DSCR Loans in Dane County, Wisconsin
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 103 lenders made 637 investment-property loans in Dane County, 7.2% of Wisconsin's total. Dominick Prevete arranges DSCR loans across Dane County, Wisconsin, 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 $280,000.
Dane County investor market at a glance
| Statistic | Dane County | Wisconsin | County rank |
|---|---|---|---|
| Investor loans | 637 | 8,874 | 2nd of 17 |
| Reporting lenders | 103 | 462 | 4th of 17 |
| Loan volume | $223.0M | $1.96B | 2nd of 17 |
| Average loan | $350K | $221K | 2nd of 17 |
| Median loan | $305K | $175K | 1st of 17 |
| Purchases | 60.8% | 59.3% | 8th of 17 |
| Cash-out refinances | 10.8% | 16.9% | 14th of 17 |
| 2–4 unit properties | 42.7% | 41.0% | 8th of 17 |
| Top five lenders' share | 34.5% | 14.2% | 12th of 17 |
| Reported business-purpose | 55.4% | 66.8% | 15th of 17 |
Dane County: closed-end loans on 1–4 unit investment properties. Dane County's rank is highest first, among Wisconsin's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Dane County's investor loans.
What stands out in Dane County
The median investor loan in Dane County was $305K, the highest median of Wisconsin's 17 counties with published data (statewide: $175K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
55.4% of Dane County's investor loans were reported as business-purpose, the 3rd-lowest share of Wisconsin's 17 counties with published data (statewide: 66.8%).
Fewer investor loans here were reported as business-purpose than in most of Wisconsin. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
10.8% of Dane County's investor loans were cash-out refinances, the 4th-lowest share of Wisconsin's 17 counties with published data (statewide: 16.9%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Dane County?
At HUD's fair market rent of $2,047 for a 3-bedroom in Dane County, Wisconsin, a rental covers its full DSCR payment up to a purchase price of about $280,000, with 20% down at the 7.25% starting rate (November 2026). Dane County's median home value is $394,800; at that price the payment is $2,854 a month, so the property would need $2,875 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) | $1,565 / $2,047 / $2,264 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $394,800 |
| Median property taxes and effective rate | $6,420 (1.63% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,854 |
| Rent needed to cover that payment | $2,875 |
| Coverage of a 3-bedroom at fair market rent | 0.72 |
| Highest price a 3-bedroom at fair market rent covers | about $280,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $430,000 |
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 Dane County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Dane County?
The most active investment-property lenders in Dane County in 2025 HMDA data were Summit Credit Union, One Community Bank and DUPACO COMMUNITY, out of 103 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 and matches each file to the one most likely to fund it.
Dane County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 637 loans and $223.0M from 103 lenders. Summit Credit Union led Dane County with 57 loans, 8.9% of the county's total, and the average Dane County loan of $350K compares with $221K across Wisconsin.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Summit Credit Union | 57 | $15.8M | $278K | 63.2% |
| One Community Bank | 50 | $19.1M | $383K | 64.0% |
| DUPACO COMMUNITY | 42 | $9.2M | $218K | 21.4% |
| THOMPSON KANE & COMPANY, INC | 39 | $13.1M | $335K | 64.1% |
| University of Wisconsin Credit Union | 32 | $9.7M | $303K | 56.2% |
| The Bank of New Glarus | 28 | $11.4M | $406K | 50.0% |
| Lake Ridge Bank | 28 | $8.8M | $315K | 64.3% |
| Bell Bank | 23 | $7.4M | $320K | 82.6% |
| The Park Bank | 20 | $5.9M | $293K | 80.0% |
| Oak Bank | 18 | $6.3M | $352K | 61.1% |
| Bank of Deerfield | 17 | $5.1M | $300K | 88.2% |
| Bank of Sun Prairie | 16 | $4.9M | $307K | 56.2% |
| Barrington Bank & Trust Company, National Association | 15 | $4.4M | $294K | 60.0% |
| The Bank of Brodhead | 13 | $6.9M | $531K | 61.5% |
| Mound City Bank | 13 | $5.6M | $433K | 61.5% |
| Fairway Independent Mortgage Corporation | 13 | $4.2M | $326K | 84.6% |
| Farmers Savings Bank | 10 | $4.9M | $494K | 40.0% |
| Landmark Credit Union | 8 | $4.0M | $498K | 12.5% |
| The Peoples Community Bank | 8 | $2.7M | $343K | 87.5% |
| GUILD MORTGAGE COMPANY | 7 | $2.5M | $352K | 85.7% |
| Woodford State Bank | 6 | $2.4M | $392K | 100.0% |
| Wells Fargo Bank, National Association | 6 | $2.0M | $330K | 66.7% |
| Old National Bank | 6 | $1.7M | $280K | 50.0% |
| HOMEXPRESS MORTGAGE CORP. | 5 | $2.1M | $423K | 20.0% |
| Heartland Credit Union (Madison) | 5 | $2.0M | $407K | 20.0% |
154 Wisconsin loans (1.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Dane County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Dane County CSV, all 25 lenders
What Dane County's table can't show you: fit. Short-term financing is exempt from HMDA, so Dane County's fix-and-flip and bridge lenders barely appear among its 103 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 so it lands with the one most likely to fund it.
Price your loan →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Dane County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Dane County |
|---|---|---|---|
| Rock County, WI | 250 | 78 | Borders Dane County |
| Winnebago County, IL | 739 | 110 | About 50 miles away |
| Walworth County, WI | 157 | 87 | About 50 miles away |
| Waukesha County, WI | 287 | 104 | About 55 miles away |
| La Crosse County, WI | 250 | 49 | About 105 miles away |
Run the coverage test on your Dane County, Wisconsin deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Dane County, Wisconsin 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 — Dane County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 103 lenders and 637 loans: 2025 HMDA loan-level data rolled up to Dane County.
- Dane County investor-lender dataset (CSV) — All 25 lenders in the Dane County, Wisconsin table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Dane 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 Madison, WI HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Dane 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.