DSCR Loans in Chelan County, Washington
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 54 lenders made 112 investment-property loans in Chelan County, 1.1% of Washington's total. Dominick Prevete arranges DSCR loans across Chelan County, Washington, 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 $305,000.
Chelan County investor market at a glance
| Statistic | Chelan County | Washington | County rank |
|---|---|---|---|
| Investor loans | 112 | 9,950 | 15th of 17 |
| Reporting lenders | 54 | 382 | 12th of 17 |
| Loan volume | $48.2M | $4.66B | 13th of 17 |
| Average loan | $431K | $468K | 4th of 17 |
| Median loan | $385K | $395K | 4th of 17 |
| Purchases | 60.7% | 53.8% | 2nd of 17 |
| Cash-out refinances | 22.3% | 18.8% | 7th of 17 |
| 2–4 unit properties | 17.0% | 13.9% | 8th of 17 |
| Top five lenders' share | 29.5% | 20.1% | 9th of 17 |
| Reported business-purpose | 67.9% | 74.8% | 17th of 17 |
Chelan County: closed-end loans on 1–4 unit investment properties. Chelan County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Chelan County's investor loans.
What stands out in Chelan County
67.9% of Chelan County's investor loans were reported as business-purpose, the lowest share of Washington's 17 counties with published data (statewide: 74.8%).
Fewer investor loans here were reported as business-purpose than in most of Washington. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
60.7% of Chelan County's investor loans were purchases, the 2nd-highest share of Washington's 17 counties with published data (statewide: 53.8%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
The average investor loan in Chelan County was $431K, the 4th-highest average of Washington's 17 counties with published data (statewide: $468K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in Chelan County?
At HUD's fair market rent of $1,989 for a 3-bedroom in Chelan County, Washington, a rental covers its full DSCR payment up to a purchase price of about $305,000, with 20% down at the 7.25% starting rate (November 2026). Chelan County's median home value is $490,100; at that price the payment is $3,171 a month, so the property would need $3,175 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) | $1,467 / $1,989 / $2,452 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $490,100 |
| Median property taxes and effective rate | $3,503 (0.71% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,171 |
| Rent needed to cover that payment | $3,175 |
| Coverage of a 3-bedroom at fair market rent | 0.63 |
| Highest price a 3-bedroom at fair market rent covers | about $305,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $450,000 |
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 Chelan County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Chelan County?
The most active investment-property lenders in Chelan County in 2025 HMDA data were CROSSCOUNTRY MORTGAGE, INC.; Glacier Bank; and Cashmere Valley Bank, out of 54 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 Chelan County, and matches each file to the one most likely to fund it.
Chelan County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 112 loans and $48.2M from 54 lenders. CROSSCOUNTRY MORTGAGE, INC. led Chelan County with 8 loans, 7.1% of the county's total, and the average Chelan County loan of $431K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, INC. | 8 | $3.6M | $448K | 87.5% |
| Glacier Bank | 7 | $1.9M | $276K | 42.9% |
| Cashmere Valley Bank | 6 | $2.5M | $425K | 66.7% |
| Rocket Mortgage, LLC | 6 | $2.0M | $327K | 33.3% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 6 | $1.9M | $310K | 66.7% |
| THE LOAN STORE, INC. | 4 | $3.0M | $743K | 75.0% |
| GUILD MORTGAGE COMPANY | 4 | $1.2M | $298K | 25.0% |
| Peoples Bank | 4 | $0.9M | $225K | 25.0% |
| City Lending Inc. | 4 | $0.8M | $213K | 100.0% |
| KIND LENDING, LLC | 3 | $1.5M | $505K | 100.0% |
| Fairway Independent Mortgage Corporation | 3 | $1.4M | $462K | 100.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | 3 | $1.1M | $365K | 100.0% |
| Citadel Servicing Corporation | 3 | $1.0M | $338K | 33.3% |
| LENDSURE MORTGAGE CORP. | 2 | $2.3M | $1170K | 50.0% |
| NexBank | 2 | $1.9M | $945K | 100.0% |
| CMG MORTGAGE, INC. | 2 | $1.3M | $655K | 100.0% |
| SAMMAMISH MORTGAGE COMPANY | 2 | $1.3M | $625K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 2 | $1.1M | $535K | 100.0% |
| Loandepot.Com, LLC | 2 | $0.7M | $335K | 100.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.7M | $335K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 2 | $0.6M | $300K | 0.0% |
| GENWAY HOME MORTGAGE, INC. | 2 | $0.5M | $235K | 100.0% |
| OAKTREE FUNDING CORP. | 2 | $0.4M | $205K | 0.0% |
| GUARANTEED RATE, INC. | 1 | $1.7M | $1715K | 100.0% |
| A&D Mortgage LLC | 1 | $1.3M | $1305K | 0.0% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Chelan County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Chelan County CSV, all 25 lenders
What Chelan County's table can't show you: fit. Short-term financing is exempt from HMDA, so Chelan County's fix-and-flip and bridge lenders barely appear among its 54 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 Chelan County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Chelan County, Washington 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 — Chelan County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 54 lenders and 112 loans: 2025 HMDA loan-level data rolled up to Chelan County.
- Chelan County investor-lender dataset (CSV) — All 25 lenders in the Chelan County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Chelan 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 Wenatchee-East Wenatchee, WA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Chelan 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.