Requirements
New Silver lending requirements
The published qualifying criteria for New Silver — the thresholds a deal is screened against before anything else about it matters. Verified Sep 17, 2026.
Minimum credit score
660
New Silver sets its credit floor at 660. A borrower scoring below that is not eligible for this program, independent of how the property itself cash-flows.
Minimum DSCR
0.75
A 0.75 minimum accepts a property whose rent covers only 75% of its full monthly payment — principal, interest, taxes, insurance and association dues. A property renting for $1,500 against a $2,000 payment scores exactly a 0.75 DSCR and clears this floor; the same property would be declined outright at a program whose floor sits at 1.00. See How DSCR is calculated.
Maximum leverage
85% LTV / 90% LTC
Maximum loan-to-value is 85% of the property's appraised value — the borrower brings at least 15% of value in cash or equity. Maximum loan-to-cost is 90% of total project cost — purchase price plus rehab budget. That is the binding number on a value-add deal where the finished value will exceed the purchase price, since an LTV cap alone would understate what New Silver will actually lend against the project.
Loan size
$100,000 – $3,000,000
Loan sizes run from $100,000 to $3,000,000. A deal outside that band, in either direction, is outside New Silver's box regardless of credit score or DSCR.
State coverage
39 states
New Silver is licensed in 39 states as of the verification date below. A property outside that footprint is not eligible here regardless of how it scores on every other criterion.
Reading these thresholds together
New Silver publishes 5 of the 7 criteria categories this directory tracks (credit score, DSCR, leverage, loan size, entity requirement, origination channel, and state coverage). Any category not shown above is not publicly disclosed by New Silver as of Sep 17, 2026 — treat an absent category as unknown, not as "no requirement."
None of these thresholds are guarantees. A deal that clears every published floor still goes through underwriting on the specific property, borrower history, and documentation and entity structure . These are the gates a deal has to clear before that review even starts.