DSCR Loans in Essex County, New Jersey
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)
Dominick Prevete arranges DSCR loans across Essex County, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.125% (October 2026), and most close in 14 days. In 2025 HMDA data, 181 lenders made 1,874 investment-property loans there, 10.2% of New Jersey's total; the most active are in the table below.
Essex County investor market at a glance
| Statistic | Essex County | New Jersey | County rank |
|---|---|---|---|
| Investor loans | 1,874 | 18,316 | 1st of 20 |
| Reporting lenders | 181 | 439 | 2nd of 20 |
| Loan volume | $1.00B | $7.88B | 1st of 20 |
| Average loan | $536K | $430K | 5th of 20 |
| Median loan | $515K | $365K | 2nd of 20 |
| Purchases | 43.8% | 56.9% | 20th of 20 |
| Cash-out refinances | 32.7% | 26.0% | 5th of 20 |
| 2–4 unit properties | 70.8% | 30.0% | 1st of 20 |
| Top five lenders' share | 31.2% | 24.4% | 11th of 20 |
| Reported business-purpose | 89.8% | 81.1% | 1st of 20 |
Essex County: closed-end loans on 1–4 unit investment properties. Essex County's rank is highest first, among New Jersey's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Essex County's investor loans.
What stands out in Essex County
70.8% of Essex County's investor loans financed a 2–4 unit property, the highest share of New Jersey's 20 counties with published data (statewide: 30.0%).
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.
By share of investor loans reported as business-purpose, Essex County ranks highest of New Jersey's 20 counties with published data (statewide: 81.1%).
89.8% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
Who are the DSCR and investment-property lenders in Essex County?
The most active investment-property lenders in Essex County in 2025 HMDA data were Loan Funder LLC; CONSTRUCTIVE LOANS, LLC; and CHAMPIONS FUNDING, LLC, out of 181 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 several that reported in Essex County, and matches each file to the one most likely to fund it.
Essex County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,874 loans and $1.00B from 181 lenders. Loan Funder LLC led Essex County with 174 loans, 9.3% of the county's total, and the average Essex County loan of $536K compares with $430K across New Jersey.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Loan Funder LLC | 174 | $96.6M | $555K | 76.4% |
| CONSTRUCTIVE LOANS, LLC | 129 | $74.8M | $580K | 31.8% |
| CHAMPIONS FUNDING, LLC | 116 | $66.0M | $569K | 34.5% |
| Emporium TPO LLC | 89 | $50.0M | $562K | 27.0% |
| BPL MORTGAGE TRUST, LLC | 77 | $42.8M | $556K | 29.9% |
| Kiavi Funding, Inc. | 67 | $38.5M | $575K | 83.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 66 | $30.8M | $467K | 54.5% |
| ABL RPC Residential Credit Acquisition LLC | 59 | $35.9M | $608K | 8.5% |
| Logan Finance Corporation | 48 | $25.8M | $537K | 31.2% |
| ICE LENDER HOLDINGS LLC | 48 | $24.2M | $504K | 41.7% |
| GUARANTEED RATE, INC. | 48 | $21.5M | $448K | 62.5% |
| THE LOAN STORE, INC. | 46 | $24.1M | $523K | 23.9% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 45 | $19.5M | $433K | 15.6% |
| Commerce Home Mortgage, Inc. | 38 | $19.9M | $523K | 55.3% |
| Hometown Equity Mortgage, LLC | 35 | $20.0M | $571K | 11.4% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 35 | $14.8M | $423K | 20.0% |
| Citadel Servicing Corporation | 25 | $11.7M | $467K | 48.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 22 | $15.6M | $709K | 68.2% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 21 | $26.6M | $1267K | 85.7% |
| HOMEXPRESS MORTGAGE CORP. | 21 | $11.7M | $556K | 23.8% |
| Rocket Mortgage, LLC | 21 | $7.2M | $342K | 38.1% |
| FIRST COLONY MORTGAGE CORPORATION | 20 | $10.6M | $529K | 45.0% |
| AMERICAN HERITAGE LENDING, LLC | 16 | $8.5M | $530K | 31.2% |
| Fairway Independent Mortgage Corporation | 16 | $7.9M | $493K | 68.8% |
| FM Home Loans, LLC | 15 | $7.4M | $496K | 20.0% |
590 New Jersey loans (3.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Essex County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Essex County CSV, all 25 lenders
What Essex County's table can't show you: fit. Short-term financing is exempt from HMDA, so Essex County's fix-and-flip and bridge lenders barely appear among its 181 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 several 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.
What Essex County deals has Dominick Prevete closed?
The proof is a closing, not a promise.
- $672,350Bloomfield, NJ
4-unit · DSCR purchase · closed November 2025
- $662,000Bloomfield, NJ
4-unit · DSCR purchase · closed November 2025
- $275,000Newark, NJ
3-unit · DSCR cash-out refinance · closed October 2025
- $799,500West Orange, NJ
4-unit · DSCR rate-and-term refinance · closed September 2025
- $520,000Bloomfield, NJ
3-unit · DSCR cash-out refinance · closed September 2025
- $468,000Orange, NJ
2-unit · DSCR cash-out refinance · closed May 2025
These are closings Dominick Prevete arranged personally, 6 of the 35 on his closed transactions record, which lists each one's leverage, coverage and rate at closing.
Towns in Essex County with their own page
Run the coverage test on your Essex County deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Essex County 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 — Essex County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 181 lenders and 1,874 loans: 2025 HMDA loan-level data rolled up to Essex County.
- Essex County investor-lender dataset (CSV) — All 25 Essex County lenders in the table, Loan Funder LLC first, with volume, average loan and purchase share for each.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.125%, as of October 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.