DSCR Loans in Carroll County, Maryland
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 68 lenders made 126 investment-property loans in Carroll County, 1.3% of Maryland's total. Dominick Prevete arranges DSCR loans across Carroll County, 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 $375,000.
Carroll County investor market at a glance
| Statistic | Carroll County | Maryland | County rank |
|---|---|---|---|
| Investor loans | 126 | 9,728 | 13th of 15 |
| Reporting lenders | 68 | 412 | 12th of 15 |
| Loan volume | $36.9M | $2.59B | 12th of 15 |
| Average loan | $293K | $266K | 6th of 15 |
| Median loan | $265K | $225K | 7th of 15 |
| Purchases | 65.9% | 56.1% | 4th of 15 |
| Cash-out refinances | 15.1% | 20.9% | 13th of 15 |
| 2–4 unit properties | 15.1% | 7.2% | 2nd of 15 |
| Top five lenders' share | 26.2% | 24.7% | 10th of 15 |
| Reported business-purpose | 65.1% | 75.0% | 11th of 15 |
Carroll County: closed-end loans on 1–4 unit investment properties. Carroll County's rank is highest first, among Maryland's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Carroll County's investor loans.
What stands out in Carroll County
15.1% of Carroll County's investor loans financed a 2–4 unit property, the 2nd-highest share of Maryland's 15 counties with published data (statewide: 7.2%).
2–4 unit properties are a larger share here than in most of Maryland. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
15.1% of Carroll County's investor loans were cash-out refinances, the 3rd-lowest share of Maryland's 15 counties with published data (statewide: 20.9%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Carroll County?
At HUD's fair market rent of $2,509 for a 3-bedroom in Carroll County, Maryland, a rental covers its full DSCR payment up to a purchase price of about $375,000, with 20% down at the 7.25% starting rate (November 2026). Carroll County's median home value is $434,000; at that price the payment is $2,877 a month, so the property would need $2,900 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) | $2,006 / $2,509 / $2,789 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $434,000 |
| Median property taxes and effective rate | $3,934 (0.91% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,877 |
| Rent needed to cover that payment | $2,900 |
| Coverage of a 3-bedroom at fair market rent | 0.87 |
| Highest price a 3-bedroom at fair market rent covers | about $375,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $605,000 |
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 Carroll County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Carroll County?
The most active investment-property lenders in Carroll County in 2025 HMDA data were ACNB Bank; UNITED SHORE FINANCIAL SERVICES, LLC; and Kiavi Funding, Inc., out of 68 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 Carroll County, and matches each file to the one most likely to fund it.
Carroll County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 126 loans and $36.9M from 68 lenders. ACNB Bank led Carroll County with 8 loans, 6.3% of the county's total, and the average Carroll County loan of $293K compares with $266K across Maryland.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| ACNB Bank | 8 | $2.4M | $303K | 62.5% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 8 | $2.0M | $248K | 37.5% |
| Kiavi Funding, Inc. | 7 | $2.6M | $369K | 71.4% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 5 | $1.9M | $375K | 60.0% |
| FARMERS AND MERCHANTS BANK | 5 | $1.4M | $277K | 80.0% |
| DOMINION FINANCIAL SERVICES, LLC | 5 | $1.2M | $245K | 80.0% |
| Horizon Farm Credit, ACA | 4 | $1.2M | $300K | 100.0% |
| Commerce Home Mortgage, Inc. | 4 | $1.0M | $250K | 50.0% |
| NEWREZ LLC | 4 | $0.8M | $208K | 100.0% |
| SWBC MORTGAGE CORPORATION | 3 | $0.8M | $278K | 66.7% |
| OCMBC, INC. | 3 | $0.8M | $278K | 66.7% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $0.8M | $268K | 66.7% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 3 | $0.6M | $202K | 100.0% |
| Rocket Mortgage, LLC | 3 | $0.6M | $185K | 66.7% |
| Manufacturers and Traders Trust Company | 2 | $1.1M | $570K | 100.0% |
| Shore United Bank, N.A. | 2 | $1.1M | $545K | 100.0% |
| Atlantic Union Bank | 2 | $0.7M | $350K | 50.0% |
| First Federal Bank | 2 | $0.6M | $310K | 0.0% |
| NFM, INC. | 2 | $0.6M | $300K | 50.0% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | 2 | $0.5M | $260K | 0.0% |
| KIND LENDING, LLC | 2 | $0.5M | $260K | 100.0% |
| MDE HOME LOANS, LLC | 1 | $0.8M | $805K | 0.0% |
| First National Bank of America | 1 | $0.6M | $635K | 100.0% |
| GUARANTEED RATE, INC. | 1 | $0.6M | $575K | 100.0% |
| LENDINGONE, LLC | 1 | $0.5M | $495K | 100.0% |
784 Maryland loans (8.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Carroll County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Carroll County CSV, all 25 lenders
What Carroll County's table can't show you: fit. Short-term financing is exempt from HMDA, so Carroll County's fix-and-flip and bridge lenders barely appear among its 68 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 Carroll County, Maryland deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Carroll County, 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 — Carroll County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 68 lenders and 126 loans: 2025 HMDA loan-level data rolled up to Carroll County.
- Carroll County investor-lender dataset (CSV) — All 25 lenders in the Carroll County, Maryland table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Carroll 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 Baltimore-Columbia-Towson, MD MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Carroll 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.