DSCR Loans in Baltimore city, Maryland
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 215 lenders made 2,408 investment-property loans in Baltimore city, 24.8% of Maryland's total. Dominick Prevete arranges DSCR loans across Baltimore city, Maryland, 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 $350,000.
Baltimore city investor market at a glance
| Statistic | Baltimore city | Maryland | County rank |
|---|---|---|---|
| Investor loans | 2,408 | 9,728 | 1st of 15 |
| Reporting lenders | 215 | 412 | 1st of 15 |
| Loan volume | $453.8M | $2.59B | 1st of 15 |
| Average loan | $188K | $266K | 14th of 15 |
| Median loan | $155K | $225K | 15th of 15 |
| Purchases | 46.0% | 56.1% | 15th of 15 |
| Cash-out refinances | 30.2% | 20.9% | 2nd of 15 |
| 2–4 unit properties | 14.3% | 7.2% | 3rd of 15 |
| Top five lenders' share | 37.6% | 24.7% | 1st of 15 |
| Reported business-purpose | 85.6% | 75.0% | 1st of 15 |
Baltimore city: closed-end loans on 1–4 unit investment properties. Baltimore city's rank is highest first, among Maryland's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Baltimore city's investor loans.
What stands out in Baltimore city
By share of investor loans reported as business-purpose, Baltimore city ranks highest of Maryland's 15 counties with published data (statewide: 75.0%).
85.6% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The median investor loan in Baltimore city was $155K, the lowest median of Maryland's 15 counties with published data (statewide: $225K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
46.0% of Baltimore city's investor loans were purchases, the lowest share of Maryland's 15 counties with published data (statewide: 56.1%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Baltimore city?
At HUD's fair market rent of $2,509 for a 3-bedroom in Baltimore city, Maryland, a rental covers its full DSCR payment up to a purchase price of about $350,000, with 20% down at the 7.25% starting rate (November 2026). Baltimore city's median home value is $229,600; at that price the payment is $1,628 a month, so the property would need $1,650 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) | $2,006 / $2,509 / $2,789 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $229,600 |
| Median property taxes and effective rate | $3,354 (1.46% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,628 |
| Rent needed to cover that payment | $1,650 |
| Coverage of a 3-bedroom at fair market rent | 1.54 |
| Highest price a 3-bedroom at fair market rent covers | about $350,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $565,000 |
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 Baltimore city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Baltimore city?
The most active investment-property lenders in Baltimore city in 2025 HMDA data were CV3 FINANCIAL SERVICES, LLC; UNITED SHORE FINANCIAL SERVICES, LLC; and Kiavi Funding, Inc., out of 215 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 several that reported in Baltimore city, and matches each file to the one most likely to fund it.
Baltimore city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,408 loans and $453.8M from 215 lenders. CV3 FINANCIAL SERVICES, LLC led Baltimore city with 269 loans, 11.2% of the county's total, and the average Baltimore city loan of $188K compares with $266K across Maryland.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CV3 FINANCIAL SERVICES, LLC | 269 | $46.9M | $174K | 60.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 228 | $39.0M | $171K | 30.3% |
| Kiavi Funding, Inc. | 172 | $31.3M | $182K | 63.4% |
| DOMINION FINANCIAL SERVICES, LLC | 120 | $23.5M | $196K | 30.8% |
| BPL MORTGAGE TRUST, LLC | 117 | $18.0M | $153K | 21.4% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 89 | $19.2M | $216K | 43.8% |
| Loan Funder LLC | 77 | $16.3M | $212K | 67.5% |
| Rocket Mortgage, LLC | 56 | $8.5M | $152K | 46.4% |
| OCMBC, INC. | 52 | $10.4M | $200K | 25.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 51 | $12.3M | $241K | 60.8% |
| NEWREZ LLC | 46 | $8.5M | $184K | 56.5% |
| Citadel Servicing Corporation | 44 | $7.8M | $178K | 13.6% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 42 | $6.7M | $158K | 7.1% |
| DEEPHAVEN MORTGAGE LLC | 38 | $6.0M | $158K | 73.7% |
| NYMEO FEDERAL CREDIT UNION | 37 | $4.8M | $129K | 8.1% |
| CHAMPIONS FUNDING, LLC | 36 | $6.4M | $178K | 27.8% |
| FIRST HOME MORTGAGE CORPORATION | 35 | $8.3M | $237K | 82.9% |
| NFM, INC. | 31 | $5.7M | $185K | 64.5% |
| AMERICAN HERITAGE LENDING, LLC | 30 | $8.0M | $265K | 16.7% |
| HOMEXPRESS MORTGAGE CORP. | 30 | $5.5M | $183K | 16.7% |
| Emporium TPO LLC | 25 | $4.0M | $158K | 76.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 23 | $4.2M | $182K | 43.5% |
| Commerce Home Mortgage, Inc. | 22 | $4.8M | $217K | 50.0% |
| LENDINGONE, LLC | 22 | $4.8M | $216K | 31.8% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 18 | $3.0M | $164K | 94.4% |
784 Maryland loans (8.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Baltimore city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Baltimore city CSV, all 25 lenders
What Baltimore city's table can't show you: fit. Short-term financing is exempt from HMDA, so Baltimore city's fix-and-flip and bridge lenders barely appear among its 215 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 several 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 Baltimore city, Maryland deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Baltimore city, Maryland 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 — Baltimore city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 215 lenders and 2,408 loans: 2025 HMDA loan-level data rolled up to Baltimore city.
- Baltimore city investor-lender dataset (CSV) — All 25 lenders in the Baltimore city, Maryland table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Baltimore city'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 Baltimore-Columbia-Towson, MD MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Baltimore city'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.