DSCR Loans in Kent County, Rhode Island
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, 70 lenders made 188 investment-property loans in Kent County, 12.1% of Rhode Island's total. Dominick Prevete arranges DSCR loans across Kent County, Rhode Island, 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 $325,000.
Kent County investor market at a glance
| Statistic | Kent County | Rhode Island | County rank |
|---|---|---|---|
| Investor loans | 188 | 1,548 | 3rd of 4 |
| Reporting lenders | 70 | 194 | 3rd of 4 |
| Loan volume | $63.9M | $689.3M | 4th of 4 |
| Average loan | $340K | $445K | 4th of 4 |
| Median loan | $315K | $395K | 4th of 4 |
| Purchases | 48.9% | 49.8% | 3rd of 4 |
| Cash-out refinances | 33.0% | 31.2% | 2nd of 4 |
| 2–4 unit properties | 39.4% | 55.2% | 2nd of 4 |
| Top five lenders' share | 22.3% | 20.2% | 3rd of 4 |
| Reported business-purpose | 75.5% | 77.6% | 2nd of 4 |
Kent County: closed-end loans on 1–4 unit investment properties. Kent County's rank is highest first, among Rhode Island's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Kent County's investor loans.
What stands out in Kent County
The median investor loan in Kent County was $315K, the lowest median of Rhode Island's 4 counties with published data (statewide: $395K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Kent County's 188 investor loans ranked 3rd of Rhode Island's 4 counties with published data.
Does a DSCR loan pencil in Kent County?
At HUD's fair market rent of $2,302 for a 3-bedroom in Kent County, Rhode Island, a rental covers its full DSCR payment up to a purchase price of about $325,000, with 20% down at the 7.25% starting rate (November 2026). Kent County's median home value is $366,100; at that price the payment is $2,564 a month, so the property would need $2,575 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) | $1,879 / $2,302 / $2,615 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $366,100 |
| Median property taxes and effective rate | $4,957 (1.35% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,564 |
| Rent needed to cover that payment | $2,575 |
| Coverage of a 3-bedroom at fair market rent | 0.90 |
| Highest price a 3-bedroom at fair market rent covers | about $325,000 |
| HUD area | Providence-Fall River, RI-MA HUD Metro FMR Area |
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 Kent County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Kent County?
The most active investment-property lenders in Kent County in 2025 HMDA data were RF RENOVO MANAGEMENT COMPANY, LLC; BPL MORTGAGE TRUST, LLC; and MOVEMENT MORTGAGE, LLC, out of 70 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 Kent County, and matches each file to the one most likely to fund it.
Kent County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 188 loans and $63.9M from 70 lenders. RF RENOVO MANAGEMENT COMPANY, LLC led Kent County with 11 loans, 5.9% of the county's total, and the average Kent County loan of $340K compares with $445K across Rhode Island.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| RF RENOVO MANAGEMENT COMPANY, LLC | 11 | $5.7M | $520K | 90.9% |
| BPL MORTGAGE TRUST, LLC | 10 | $4.0M | $396K | 10.0% |
| MOVEMENT MORTGAGE, LLC | 8 | $2.9M | $360K | 25.0% |
| The Washington Trust Company, of Westerly | 7 | $2.3M | $322K | 100.0% |
| NEWREZ LLC | 6 | $3.1M | $512K | 66.7% |
| Loan Funder LLC | 6 | $2.2M | $365K | 33.3% |
| CMG MORTGAGE, INC. | 6 | $2.0M | $338K | 50.0% |
| BAYCOAST MORTGAGE COMPANY, LLC | 5 | $2.1M | $411K | 60.0% |
| Centreville Bank | 5 | $1.7M | $331K | 60.0% |
| Home Loan Investment Bank, F.S.B. | 5 | $1.3M | $265K | 80.0% |
| NFM, INC. | 5 | $1.3M | $261K | 20.0% |
| HOMEXPRESS MORTGAGE CORP. | 4 | $1.4M | $355K | 75.0% |
| HARBORONE MORTGAGE, LLC | 4 | $1.4M | $353K | 50.0% |
| AMERICAN HERITAGE LENDING, LLC | 4 | $1.2M | $305K | 25.0% |
| Rocket Mortgage, LLC | 4 | $1.1M | $275K | 25.0% |
| OCMBC, INC. | 4 | $1.0M | $245K | 25.0% |
| Fall River Five Cents Savings Bank | 4 | $0.9M | $218K | 25.0% |
| Beacon Bank & Trust | 3 | $1.4M | $478K | 0.0% |
| Hometown Equity Mortgage, LLC | 3 | $1.1M | $362K | 66.7% |
| Broker Solutions, Inc. | 3 | $1.0M | $348K | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 3 | $1.0M | $345K | 100.0% |
| CHAMPIONS FUNDING, LLC | 3 | $0.9M | $315K | 0.0% |
| GREENWOOD CREDIT UNION | 3 | $0.9M | $312K | 66.7% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 3 | $0.8M | $265K | 66.7% |
| Citizens Bank, National Association | 3 | $0.8M | $252K | 66.7% |
12 Rhode Island loans (0.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Kent County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Kent County CSV, all 25 lenders
What Kent County's table can't show you: fit. Short-term financing is exempt from HMDA, so Kent County's fix-and-flip and bridge lenders barely appear among its 70 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 →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 Kent County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Kent County |
|---|---|---|---|
| Providence County, RI | 925 | 156 | Borders Kent County |
| Washington County, RI | 195 | 82 | Borders Kent County |
| Newport County, RI | 161 | 68 | Borders Kent County |
| Bristol County, MA | 693 | 155 | About 25 miles away |
Run the coverage test on your Kent County, Rhode Island deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Kent County, Rhode Island 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 — Kent County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 70 lenders and 188 loans: 2025 HMDA loan-level data rolled up to Kent County.
- Kent County investor-lender dataset (CSV) — All 25 lenders in the Kent County, Rhode Island table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Kent 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 Providence-Fall River, RI-MA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Kent 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.