DSCR Loans in Hernando County, Florida
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, 92 lenders made 294 investment-property loans in Hernando County, 0.6% of Florida's total. Dominick Prevete arranges DSCR loans across Hernando County, Florida, 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 $380,000.
Hernando County investor market at a glance
| Statistic | Hernando County | Florida | County rank |
|---|---|---|---|
| Investor loans | 294 | 49,114 | 33rd of 39 |
| Reporting lenders | 92 | 1,090 | 36th of 39 |
| Loan volume | $69.4M | $18.15B | 37th of 39 |
| Average loan | $236K | $370K | 32nd of 39 |
| Median loan | $215K | $265K | 29th of 39 |
| Purchases | 59.5% | 64.1% | 34th of 39 |
| Cash-out refinances | 22.4% | 20.8% | 11th of 39 |
| 2–4 unit properties | 8.8% | 7.8% | 13th of 39 |
| Top five lenders' share | 31.6% | 23.8% | 10th of 39 |
| Reported business-purpose | 75.9% | 79.8% | 23rd of 39 |
Hernando County: closed-end loans on 1–4 unit investment properties. Hernando County's rank is highest first, among Florida's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Hernando County's investor loans.
What stands out in Hernando County
59.5% of Hernando County's investor loans were purchases, the 6th-lowest share of Florida's 39 counties with published data (statewide: 64.1%).
Refinances are a larger share here than in most of Florida. A DSCR refinance qualifies on the property's current rent.
The average investor loan in Hernando County was $236K, the 8th-lowest average of Florida's 39 counties with published data (statewide: $370K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Hernando County?
At HUD's fair market rent of $2,448 for a 3-bedroom in Hernando County, Florida, a rental covers its full DSCR payment up to a purchase price of about $380,000, with 20% down at the 7.25% starting rate (November 2026). Hernando County's median home value is $276,000; at that price the payment is $1,776 a month, so the property would need $1,800 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) | $1,917 / $2,448 / $2,977 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $276,000 |
| Median property taxes and effective rate | $1,858 (0.67% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,776 |
| Rent needed to cover that payment | $1,800 |
| Coverage of a 3-bedroom at fair market rent | 1.38 |
| Highest price a 3-bedroom at fair market rent covers | about $380,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $595,000 |
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 Hernando County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Hernando County?
The most active investment-property lenders in Hernando County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Kiavi Funding, Inc.; and EVERETT FINANCIAL, INC., out of 92 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 Hernando County, and matches each file to the one most likely to fund it.
Hernando County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 294 loans and $69.4M from 92 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Hernando County with 33 loans, 11.2% of the county's total, and the average Hernando County loan of $236K compares with $370K across Florida.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 33 | $8.9M | $270K | 51.5% |
| Kiavi Funding, Inc. | 25 | $6.8M | $273K | 80.0% |
| EVERETT FINANCIAL, INC. | 12 | $2.9M | $245K | 83.3% |
| Easy Street Capital, LLC | 12 | $2.6M | $217K | 0.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 11 | $2.8M | $254K | 100.0% |
| A&D Mortgage LLC | 11 | $2.1M | $190K | 36.4% |
| Rocket Mortgage, LLC | 11 | $1.7M | $153K | 45.5% |
| Brannen Bank | 8 | $2.4M | $294K | 87.5% |
| Hometown Equity Mortgage, LLC | 8 | $1.9M | $244K | 25.0% |
| AMWEST FUNDING CORP. | 7 | $1.7M | $239K | 71.4% |
| Commerce Home Mortgage, Inc. | 6 | $1.5M | $247K | 83.3% |
| Fairway Independent Mortgage Corporation | 6 | $1.1M | $190K | 100.0% |
| NEWREZ LLC | 5 | $1.2M | $239K | 80.0% |
| CHAMPIONS FUNDING, LLC | 5 | $1.1M | $219K | 0.0% |
| THE LOAN STORE, INC. | 5 | $0.9M | $187K | 40.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 4 | $1.3M | $320K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 4 | $0.9M | $225K | 100.0% |
| RPE Home, Inc | 4 | $0.8M | $190K | 0.0% |
| GENEVA FINANCIAL, LLC | 4 | $0.6M | $155K | 25.0% |
| LENDINGONE, LLC | 3 | $1.7M | $578K | 0.0% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $1.2M | $392K | 100.0% |
| Citadel Servicing Corporation | 3 | $0.9M | $302K | 33.3% |
| OCMBC, INC. | 3 | $0.9M | $288K | 66.7% |
| THE MORTGAGE FIRM, INC. | 3 | $0.8M | $278K | 100.0% |
| 212 LOANS, LLC. | 3 | $0.8M | $262K | 100.0% |
1,098 Florida loans (2.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Hernando County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Hernando County CSV, all 25 lenders
What Hernando County's table can't show you: fit. Short-term financing is exempt from HMDA, so Hernando County's fix-and-flip and bridge lenders barely appear among its 92 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.
Run the coverage test on your Hernando County, Florida deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Hernando County, Florida 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 — Hernando County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 92 lenders and 294 loans: 2025 HMDA loan-level data rolled up to Hernando County.
- Hernando County investor-lender dataset (CSV) — All 25 lenders in the Hernando County, Florida table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Hernando 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 Tampa-St. Petersburg-Clearwater, FL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Hernando 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.