Home · DSCR · New Mexico
DSCR Rental Loans · New Mexico

DSCR loans for New Mexico rental properties.

Long-term rental financing for investment properties across New Mexico — qualified off the property's income, not your personal DTI. 30-year fixed from 5.75%, up to 80% LTV, and only 3 months of seasoning on cash-out refinances. SLA Capital has closed deals across every major New Mexico metro.

Get Qualified in Minutes Email Your Deal

SLA Capital — a Sir Lends A Lot LLC Company

What is a DSCR loan?

A DSCR loan — short for Debt Service Coverage Ratio — is an investor mortgage that qualifies off the property's rental income rather than the borrower's personal income or debt-to-income ratio. If the property's rent covers the total housing payment (principal, interest, taxes, insurance, and HOA), the loan qualifies. Self-employed investors, LLC-title borrowers, and anyone with complex tax returns can build a rental portfolio without W-2 gymnastics.

New Mexico market

Why New Mexico works for investor lending.

New Mexico anchors on federal employment (Sandia, Los Alamos, Kirtland AFB). Santa Fe and Taos add STR opportunity. Affordable acquisition basis supports real cash-flow across ABQ and secondary markets.

Sandia + Los Alamos anchors

Albuquerque and Santa Fe rental demand is anchored by Sandia National Labs and Los Alamos National Laboratory — stable federal employment for the long term.

Kirtland AFB

Kirtland Air Force Base in Albuquerque supports steady military rental demand.

STR corridors

Santa Fe and Taos host active STR markets. Our DSCR program supports STR income where zoning permits.

Metros served

SLA Capital lends across every New Mexico metro.

Whether you're closing a single-asset SFR in a smaller New Mexico market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Albuquerque Metro

Bernalillo County + Rio Rancho

Santa Fe

Santa Fe County — state capital + arts market

Las Cruces

Doña Ana County — Southern NM + NMSU

Rio Rancho

Sandoval County — fast-growing ABQ suburb

Roswell & Carlsbad

Southeast NM — Permian Basin adjacencies

Farmington

San Juan County — Four Corners energy market

Taos

Northern NM — resort STR corridor

Everywhere else

Statewide coverage — send us any New Mexico property

New Mexico DSCR loan terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 5.75%

Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.

Leverage

Up to 80% LTV

Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.

Structures

Multiple options

30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.

Size

$55K to $3M

Single-asset from $55K to $3M. Portfolio structures for 2–10 New Mexico properties on one note.

Fees

1 point origination

Up-front pricing. One origination point, standard closing costs, no junk fees.

Qualification

1.0 DSCR minimum

Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.

New Mexico DSCR FAQ

Common questions about DSCR loans in New Mexico.

Does SLA Capital lend on rental properties in New Mexico?

Yes. SLA Capital funds DSCR rental loans throughout New Mexico — Albuquerque Metro, Santa Fe, Las Cruces, Rio Rancho, Roswell & Carlsbad, and every other NM metro. Rates from 5.75%, up to 80% LTV.

What DSCR loan rates are available in New Mexico?

New Mexico DSCR loans start at 5.75% on a 30-year fixed structure. Priced off the 5-year Treasury with transparent up-front pricing — the rate you're quoted is the rate you close at.

What New Mexico metros does SLA Capital serve?

Every New Mexico metro. High-volume markets: Albuquerque Metro, Santa Fe, Las Cruces, Rio Rancho, Roswell & Carlsbad. Secondary markets welcome.

Is New Mexico a good state for rental property investors?

New Mexico anchors on federal employment (Sandia, Los Alamos, Kirtland AFB). Santa Fe and Taos add STR opportunity. Affordable acquisition basis supports real cash-flow across ABQ and secondary markets.

How long is seasoning on a New Mexico DSCR cash-out refinance?

3 months. Only 3 months of ownership seasoning is required for cash-out refinances on New Mexico DSCR loans, and no active lease is required at closing.

Get started

Ready to size a New Mexico DSCR loan?

Send us the property. Our sizer returns a real term sheet in minutes.

Get Qualified in Minutes apply@slacapital.com
Also in New Mexico

Other loan programs for New Mexico investors