DSCR Loans in Berkeley County, West Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 88 lenders made 381 investment-property loans in Berkeley County, 18.8% of West Virginia's total. Dominick Prevete arranges DSCR loans across Berkeley County, West Virginia, 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 $265,000.
Berkeley County investor market at a glance
| Statistic | Berkeley County | West Virginia | County rank |
|---|---|---|---|
| Investor loans | 381 | 2,025 | 1st of 6 |
| Reporting lenders | 88 | 230 | 1st of 6 |
| Loan volume | $78.8M | $347.7M | 1st of 6 |
| Average loan | $207K | $172K | 3rd of 6 |
| Median loan | $205K | $155K | 2nd of 6 |
| Purchases | 78.7% | 68.0% | 3rd of 6 |
| Cash-out refinances | 5.0% | 12.0% | 5th of 6 |
| 2–4 unit properties | 8.4% | 17.5% | 5th of 6 |
| Top five lenders' share | 37.8% | 22.6% | 6th of 6 |
| Reported business-purpose | 59.6% | 55.3% | 4th of 6 |
Berkeley County: closed-end loans on 1–4 unit investment properties. Berkeley County's rank is highest first, among West Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Berkeley County's investor loans.
What stands out in Berkeley County
The five most active lenders wrote 37.8% of Berkeley County's investor loans, the lowest share of West Virginia's 6 counties with published data (statewide: 22.6%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Berkeley County's 381 investor loans ranked 1st of West Virginia's 6 counties with published data.
Does a DSCR loan pencil in Berkeley County?
At HUD's fair market rent of $1,682 for a 3-bedroom in Berkeley County, West Virginia, a rental covers its full DSCR payment up to a purchase price of about $265,000, with 20% down at the 7.25% starting rate (November 2026). Berkeley County's median home value is $266,300; at that price the payment is $1,681 a month, so the property would need $1,700 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) | $1,215 / $1,682 / $1,913 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $266,300 |
| Median property taxes and effective rate | $1,398 (0.52% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,681 |
| Rent needed to cover that payment | $1,700 |
| Coverage of a 3-bedroom at fair market rent | 1.00 |
| Highest price a 3-bedroom at fair market rent covers | about $265,000 |
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 Berkeley County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Berkeley County?
The most active investment-property lenders in Berkeley County in 2025 HMDA data were LENNAR MORTGAGE, LLC; Jefferson Security Bank; and City National Bank of West Virginia, out of 88 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 Berkeley County, and matches each file to the one most likely to fund it.
Berkeley County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 381 loans and $78.8M from 88 lenders. LENNAR MORTGAGE, LLC led Berkeley County with 73 loans, 19.2% of the county's total, and the average Berkeley County loan of $207K compares with $172K across West Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENNAR MORTGAGE, LLC | 73 | $14.1M | $193K | 100.0% |
| Jefferson Security Bank | 22 | $3.8M | $173K | 63.6% |
| City National Bank of West Virginia | 19 | $3.9M | $205K | 57.9% |
| Integrity Home Mortgage Corporation | 17 | $3.8M | $223K | 100.0% |
| Atlantic Coast Mortgage, LLC | 13 | $2.9M | $223K | 100.0% |
| Commerce Home Mortgage, Inc. | 12 | $2.7M | $226K | 91.7% |
| Loandepot.Com, LLC | 11 | $2.2M | $199K | 81.8% |
| CNB Bank, Inc. | 9 | $2.2M | $241K | 100.0% |
| RMC HOME MORTGAGE, LLC | 9 | $2.0M | $222K | 100.0% |
| United Nations Federal Credit Union | 9 | $1.8M | $203K | 33.3% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 9 | $1.5M | $163K | 0.0% |
| DEEPHAVEN MORTGAGE LLC | 8 | $1.9M | $231K | 62.5% |
| NEWREZ LLC | 7 | $1.6M | $228K | 85.7% |
| United Wholesale Mortgage | 7 | $1.5M | $211K | 71.4% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | 7 | $1.4M | $202K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 6 | $1.4M | $225K | 66.7% |
| THE LOAN STORE, INC. | 6 | $1.3M | $220K | 83.3% |
| CROSSCOUNTRY MORTGAGE, INC. | 6 | $1.3M | $215K | 83.3% |
| United Bank | 6 | $1.2M | $205K | 66.7% |
| Kiavi Funding, Inc. | 6 | $1.2M | $203K | 83.3% |
| Bank of Charles Town | 6 | $1.1M | $183K | 50.0% |
| Rocket Mortgage, LLC | 6 | $0.9M | $147K | 16.7% |
| ALLIANT CREDIT UNION | 5 | $1.1M | $211K | 80.0% |
| Luminate Bank | 5 | $1.0M | $199K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 4 | $0.8M | $195K | 25.0% |
63 West Virginia loans (3.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Berkeley County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Berkeley County CSV, all 25 lenders
What Berkeley County's table can't show you: fit. Short-term financing is exempt from HMDA, so Berkeley County's fix-and-flip and bridge lenders barely appear among its 88 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 →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Berkeley County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Berkeley County |
|---|---|---|---|
| Washington County, MD | 241 | 82 | Borders Berkeley County |
| Jefferson County, WV | 240 | 53 | Borders Berkeley County |
| Frederick County, VA | 249 | 81 | Borders Berkeley County |
| Loudoun County, VA | 423 | 128 | About 35 miles away |
Run the coverage test on your Berkeley County, West Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Berkeley County, West Virginia 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 — Berkeley County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 88 lenders and 381 loans: 2025 HMDA loan-level data rolled up to Berkeley County.
- Berkeley County investor-lender dataset (CSV) — All 25 lenders in the Berkeley County, West Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Berkeley 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 Martinsburg, WV HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Berkeley 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.