DSCR Loans in Boone County, Kentucky
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 61 lenders made 148 investment-property loans in Boone County, 1.9% of Kentucky's total. Dominick Prevete arranges DSCR loans across Boone County, Kentucky, 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 $285,000.
Boone County investor market at a glance
| Statistic | Boone County | Kentucky | County rank |
|---|---|---|---|
| Investor loans | 148 | 7,902 | 11th of 14 |
| Reporting lenders | 61 | 369 | 5th of 14 |
| Loan volume | $32.5M | $1.53B | 9th of 14 |
| Average loan | $219K | $193K | 5th of 14 |
| Median loan | $190K | $155K | 4th of 14 |
| Purchases | 60.8% | 58.5% | 8th of 14 |
| Cash-out refinances | 16.2% | 12.4% | 4th of 14 |
| 2–4 unit properties | 10.8% | 19.3% | 13th of 14 |
| Top five lenders' share | 28.4% | 15.4% | 14th of 14 |
| Reported business-purpose | 73.0% | 60.6% | 5th of 14 |
Boone County: closed-end loans on 1–4 unit investment properties. Boone County's rank is highest first, among Kentucky's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Boone County's investor loans.
What stands out in Boone County
The five most active lenders wrote 28.4% of Boone County's investor loans, the lowest share of Kentucky's 14 counties with published data (statewide: 15.4%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
10.8% of Boone County's investor loans financed a 2–4 unit property, the 2nd-lowest share of Kentucky's 14 counties with published data (statewide: 19.3%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
Does a DSCR loan pencil in Boone County?
At HUD's fair market rent of $1,897 for a 3-bedroom in Boone County, Kentucky, a rental covers its full DSCR payment up to a purchase price of about $285,000, with 20% down at the 7.25% starting rate (November 2026). Boone County's median home value is $277,300; at that price the payment is $1,827 a month, so the property would need $1,850 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) | $1,442 / $1,897 / $2,141 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $277,300 |
| Median property taxes and effective rate | $2,372 (0.86% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,827 |
| Rent needed to cover that payment | $1,850 |
| Coverage of a 3-bedroom at fair market rent | 1.04 |
| Highest price a 3-bedroom at fair market rent covers | about $285,000 |
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 Boone County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Boone County?
The most active investment-property lenders in Boone County in 2025 HMDA data were Kiavi Funding, Inc.; MM LENDING, LLC; and Guardian Savings Bank, out of 61 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 Boone County, and matches each file to the one most likely to fund it.
Boone County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 148 loans and $32.5M from 61 lenders. Kiavi Funding, Inc. led Boone County with 14 loans, 9.5% of the county's total, and the average Boone County loan of $219K compares with $193K across Kentucky.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 14 | $3.1M | $219K | 71.4% |
| MM LENDING, LLC | 10 | $1.9M | $190K | 0.0% |
| Guardian Savings Bank | 7 | $1.8M | $259K | 57.1% |
| United Wholesale Mortgage | 6 | $2.2M | $373K | 83.3% |
| CV3 Financial Services, LLC | 5 | $1.6M | $317K | 60.0% |
| FIRST EQUITY MORTGAGE INCORPORATED | 5 | $1.3M | $261K | 100.0% |
| First National Bank of Kentucky | 5 | $1.2M | $237K | 80.0% |
| Rocket Mortgage, LLC | 5 | $0.9M | $185K | 80.0% |
| VICTORY MORTGAGE, L.L.C. | 5 | $0.8M | $161K | 100.0% |
| The Huntington National Bank | 5 | $0.7M | $139K | 40.0% |
| THE LOAN STORE, INC. | 4 | $0.7M | $180K | 75.0% |
| UNION HOME MORTGAGE CORP. | 4 | $0.5M | $133K | 75.0% |
| AMERICAN HERITAGE LENDING, LLC | 3 | $1.0M | $338K | 66.7% |
| Community Trust Bank, Inc. | 3 | $0.8M | $265K | 66.7% |
| HOMEXPRESS MORTGAGE CORP. | 3 | $0.7M | $242K | 66.7% |
| German American Bank | 3 | $0.6M | $188K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 3 | $0.5M | $155K | 33.3% |
| U.S. Bank National Association | 3 | $0.3M | $115K | 100.0% |
| Forcht Bank, National Association | 2 | $0.8M | $390K | 50.0% |
| Heritage Bank, Inc. | 2 | $0.6M | $310K | 50.0% |
| OCMBC, INC. | 2 | $0.5M | $265K | 50.0% |
| GUARANTEED RATE, INC. | 2 | $0.5M | $250K | 100.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | 2 | $0.5M | $225K | 100.0% |
| LENDINGONE, LLC | 2 | $0.5M | $225K | 0.0% |
| STOCKTON MORTGAGE CORPORATION | 2 | $0.4M | $185K | 50.0% |
117 Kentucky loans (1.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Boone County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Boone County CSV, all 25 lenders
What Boone County's table can't show you: fit. Short-term financing is exempt from HMDA, so Boone County's fix-and-flip and bridge lenders barely appear among its 61 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 Boone County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Boone County |
|---|---|---|---|
| Kenton County, KY | 396 | 88 | Borders Boone County |
| Hamilton County, OH | 1,906 | 221 | Borders Boone County |
| Campbell County, KY | 218 | 82 | About 20 miles away |
| Clermont County, OH | 195 | 72 | About 30 miles away |
| Butler County, OH | 682 | 130 | About 35 miles away |
| Clark County, IN | 218 | 63 | About 60 miles away |
Run the coverage test on your Boone County, Kentucky deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Boone County, Kentucky 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 — Boone County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 61 lenders and 148 loans: 2025 HMDA loan-level data rolled up to Boone County.
- Boone County investor-lender dataset (CSV) — All 25 lenders in the Boone County, Kentucky table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Boone 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 Cincinnati, OH-KY-IN HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Boone 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.