DSCR Loans in DeKalb County, Illinois
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 55 lenders made 109 investment-property loans in DeKalb County, 0.6% of Illinois's total. Dominick Prevete arranges DSCR loans across DeKalb County, Illinois, 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 $250,000.
DeKalb County investor market at a glance
| Statistic | DeKalb County | Illinois | County rank |
|---|---|---|---|
| Investor loans | 109 | 19,010 | 20th of 20 |
| Reporting lenders | 55 | 610 | 15th of 20 |
| Loan volume | $20.5M | $5.59B | 19th of 20 |
| Average loan | $188K | $294K | 9th of 20 |
| Median loan | $165K | $175K | 8th of 20 |
| Purchases | 68.8% | 61.9% | 6th of 20 |
| Cash-out refinances | 16.5% | 18.5% | 7th of 20 |
| 2–4 unit properties | 42.2% | 22.4% | 1st of 20 |
| Top five lenders' share | 30.3% | 20.7% | 17th of 20 |
| Reported business-purpose | 60.6% | 68.0% | 14th of 20 |
DeKalb County: closed-end loans on 1–4 unit investment properties. DeKalb County's rank is highest first, among Illinois's counties with at least 100 investor loans and 25 reporting lenders. Shares are of DeKalb County's investor loans.
What stands out in DeKalb County
42.2% of DeKalb County's investor loans financed a 2–4 unit property, the highest share of Illinois's 20 counties with published data (statewide: 22.4%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The five most active lenders wrote 30.3% of DeKalb County's investor loans, the 4th-lowest share of Illinois's 20 counties with published data (statewide: 20.7%).
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 DeKalb County?
At HUD's fair market rent of $2,006 for a 3-bedroom in DeKalb County, Illinois, a rental covers its full DSCR payment up to a purchase price of about $250,000, with 20% down at the 7.25% starting rate (November 2026). DeKalb County's median home value is $243,600; at that price the payment is $1,929 a month, so the property would need $1,950 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) | $1,481 / $2,006 / $2,301 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $243,600 |
| Median property taxes and effective rate | $5,974 (2.45% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,929 |
| Rent needed to cover that payment | $1,950 |
| Coverage of a 3-bedroom at fair market rent | 1.04 |
| Highest price a 3-bedroom at fair market rent covers | about $250,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $370,000 |
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 DeKalb County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in DeKalb County?
The most active investment-property lenders in DeKalb County in 2025 HMDA data were Resource Bank, National Association; GUILD MORTGAGE COMPANY; and Blackhawk Bank & Trust, out of 55 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.
DeKalb County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 109 loans and $20.5M from 55 lenders. Resource Bank, National Association led DeKalb County with 12 loans, 11.0% of the county's total, and the average DeKalb County loan of $188K compares with $294K across Illinois.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Resource Bank, National Association | 12 | $1.9M | $162K | 41.7% |
| GUILD MORTGAGE COMPANY | 6 | $1.1M | $183K | 66.7% |
| Blackhawk Bank & Trust | 5 | $2.0M | $399K | 80.0% |
| First State Bank | 5 | $1.0M | $207K | 80.0% |
| OCMBC, INC. | 5 | $0.8M | $169K | 100.0% |
| The Huntington National Bank | 4 | $0.6M | $158K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 4 | $0.6M | $140K | 50.0% |
| Holcomb Bank | 3 | $0.6M | $192K | 100.0% |
| COMPASS MORTGAGE, INC. | 3 | $0.6M | $188K | 100.0% |
| U.S. Bank National Association | 3 | $0.6M | $188K | 66.7% |
| Fairway Independent Mortgage Corporation | 3 | $0.5M | $155K | 33.3% |
| MLD MORTGAGE INC. | 2 | $0.6M | $290K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $0.5M | $230K | 100.0% |
| DOMINION FINANCIAL SERVICES, LLC | 2 | $0.4M | $215K | 0.0% |
| PLANET HOME LENDING, LLC | 2 | $0.4M | $205K | 100.0% |
| NEXERA HOLDING LLC | 2 | $0.3M | $170K | 100.0% |
| Loan Funder LLC | 2 | $0.3M | $160K | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | 2 | $0.3M | $160K | 50.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 2 | $0.3M | $155K | 100.0% |
| NEWREZ LLC | 2 | $0.3M | $145K | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | 2 | $0.3M | $140K | 50.0% |
| GREENSTATE Credit Union | 2 | $0.2M | $120K | 100.0% |
| Heartland Bank and Trust Company | 2 | $0.2M | $100K | 100.0% |
| Cornerstone First Mortgage, Inc | 1 | $0.5M | $495K | 100.0% |
| Old National Bank | 1 | $0.5M | $495K | 100.0% |
388 Illinois loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for DeKalb County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · DeKalb County CSV, all 25 lenders
What DeKalb County's table can't show you: fit. Short-term financing is exempt from HMDA, so DeKalb County's fix-and-flip and bridge lenders barely appear among its 55 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 →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 DeKalb County, Illinois deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a DeKalb County, Illinois 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 — DeKalb County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 55 lenders and 109 loans: 2025 HMDA loan-level data rolled up to DeKalb County.
- DeKalb County investor-lender dataset (CSV) — All 25 lenders in the DeKalb County, Illinois table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — DeKalb 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 DeKalb County, IL HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — DeKalb 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.