DSCR Loans in Clark County, Washington
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, 139 lenders made 545 investment-property loans in Clark County, 5.5% of Washington's total. Dominick Prevete arranges DSCR loans across Clark 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 $385,000.
Clark County investor market at a glance
| Statistic | Clark County | Washington | County rank |
|---|---|---|---|
| Investor loans | 545 | 9,950 | 5th of 17 |
| Reporting lenders | 139 | 382 | 4th of 17 |
| Loan volume | $202.6M | $4.66B | 4th of 17 |
| Average loan | $372K | $468K | 8th of 17 |
| Median loan | $335K | $395K | 9th of 17 |
| Purchases | 60.6% | 53.8% | 3rd of 17 |
| Cash-out refinances | 19.8% | 18.8% | 9th of 17 |
| 2–4 unit properties | 10.1% | 13.9% | 15th of 17 |
| Top five lenders' share | 23.9% | 20.1% | 16th of 17 |
| Reported business-purpose | 69.7% | 74.8% | 16th of 17 |
Clark County: closed-end loans on 1–4 unit investment properties. Clark County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Clark County's investor loans.
What stands out in Clark County
69.7% of Clark County's investor loans were reported as business-purpose, the 2nd-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.
The five most active lenders wrote 23.9% of Clark County's investor loans, the 2nd-lowest share of Washington's 17 counties with published data (statewide: 20.1%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
60.6% of Clark County's investor loans were purchases, the 3rd-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.
Does a DSCR loan pencil in Clark County?
At HUD's fair market rent of $2,550 for a 3-bedroom in Clark County, Washington, a rental covers its full DSCR payment up to a purchase price of about $385,000, with 20% down at the 7.25% starting rate (November 2026). Clark County's median home value is $522,900; at that price the payment is $3,429 a month, so the property would need $3,450 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) | $1,878 / $2,550 / $3,069 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $522,900 |
| Median property taxes and effective rate | $4,290 (0.82% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,429 |
| Rent needed to cover that payment | $3,450 |
| Coverage of a 3-bedroom at fair market rent | 0.74 |
| Highest price a 3-bedroom at fair market rent covers | about $385,000 |
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 Clark County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Clark County?
The most active investment-property lenders in Clark County in 2025 HMDA data were DHI MORTGAGE COMPANY, LTD.; UNITED SHORE FINANCIAL SERVICES, LLC; and THE LOAN STORE, INC., out of 139 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 Clark County, and matches each file to the one most likely to fund it.
Clark County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 545 loans and $202.6M from 139 lenders. DHI MORTGAGE COMPANY, LTD. led Clark County with 44 loans, 8.1% of the county's total, and the average Clark County loan of $372K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| DHI MORTGAGE COMPANY, LTD. | 44 | $14.2M | $323K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 26 | $10.5M | $403K | 42.3% |
| THE LOAN STORE, INC. | 25 | $9.7M | $389K | 68.0% |
| NEWREZ LLC | 19 | $7.5M | $394K | 21.1% |
| Kiavi Funding, Inc. | 16 | $7.2M | $453K | 87.5% |
| CMG MORTGAGE, INC. | 14 | $5.5M | $391K | 57.1% |
| GUILD MORTGAGE COMPANY | 13 | $4.3M | $330K | 69.2% |
| Rocket Mortgage, LLC | 13 | $3.9M | $300K | 38.5% |
| NATIONS DIRECT MORTGAGE, LLC | 11 | $4.3M | $392K | 90.9% |
| CORNERSTONE CAPITAL BANK, SSB | 11 | $3.7M | $334K | 90.9% |
| PENNYMAC LOAN SERVICES, LLC | 10 | $4.3M | $425K | 80.0% |
| HOMEXPRESS MORTGAGE CORP. | 10 | $3.5M | $347K | 10.0% |
| CLM MORTGAGE, INC. | 10 | $3.1M | $307K | 100.0% |
| COLUMBIA COMMUNITY CREDIT UNION | 9 | $4.0M | $443K | 33.3% |
| RAIN CITY CAPITAL, LLC | 8 | $2.5M | $311K | 0.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 8 | $2.1M | $266K | 75.0% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 7 | $3.5M | $496K | 85.7% |
| GUARANTEED RATE, INC. | 7 | $2.7M | $385K | 71.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 7 | $2.3M | $334K | 85.7% |
| OCMBC, INC. | 7 | $2.2M | $319K | 57.1% |
| JMAC LENDING, INC. | 7 | $1.6M | $229K | 100.0% |
| LIMA ONE CAPITAL, LLC | 6 | $7.3M | $1223K | 0.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 6 | $4.2M | $707K | 50.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | 6 | $2.1M | $352K | 66.7% |
| NEXERA HOLDING LLC | 6 | $2.1M | $347K | 33.3% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Clark County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Clark County CSV, all 25 lenders
What Clark County's table can't show you: fit. Short-term financing is exempt from HMDA, so Clark County's fix-and-flip and bridge lenders barely appear among its 139 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 Clark County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Clark 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 — Clark County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 139 lenders and 545 loans: 2025 HMDA loan-level data rolled up to Clark County.
- Clark County investor-lender dataset (CSV) — All 25 lenders in the Clark County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Clark 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 Portland-Vancouver-Hillsboro, OR-WA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Clark 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.