DSCR Loans in Cowlitz County, Washington
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 49 lenders made 107 investment-property loans in Cowlitz County, 1.1% of Washington's total. Dominick Prevete arranges DSCR loans across Cowlitz 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 $295,000.
Cowlitz County investor market at a glance
| Statistic | Cowlitz County | Washington | County rank |
|---|---|---|---|
| Investor loans | 107 | 9,950 | 16th of 17 |
| Reporting lenders | 49 | 382 | 15th of 17 |
| Loan volume | $30.3M | $4.66B | 17th of 17 |
| Average loan | $283K | $468K | 15th of 17 |
| Median loan | $275K | $395K | 13th of 17 |
| Purchases | 43.9% | 53.8% | 16th of 17 |
| Cash-out refinances | 24.3% | 18.8% | 5th of 17 |
| 2–4 unit properties | 18.7% | 13.9% | 7th of 17 |
| Top five lenders' share | 42.1% | 20.1% | 2nd of 17 |
| Reported business-purpose | 75.7% | 74.8% | 6th of 17 |
Cowlitz County: closed-end loans on 1–4 unit investment properties. Cowlitz County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Cowlitz County's investor loans.
What stands out in Cowlitz County
43.9% of Cowlitz County's investor loans were purchases, the 2nd-lowest share of Washington's 17 counties with published data (statewide: 53.8%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
The five most active lenders wrote 42.1% of Cowlitz County's investor loans, the 2nd-highest share of Washington's 17 counties with published data (statewide: 20.1%).
Five lenders write 42.1% of the loans here, so comparing written term sheets matters more.
The average investor loan in Cowlitz County was $283K, the 3rd-lowest average of Washington's 17 counties with published data (statewide: $468K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Cowlitz County?
At HUD's fair market rent of $1,936 for a 3-bedroom in Cowlitz County, Washington, a rental covers its full DSCR payment up to a purchase price of about $295,000, with 20% down at the 7.25% starting rate (November 2026). Cowlitz County's median home value is $397,500; at that price the payment is $2,605 a month, so the property would need $2,625 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) | $1,398 / $1,936 / $2,337 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $397,500 |
| Median property taxes and effective rate | $3,245 (0.82% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,605 |
| Rent needed to cover that payment | $2,625 |
| Coverage of a 3-bedroom at fair market rent | 0.74 |
| Highest price a 3-bedroom at fair market rent covers | about $295,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $425,000 |
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 Cowlitz County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Cowlitz County?
The most active investment-property lenders in Cowlitz County in 2025 HMDA data were FIBRE; GUILD MORTGAGE COMPANY; and Rocket Mortgage, LLC, out of 49 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 Cowlitz County, and matches each file to the one most likely to fund it.
Cowlitz County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 107 loans and $30.3M from 49 lenders. FIBRE led Cowlitz County with 15 loans, 14.0% of the county's total, and the average Cowlitz County loan of $283K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| FIBRE | 15 | $2.9M | $194K | 13.3% |
| GUILD MORTGAGE COMPANY | 12 | $3.6M | $298K | 50.0% |
| Rocket Mortgage, LLC | 8 | $1.8M | $228K | 37.5% |
| DOMINION FINANCIAL SERVICES, LLC | 5 | $3.0M | $591K | 60.0% |
| Kiavi Funding, Inc. | 5 | $1.1M | $213K | 100.0% |
| RED CANOE CREDIT UNION | 4 | $0.9M | $230K | 75.0% |
| THE LOAN STORE, INC. | 3 | $0.7M | $232K | 33.3% |
| CMG MORTGAGE, INC. | 3 | $0.6M | $215K | 66.7% |
| HOMEXPRESS MORTGAGE CORP. | 3 | $0.6M | $212K | 33.3% |
| 1st Security Bank of Washington | 2 | $1.6M | $815K | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | 2 | $0.8M | $425K | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | 2 | $0.6M | $315K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.6M | $290K | 50.0% |
| V.I.P. MORTGAGE, INC. | 2 | $0.5M | $265K | 50.0% |
| DAS Acquisition Company, LLC | 2 | $0.5M | $265K | 50.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 2 | $0.5M | $260K | 100.0% |
| OCMBC, INC. | 2 | $0.5M | $260K | 50.0% |
| Umpqua Bank | 2 | $0.5M | $230K | 0.0% |
| LENDINGONE, LLC | 1 | $0.6M | $555K | 0.0% |
| FUNDLOANS CAPITAL | 1 | $0.4M | $445K | 100.0% |
| Solera National Bank | 1 | $0.4M | $435K | 0.0% |
| KIND LENDING, LLC | 1 | $0.4M | $435K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 1 | $0.4M | $405K | 100.0% |
| ROYAL PACIFIC FUNDING CORP. | 1 | $0.4M | $375K | 100.0% |
| CORNERSTONE CAPITAL BANK, SSB | 1 | $0.4M | $375K | 100.0% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Cowlitz County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Cowlitz County CSV, all 25 lenders
What Cowlitz County's table can't show you: fit. Short-term financing is exempt from HMDA, so Cowlitz County's fix-and-flip and bridge lenders barely appear among its 49 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 Cowlitz County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Cowlitz 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 — Cowlitz County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 49 lenders and 107 loans: 2025 HMDA loan-level data rolled up to Cowlitz County.
- Cowlitz County investor-lender dataset (CSV) — All 25 lenders in the Cowlitz County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Cowlitz 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 Longview-Kelso, WA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Cowlitz 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.