DSCR Loans in Boone County, Missouri
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 80 lenders made 508 investment-property loans in Boone County, 3.3% of Missouri's total. Dominick Prevete arranges DSCR loans across Boone County, Missouri, 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 $220,000.
Boone County investor market at a glance
| Statistic | Boone County | Missouri | County rank |
|---|---|---|---|
| Investor loans | 508 | 15,393 | 6th of 22 |
| Reporting lenders | 80 | 534 | 10th of 22 |
| Loan volume | $119.8M | $2.82B | 6th of 22 |
| Average loan | $236K | $183K | 6th of 22 |
| Median loan | $205K | $145K | 3rd of 22 |
| Purchases | 69.9% | 61.2% | 6th of 22 |
| Cash-out refinances | 9.1% | 12.1% | 11th of 22 |
| 2–4 unit properties | 33.5% | 19.1% | 3rd of 22 |
| Top five lenders' share | 49.2% | 18.3% | 8th of 22 |
| Reported business-purpose | 54.1% | 63.6% | 12th of 22 |
Boone County: closed-end loans on 1–4 unit investment properties. Boone County's rank is highest first, among Missouri'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
33.5% of Boone County's investor loans financed a 2–4 unit property, the 3rd-highest share of Missouri's 22 counties with published data (statewide: 19.1%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The median investor loan in Boone County was $205K, the 3rd-highest median of Missouri's 22 counties with published data (statewide: $145K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in Boone County?
At HUD's fair market rent of $1,459 for a 3-bedroom in Boone County, Missouri, a rental covers its full DSCR payment up to a purchase price of about $220,000, with 20% down at the 7.25% starting rate (November 2026). Boone County's median home value is $272,800; at that price the payment is $1,796 a month, so the property would need $1,800 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,076 / $1,459 / $1,676 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $272,800 |
| Median property taxes and effective rate | $2,328 (0.85% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,796 |
| Rent needed to cover that payment | $1,800 |
| Coverage of a 3-bedroom at fair market rent | 0.81 |
| Highest price a 3-bedroom at fair market rent covers | about $220,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $325,000 |
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 The Central Trust Bank, Mid America Bank and River Region Credit Union, out of 80 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 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: 508 loans and $119.8M from 80 lenders. The Central Trust Bank led Boone County with 108 loans, 21.3% of the county's total, and the average Boone County loan of $236K compares with $183K across Missouri.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| The Central Trust Bank | 108 | $22.6M | $209K | 88.9% |
| Mid America Bank | 51 | $15.1M | $295K | 78.4% |
| River Region Credit Union | 36 | $8.0M | $223K | 75.0% |
| The Bank of Missouri | 30 | $10.0M | $334K | 60.0% |
| First Midwest Bank of the Ozarks | 25 | $6.9M | $275K | 40.0% |
| First State Community Bank | 25 | $6.7M | $269K | 72.0% |
| The Callaway Bank | 24 | $4.4M | $183K | 66.7% |
| FLAT BRANCH MORTGAGE, INC. | 16 | $3.1M | $195K | 93.8% |
| Hawthorn Bank | 15 | $2.6M | $171K | 73.3% |
| Exchange Bank of Missouri | 14 | $3.3M | $237K | 21.4% |
| Connections Bank | 13 | $2.2M | $170K | 76.9% |
| Simmons Bank | 12 | $4.7M | $391K | 83.3% |
| First State Bank of St. Charles, Missouri | 9 | $1.8M | $203K | 55.6% |
| GUILD MORTGAGE COMPANY | 9 | $1.5M | $167K | 55.6% |
| The Missouri Bank | 6 | $2.4M | $395K | 66.7% |
| Commerce Bank | 6 | $1.4M | $225K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 5 | $1.3M | $251K | 20.0% |
| COMMERCIAL TRUST COMPANY OF FAYETTE | 4 | $1.1M | $273K | 75.0% |
| BPL MORTGAGE TRUST, LLC | 4 | $0.9M | $218K | 0.0% |
| Bankers Trust Company | 4 | $0.7M | $178K | 0.0% |
| DAS Acquisition Company, LLC | 4 | $0.7M | $175K | 50.0% |
| Sullivan Bank | 4 | $0.5M | $113K | 75.0% |
| Rocket Mortgage, LLC | 3 | $0.8M | $275K | 0.0% |
| THE LOAN STORE, INC. | 3 | $0.8M | $262K | 0.0% |
| General Mortgage Capital Corporation | 3 | $0.8M | $255K | 66.7% |
561 Missouri loans (3.6%) 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 October 31, 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 80 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 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 Boone County, Missouri deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Boone County, Missouri 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 80 lenders and 508 loans: 2025 HMDA loan-level data rolled up to Boone County.
- Boone County investor-lender dataset (CSV) — All 25 lenders in the Boone County, Missouri 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 Columbia, MO 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.