New Hampshire has a tight rental market and an older stock of multi-family buildings in Manchester, Nashua, Concord and the Seacoast. Rents have climbed, and so has equity. A DSCR cash-out refinance lets you pull it out based on the rent roll.
In short: Our top pick for a New Hampshire DSCR cash-out refinance is LendingStreet. We qualify on the property's rent with no tax returns, allow cash-out up to 75% LTV with 30-year terms, and close in your LLC as standard. We finance 1-8 unit rentals, the core of New Hampshire's multi-family stock, from $150,000 with no stated maximum.
LendingStreet is built for investors in non-owner-occupied rentals. New Hampshire investors often own three-family and six-family buildings, and our DSCR cash-out refinance sizes the loan to the rent roll, not your personal income.
It fits owners of seasoned multi-family buildings and those who just finished renovating units. Get a quote with the form below or call (877) 298-1001.
If you are weighing CoreVest, Dominion Financial, LendingOne, Lima One, New Silver and RCN Capital for a DSCR cash-out refinance loan for investors in New Hampshire, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Rental loan above $2M | LendingStreet | Our DSCR loans have no stated maximum. LendingOne states DSCR loans up to $2,000,000 and RCN Capital states long-term rental loans up to $1.5M. |
| Credit score in the 620s | LendingStreet | Our DSCR minimum is 620. RCN Capital and New Silver state 660 minimums, and Dominion Financial states 680, with exceptions to 660. |
| 5-8 unit building | LendingStreet | We treat 1-8 units as residential DSCR. Lima One and CoreVest state 1-4 unit eligibility for their rental loans. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Most New Hampshire investors who want to pull equity end up weighing four kinds of lenders: a local bank or credit union, a local hard money lender, a national online DSCR lender, or a private individual. Each has a place. Here is how LendingStreet lines up on the things that matter most for a rental cash-out.
Two other groups come up often: national online DSCR lenders, whose programs and coverage vary from one to the next, and private individual lenders, who can be flexible but usually lend short-term and set terms case by case. Line them up against the same questions you ask us.
| What investors need | LendingStreet | Typical bank or credit union | Typical hard money lender |
|---|---|---|---|
| Qualify on the rental, not your tax returns | Yes: DSCR on the property's rent, no W-2s or tax returns | Often requires tax returns and full income review | Usually asset-based, but built for short-term loans |
| Cash-out leverage | Up to 75% LTV; varies by program on 5-8 units and large balances | Varies; investment cash-out terms differ by bank | Varies |
| Long-term, fixed payment | 30-year terms available | Varies; some offer shorter or adjustable terms | Usually short-term only |
| Borrow in an LLC | Standard | Varies; some prefer personal borrowing | Common |
| Loan size | From $150,000 with no stated maximum | Often set by the bank's own limits | Varies |
| Credit score | 620 minimum | Varies | Varies |
| Multi-family up to 8 units | Yes, 1-8 units; 9+ go to /commercial.html | Varies; may move 5+ units to commercial terms | Varies |
Manchester and Nashua hold much of the state's multi-family stock, including older wood-frame two-, three- and six-family buildings near the downtowns and mill districts. Concord, Dover, Rochester and Keene add smaller multi-family and single-family rentals.
On the Seacoast, Portsmouth commands higher values, which can make the rent-to-value ratio harder to clear. The Lakes Region and ski towns have more seasonal properties.
Separate heating systems for each unit are a plus in New Hampshire, since tenant-paid heat keeps your operating costs predictable through long winters.
New Hampshire's real estate transfer tax is charged on transfers of property, not on a standard refinance. If you plan to move a property from your personal name into an LLC around the same time, ask your attorney how the transfer tax applies.
With no broad income or sales tax, the state relies heavily on local property taxes. Town and city rates vary widely, and older multi-family buildings can carry big bills. Use the current tax card and bill from the town.
Many New Hampshire multi-family buildings were built a century ago. Appraisers and insurers will look at heating systems, roofs, electrical and fire safety. If the owner pays heat, that cost does not go into DSCR, but it affects your cash flow.
Buildings built before 1978 may have lead paint, and the state has lead rules for rentals. Check with the state and city on any inspection requirements before you refinance.
Seasoning varies by program. A building held for years cashes out on its appraised value. A recent purchase and renovation may be measured against the purchase price plus documented improvements until it seasons. See /dscr-cash-out-refinance-seasoning.html.
New Hampshire investors commonly put cash-out proceeds toward another multi-family building, unit renovations, or energy upgrades that cut winter heating costs. On 5-8 unit buildings, max LTV can be lower and varies by program, so confirm leverage before you commit to a purchase.
This example is illustrative and not a quote. An investor owns a three-family building in Manchester that appraises at $540,000, with $260,000 left on the current loan. Each unit leases for $1,700. Monthly rent is $5,100, property taxes are budgeted at $750 a month and insurance at $280.
At 75% LTV the new loan is $405,000. After paying off the $260,000 balance, about $145,000 comes out before closing costs. Estimated principal and interest is about $2,694, so the full monthly payment is about $3,724 and DSCR is about 1.37x.
The rent roll covers the payment comfortably, giving the investor room to fund a second building or renovate units.
| Item | 75% LTV cash-out |
|---|---|
| Appraised value | $540,000 |
| New loan amount | $405,000 |
| Existing balance paid off | $260,000 |
| Cash out before closing costs | $145,000 |
| Estimated principal and interest | $2,694 |
| Taxes and insurance | $1,030 |
| Total monthly payment | $3,724 |
| DSCR at $5,100 rent | About 1.37x |
Use this short checklist with every lender you call, including us:
Have the rent roll and leases, the current loan statement, the town tax bill and an insurance quote ready. We will size the loan to the rents.
The quickest next step is the quote form below. Prefer to talk it through? Call (877) 298-1001.
Our top pick is LendingStreet. We qualify on the rent with no tax returns, offer cash-out up to 75% LTV with 30-year terms, and finance 1-8 unit buildings in LLCs across New Hampshire.
Yes. LendingStreet lends throughout New Hampshire, including Manchester, Nashua, Concord, Portsmouth and Dover, and in all 50 states and DC.
It applies to transfers of property, not a standard refinance. Ask your attorney if you are deeding the property into an LLC.
Yes. We finance 1-8 unit rentals. Max LTV on 5-8 units varies by program.
The state relies on local property taxes, and they are part of the payment in the ratio. A high bill lowers DSCR.
No. DSCR uses rent against principal, interest, taxes, insurance and any HOA, but heat still affects your cash flow.
Yes, if the rent supports the payment. Higher Seacoast values often mean a lower LTV.
$150,000, with no stated maximum.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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