DSCR Loans in Allen County, Indiana
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 108 lenders made 460 investment-property loans in Allen County, 4.2% of Indiana's total. Dominick Prevete arranges DSCR loans across Allen County, Indiana, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $230,000.
Allen County investor market at a glance
| Statistic | Allen County | Indiana | County rank |
|---|---|---|---|
| Investor loans | 460 | 10,971 | 5th of 21 |
| Reporting lenders | 108 | 497 | 4th of 21 |
| Loan volume | $76.8M | $2.81B | 7th of 21 |
| Average loan | $167K | $256K | 15th of 21 |
| Median loan | $145K | $145K | 12th of 21 |
| Purchases | 60.7% | 56.9% | 10th of 21 |
| Cash-out refinances | 16.3% | 19.4% | 11th of 21 |
| 2–4 unit properties | 15.9% | 16.6% | 10th of 21 |
| Top five lenders' share | 32.2% | 20.0% | 18th of 21 |
| Reported business-purpose | 63.0% | 71.5% | 15th of 21 |
Allen County: closed-end loans on 1–4 unit investment properties. Allen County's rank is highest first, among Indiana's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Allen County's investor loans.
What stands out in Allen County
The five most active lenders wrote 32.2% of Allen County's investor loans, the 4th-lowest share of Indiana's 21 counties with published data (statewide: 20.0%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Allen County's 460 investor loans ranked 5th of Indiana's 21 counties with published data.
Does a DSCR loan pencil in Allen County?
At HUD's fair market rent of $1,534 for a 3-bedroom in Allen County, Indiana, a rental covers its full DSCR payment up to a purchase price of about $230,000, with 20% down at the 7.25% starting rate (November 2026). Allen County's median home value is $214,900; at that price the payment is $1,403 a month, so the property would need $1,425 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,248 / $1,534 / $1,679 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $214,900 |
| Median property taxes and effective rate | $1,689 (0.79% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,403 |
| Rent needed to cover that payment | $1,425 |
| Coverage of a 3-bedroom at fair market rent | 1.09 |
| Highest price a 3-bedroom at fair market rent covers | about $230,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Allen County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Allen County?
The most active investment-property lenders in Allen County in 2025 HMDA data were Three Rivers Federal Credit Union; Kiavi Funding, Inc.; and RUOFF MORTGAGE COMPANY, INC., out of 108 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including one that reported in Allen County, and matches each file to the one most likely to fund it.
Allen County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 460 loans and $76.8M from 108 lenders. Three Rivers Federal Credit Union led Allen County with 43 loans, 9.3% of the county's total, and the average Allen County loan of $167K compares with $256K across Indiana.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Three Rivers Federal Credit Union | 43 | $6.2M | $143K | 69.8% |
| Kiavi Funding, Inc. | 32 | $4.6M | $144K | 37.5% |
| RUOFF MORTGAGE COMPANY, INC. | 26 | $3.8M | $146K | 88.5% |
| Old National Bank | 25 | $5.3M | $211K | 36.0% |
| MidWest America Federal Credit Union | 22 | $5.9M | $269K | 50.0% |
| The Garrett State Bank | 20 | $2.3M | $116K | 85.0% |
| First Federal Savings Bank | 15 | $1.9M | $130K | 93.3% |
| First Merchants Bank | 14 | $3.3M | $234K | 21.4% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 12 | $1.5M | $125K | 75.0% |
| JPMorgan Chase Bank, National Association | 11 | $1.4M | $126K | 72.7% |
| Crossroads Bank | 10 | $1.5M | $147K | 50.0% |
| MOVEMENT MORTGAGE, LLC | 10 | $1.2M | $120K | 100.0% |
| Rocket Mortgage, LLC | 9 | $1.4M | $156K | 77.8% |
| GVC MORTGAGE, INC. | 9 | $1.1M | $125K | 66.7% |
| LEI:254900TSA1PSM0OS4798 | 9 | $1.0M | $114K | 0.0% |
| FORT FINANCIAL Federal Credit Union | 7 | $1.3M | $182K | 85.7% |
| PROFED CREDIT UNION | 7 | $1.0M | $141K | 57.1% |
| DHI MORTGAGE COMPANY, LTD. | 6 | $1.4M | $233K | 100.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 6 | $1.1M | $175K | 50.0% |
| STOCKTON MORTGAGE CORPORATION | 5 | $0.8M | $165K | 40.0% |
| Union Savings Bank | 5 | $0.7M | $149K | 80.0% |
| THE LOAN STORE, INC. | 5 | $0.6M | $129K | 20.0% |
| First Financial Bank, National Association | 4 | $1.4M | $355K | 25.0% |
| First Bank of Berne | 4 | $1.0M | $243K | 100.0% |
| 1st Source Bank | 4 | $0.9M | $230K | 75.0% |
387 Indiana loans (3.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Allen County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Allen County CSV, all 25 lenders
What Allen County's table can't show you: fit. Short-term financing is exempt from HMDA, so Allen County's fix-and-flip and bridge lenders barely appear among its 108 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Allen County, Indiana deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Allen County, Indiana property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Allen County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 108 lenders and 460 loans: 2025 HMDA loan-level data rolled up to Allen County.
- Allen County investor-lender dataset (CSV) — All 25 lenders in the Allen County, Indiana table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Allen County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Fort Wayne, IN HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Allen County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.