-occupied primary residences.

Questions

Loans in Westchester County: common questions

Do you offer hard money loans in Westchester County?

Yes. United Lending LLC offers private real estate financing for investors in Westchester County and the rest of Westchester County: fix and flip and bridge loans sized on the deal, and DSCR rental loans sized on the rent. We're headquartered in Brooklyn, New York, and lend nationwide.

Do you offer DSCR loans in Westchester County?

Yes. Our DSCR loans are 30-year loans on 1–4 unit rentals, fixed or adjustable, qualified on the property's rent against its monthly payment with no personal income verification, up to 85% loan-to-value on a purchase and loans from $75,000. Investors use them for rentals in Yonkers, Mount Vernon and New Rochelle, among other parts of Westchester County.

How much can I borrow for a Westchester County flip?

Up to 95% of the purchase price and up to 100% of the rehab budget, on a 12–18 months interest-only loan. Those are maximums, subject to appraisal and underwriting: the property, your experience and the comps set what your loan gets.

Is there a prepayment penalty on a loan in Westchester County?

There's no prepayment penalty on fix and flip or bridge loans. DSCR rental loans come with a choice of prepayment terms, from none up to five years, set out in your written terms before you commit.

Do I need to live in Westchester County or have a New York LLC?

No. You can borrow in your own name or through an LLC, wherever you live; many of our borrowers invest outside their home state. If your LLC was formed outside New York, your loan officer will tell you what's needed before closing.

New York

More places we lend in New York

Sources (8)Checked November 9, 2026

United Lending's loan terms are its published program limits. The local rules and costs on this page come from the public sources below, checked on the date shown; confirm them with the city, county or your closing attorney before you rely on them.

  1. City of Yonkers: Real Estate Transfer Tax
  2. NY Tax Law Section 1205 (Mount Vernon transfer tax)
  3. NY Tax Law Section 1206 (Peekskill deed tax)
  4. NYS Homes and Community Renewal: Rent regulation (ETPA municipalities)
  5. NYS Department of Health: Lead Rental Registry Program launch
  6. Westchester County Department of Health: Lead Rental Registry ZIP codes
  7. NYS Department of Taxation and Finance: Real estate transfer tax
  8. Wikipedia: Yonkers, New York