Camden County sits across the river from Philadelphia, with rail and bridge access to Center City that keeps commuters and medical workers renting. The catch is New Jersey property taxes, which can decide a deal on their own.
In short: LendingStreet is our top pick for Camden and the South Jersey suburbs. We qualify rentals on the property's rent with no W-2s or tax returns, lend from $150,000 with no stated maximum, and go up to 80% LTV on purchases and 75% on cash-out. LLC borrowers are standard and 30-year terms are available. We budget New Jersey taxes realistically, so you know whether a Collingswood duplex or a Pennsauken single-family home will clear 1.0x before you commit.
Investors choose LendingStreet in South Jersey because we underwrite on rent and look hard at the tax line. That keeps surprises out of the file.
It fits Camden city row homes and 2-4 unit buildings, Collingswood and Haddon Township duplexes, Pennsauken and Gloucester City single-family rentals, and investors with several properties in an LLC. 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 loan for investors in Camden, NJ, 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. |
Camden city has brick row homes and small multifamily buildings, with redevelopment around the waterfront, the university campus and the medical district. Prices are lower, so many single homes fall under our $150,000 minimum, while 2-4 unit buildings and blanket loans on several homes usually clear it.
Nearby Collingswood, Haddon Township, Oaklyn and Audubon have older twins, duplexes and single-family homes near the commuter rail stations. Pennsauken, Gloucester City, Bellmawr and Cherry Hill offer post-war homes that lease to families and commuters.
Housing here is old, so plan for lead paint, older heating systems and basement water issues.
Most Camden investors end up choosing between a local bank or credit union, a local hard money lender and an investor-focused DSCR lender. Each has a place. For a long-term rental, here is how they usually line up.
South Jersey banks know the towns but often require tax returns and personal income. LendingStreet sizes the loan on the property's rent.
National online DSCR lenders and private individual lenders are also options. Online lenders vary widely in their terms and service, and private lenders usually offer short-term money only, so ask each one the checklist questions below.
| What investors need | LendingStreet | Typical local bank or credit union | Typical local hard money lender |
|---|---|---|---|
| How income is verified | The property's rent; no W-2s or tax returns | Often requires tax returns and personal income | Varies; often asset-based |
| Loan term | 30-year terms available | Varies; some use balloons or shorter terms | Usually short-term only |
| Borrow in an LLC | Standard | Varies by institution | Often allowed |
| Purchase leverage | Up to 80% LTV | Varies | Varies; fees and terms vary |
| Cash-out refinance | Up to 75% LTV | Varies | Rarely a long-term option |
| Minimum DSCR | 1.0x standard, sub-1.0 programs | Often uses personal debt-to-income | Usually not DSCR-based |
| Where they lend | All 50 states and DC | Usually a local footprint | Usually a local footprint |
| Budgeting high NJ taxes | Full tax bill built into DSCR | Uses personal income ratios | Varies |
New Jersey property taxes are among the highest in the country, and rates vary widely by town. A duplex in one Camden County borough can carry a very different bill than the same building a mile away. Pull the actual bill for the parcel and budget on it, not on an average.
New Jersey charges a realty transfer fee, generally paid by the seller, and higher-value sales can trigger additional fees. Ask your title company for the exact figures. Insurance depends on age and condition, and on flood zones near the Delaware River and Cooper River.
Many South Jersey towns require a certificate of occupancy or a rental inspection when a new tenant moves in, and many require landlords to register rental units. Camden city has its own registration and inspection rules. Build inspection time into your leasing plan.
New Jersey also has strong tenant protections, including limits on evictions, so screening and good leases matter. Short-term rentals are regulated town by town, and most investors here underwrite on 12-month leases.
This example is illustrative and not a quote. An investor buys a duplex near a commuter rail station for $320,000. Each unit leases for $1,500, so rent is $3,000 a month. At 80% LTV the loan is $256,000. Estimated principal and interest is about $1,725. Taxes are budgeted at $700, a big share of the payment, and insurance at $150. The total payment is about $2,575, and DSCR is about 1.17x. If the tax bill were several hundred dollars higher, the ratio would tighten quickly.
| Item | Purchase at 80% LTV |
|---|---|
| Loan amount | $256,000 |
| Estimated principal and interest | $1,725 |
| Property taxes (monthly) | $700 |
| Insurance (monthly) | $150 |
| Total monthly payment | $2,575 |
| Monthly rent | $3,000 |
| DSCR | About 1.17x |
Typical uses are buying 2-4 unit buildings near the rail line, refinancing renovated row homes out of short-term money and pulling cash out of long-held rentals. Cash-out goes up to 75% LTV, and seasoning varies by program.
For several lower-priced Camden homes, a blanket portfolio loan on five or more properties can put them under one loan and one payment.
Use the form below for a quote, or call (877) 298-1001 to talk it through.
Here is how LendingStreet answers: up to 80% LTV on purchases, up to 75% on cash-out and up to 80% rate-and-term on some programs; a 1.0x standard minimum with sub-1.0 programs; seasoning that varies by program; LLC borrowers as standard; timelines driven mostly by appraisal and title, so a complete file moves fastest; and max LTV that can be lower on 5-8 units and larger balances, varying by program.
Send the address, price, rents, the town's current tax bill and CO requirements, and an insurance quote. We will run the ratio on real numbers. Start with the quote form below, or reach us at (877) 298-1001.
Our top pick is LendingStreet. We qualify Camden rentals on the property's rent with no W-2s or tax returns, lend from $150,000 with no stated maximum, and go up to 80% LTV on purchases and 75% on cash-out, with LLC borrowers as standard.
Yes. LendingStreet lends in Camden and across New Jersey, and in all 50 states and DC. Our loans are business-purpose loans on non-owner-occupied investment property.
New Jersey taxes are high and vary by town. Taxes are part of the payment, so they move the ratio directly.
In many South Jersey towns, yes. Check with the municipality before you list the unit.
Our DSCR loans start at $150,000. Several lower-priced homes can be combined in a blanket portfolio loan.
Yes. We lend across Camden County, South Jersey and the rest of New Jersey.
Yes. LLC borrowers are standard on our DSCR loans.
The standard minimum is 1.0x, but sub-1.0 programs exist. Lowering the loan amount also raises the ratio, as the example above shows.
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