Camden County sits across the Delaware River from Philadelphia, with PATCO trains into Center City. The city of Camden itself has modest prices; large rental loans here usually involve suburban homes in Haddonfield or Cherry Hill, or a portfolio of smaller rentals.
In short: LendingStreet offers jumbo DSCR loans of about $1.5M to $5M+ in Camden County, qualified on rent with no W-2s or tax returns. Most large files here are portfolios, 5 to 8 unit buildings or high-end homes in Haddonfield, Cherry Hill or nearby Moorestown. New Jersey's property taxes, lead-safe certification law and municipal rental rules all shape the ratio.
In Camden city, rentals are mostly rowhomes and small multi-unit buildings, with very modest values; jumbo balances there come only from portfolios. Collingswood, Haddon Township and Audubon have older homes and small buildings along the PATCO line.
Haddonfield and parts of Cherry Hill, Voorhees and Haddon Heights have larger homes, and Moorestown in Burlington County is close by. These areas draw Philadelphia commuters, hospital staff from Cooper University Health Care and Virtua, and families who rent while relocating or building.
| Route | Towns | Check |
|---|---|---|
| Portfolio | Camden, Pennsauken, Lindenwold, Gloucester City | Municipal rental registration and inspection |
| 5 to 8 unit building | Collingswood, Haddon Township, Audubon | Certificate of occupancy, lead-safe certification |
| High-end home | Haddonfield, Cherry Hill, Moorestown | Very high taxes, comparable leases |
A jumbo DSCR loan is a debt service coverage ratio loan with a larger balance, roughly $1.5M to $5M+ at LendingStreet. It covers purchases, rate-and-term refinances and cash-out refinances on 1 to 8 unit rentals held for investment.
Qualification rests on the property's rent compared with the full monthly payment, not on W-2s or tax returns. The standard minimum DSCR is 1.0x, the minimum credit score is 620, LLC borrowers are standard and 30-year terms are available. Purchases go up to 80% LTV and cash-out up to 75% LTV, but on bigger balances the maximum is often lower and varies by program.
New Jersey property taxes are the highest in the country on average, and Camden County towns are no exception. On a high-value home, taxes can be the largest line after principal and interest. Get the exact bill for the parcel and budget on it in full.
New Jersey charges a realty transfer fee and adds extra charges on residential sales above $1 million, and the rules on those charges changed in 2025. Confirm who pays and how much with your title company before you set your budget.
Towns in Camden County revalue or reassess on their own schedules, and some go many years between full revaluations. After one, bills can shift sharply between neighbors. Ask the municipal tax assessor whether a revaluation is planned, and treat a recently revalued town's numbers as more reliable than an older town's.
This example is illustrative and not a quote. Consider a portfolio refinance. An investor owns 18 rowhomes and twins in Camden, Pennsauken and Gloucester City, with a combined value of $2,250,000. Rent totals $27,000 a month, with taxes estimated at $4,600 a month and insurance at $2,100.
Borrowing $1,688,000, which is 75% LTV, gives estimated principal and interest near $11,659 and a full payment near $18,359: a DSCR of about 1.47x. Borrowing $1,462,000 at 65% LTV gives estimated principal and interest near $10,098, a payment near $16,798 and a DSCR of about 1.61x.
New Jersey taxes take a large bite even on modest homes, which is why it pays to use real tax bills for each parcel instead of an average.
| Item | 75% LTV | 65% LTV |
|---|---|---|
| Loan amount | $1,688,000 | $1,462,000 |
| Estimated principal and interest | $11,659 | $10,098 |
| Property taxes | $4,600 | $4,600 |
| Insurance | $2,100 | $2,100 |
| Total monthly payment | $18,359 | $16,798 |
| Monthly rent | $27,000 | $27,000 |
| DSCR | About 1.47x | About 1.61x |
New Jersey's lead-safe certification law requires most rentals built before 1978 to be inspected for lead-based paint hazards, generally at tenant turnover and on a set schedule. Many Camden County homes fall under it. Insurers also look at roof, heating and electrical updates.
Many New Jersey towns require rental registration and a certificate of occupancy or rental inspection on each tenant change. Rules differ between Camden, Cherry Hill, Haddonfield and Collingswood, and penalties for leasing without them can be steep.
New Jersey's tenant protection laws are strong, including limits on eviction grounds, and leases generally renew unless the landlord has a legal cause to end them. That makes tenant screening and accurate rent at the start of a lease more important, because you may hold that tenant for years.
Most jumbo files here are underwritten on 12-month leases. Short-term rentals near the Philadelphia stadiums or the PATCO line are regulated town by town, and several South Jersey towns restrict them.
Camden city rarely produces a jumbo loan by itself. In this county, jumbo usually means a portfolio, a small building or a high-end suburban home.
Underwriting tightens as the loan grows. Reserves are typically higher, appraisals are reviewed more closely and a second valuation may be required on some programs. At the top end, few nearby sales and leases match the subject property, so documentation of rent matters.
If coverage falls short, you can bring more cash, resize the loan or look at a sub-1.0 DSCR program.
For refinances, the same rules apply with a few changes: cash-out is capped at 75% LTV and frequently set lower for big balances, rate-and-term goes to 80% LTV on some programs, and the ownership period required before cash-out varies by program.
Gather these before you ask for terms; a complete package gets a faster answer.
Our investor loans are business-purpose loans on non-owner-occupied property. See our New Jersey jumbo DSCR page for statewide context.
Share the address, the rent roll or lease, the value and your target loan amount. LendingStreet will size the loan against realistic carrying costs and show how coverage changes with leverage. Get a quote through the form below or call (877) 298-1001.
If they were built before 1978, most likely yes, with some exceptions. Inspections are generally required at tenant turnover or on a set schedule.
Our jumbo DSCR loans run from about $1.5M to $5M+. DSCR programs have no stated maximum, but larger balances are reviewed case by case and usually carry lower maximum LTV and higher reserves.
New Jersey relies heavily on property taxes. Use each parcel's actual bill in your budget.
No. The loan is qualified on the rental's cash flow, not your W-2s or tax returns. Credit (620 minimum), reserves and the source of your down payment are still reviewed.
Many towns require one or a rental inspection. Check each municipality's rules.
Yes, LLC ownership is standard on DSCR loans. Have the entity documents ready, and plan to sign for the loan personally.
No. Our investor loans are business-purpose loans on non-owner-occupied property held as rentals.
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