DSCR Loans in Cleveland County, Oklahoma
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, 161 lenders made 745 investment-property loans in Cleveland County, 7.0% of Oklahoma's total. Dominick Prevete arranges DSCR loans across Cleveland County, Oklahoma, 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 $255,000.
Cleveland County investor market at a glance
| Statistic | Cleveland County | Oklahoma | County rank |
|---|---|---|---|
| Investor loans | 745 | 10,662 | 3rd of 19 |
| Reporting lenders | 161 | 418 | 3rd of 19 |
| Loan volume | $146.6M | $1.93B | 3rd of 19 |
| Average loan | $197K | $181K | 3rd of 19 |
| Median loan | $165K | $145K | 4th of 19 |
| Purchases | 70.3% | 62.5% | 4th of 19 |
| Cash-out refinances | 7.7% | 8.7% | 8th of 19 |
| 2–4 unit properties | 8.6% | 13.2% | 17th of 19 |
| Top five lenders' share | 25.9% | 21.4% | 17th of 19 |
| Reported business-purpose | 63.2% | 63.5% | 10th of 19 |
Cleveland County: closed-end loans on 1–4 unit investment properties. Cleveland County's rank is highest first, among Oklahoma's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Cleveland County's investor loans.
What stands out in Cleveland County
8.6% of Cleveland County's investor loans financed a 2–4 unit property, the 3rd-lowest share of Oklahoma's 19 counties with published data (statewide: 13.2%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
The average investor loan in Cleveland County was $197K, the 3rd-highest average of Oklahoma's 19 counties with published data (statewide: $181K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
The five most active lenders wrote 25.9% of Cleveland County's investor loans, the 3rd-lowest share of Oklahoma's 19 counties with published data (statewide: 21.4%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Cleveland County?
At HUD's fair market rent of $1,713 for a 3-bedroom in Cleveland County, Oklahoma, a rental covers its full DSCR payment up to a purchase price of about $255,000, with 20% down at the 7.25% starting rate (November 2026). Cleveland County's median home value is $235,700; at that price the payment is $1,581 a month, so the property would need $1,600 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) | $1,264 / $1,713 / $1,923 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $235,700 |
| Median property taxes and effective rate | $2,360 (1.00% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,581 |
| Rent needed to cover that payment | $1,600 |
| Coverage of a 3-bedroom at fair market rent | 1.08 |
| Highest price a 3-bedroom at fair market rent covers | about $255,000 |
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 Cleveland County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Cleveland County?
The most active investment-property lenders in Cleveland County in 2025 HMDA data were First United Bank and Trust Company, BancFirst and MidFirst Bank, out of 161 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 Cleveland County, and matches each file to the one most likely to fund it.
Cleveland County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 745 loans and $146.6M from 161 lenders. First United Bank and Trust Company led Cleveland County with 64 loans, 8.6% of the county's total, and the average Cleveland County loan of $197K compares with $181K across Oklahoma.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| First United Bank and Trust Company | 64 | $14.3M | $224K | 67.2% |
| BancFirst | 53 | $10.7M | $201K | 81.1% |
| MidFirst Bank | 27 | $5.2M | $191K | 92.6% |
| Armstrong Bank | 26 | $7.0M | $269K | 96.2% |
| Kiavi Funding, Inc. | 23 | $3.8M | $167K | 56.5% |
| LENNAR MORTGAGE, LLC | 20 | $3.2M | $160K | 100.0% |
| CV3 FINANCIAL SERVICES, LLC | 19 | $3.0M | $160K | 36.8% |
| OCMBC, INC. | 18 | $4.5M | $251K | 16.7% |
| McClain Bank | 17 | $2.6M | $150K | 17.6% |
| AMWEST FUNDING CORP. | 15 | $2.7M | $177K | 60.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 13 | $2.2M | $166K | 69.2% |
| NEWREZ LLC | 11 | $2.4M | $219K | 54.5% |
| The Citizens Bank of Edmond | 11 | $2.4M | $218K | 54.5% |
| FIRST SECURITY BANK AND TRUST COMPANY | 11 | $2.0M | $183K | 81.8% |
| Rocket Mortgage, LLC | 10 | $2.6M | $258K | 50.0% |
| Legacy Bank | 10 | $2.4M | $243K | 70.0% |
| Sovereign Bank | 10 | $2.1M | $206K | 50.0% |
| Sooner State Bank | 10 | $1.9M | $188K | 60.0% |
| ASSOCIATED MORTGAGE CORPORATION | 10 | $1.5M | $153K | 90.0% |
| Arvest Bank | 9 | $4.6M | $512K | 55.6% |
| MLD MORTGAGE INC. | 9 | $2.0M | $217K | 100.0% |
| Bank 7 | 9 | $1.4M | $153K | 100.0% |
| The Central Trust Bank | 8 | $1.9M | $234K | 75.0% |
| Gateway First Bank | 8 | $1.7M | $209K | 87.5% |
| First Fidelity Bank | 8 | $1.5M | $186K | 50.0% |
216 Oklahoma loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Cleveland County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Cleveland County CSV, all 25 lenders
What Cleveland County's table can't show you: fit. Short-term financing is exempt from HMDA, so Cleveland County's fix-and-flip and bridge lenders barely appear among its 161 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 Cleveland County, Oklahoma deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Cleveland County, Oklahoma 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 — Cleveland County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 161 lenders and 745 loans: 2025 HMDA loan-level data rolled up to Cleveland County.
- Cleveland County investor-lender dataset (CSV) — All 25 lenders in the Cleveland County, Oklahoma table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Cleveland 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 Oklahoma City, OK HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Cleveland 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.