DSCR Loans in LaPorte County, Indiana
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 73 lenders made 173 investment-property loans in LaPorte County, 1.6% of Indiana's total. Dominick Prevete arranges DSCR loans across LaPorte County, Indiana, 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 $230,000.
LaPorte County investor market at a glance
| Statistic | LaPorte County | Indiana | County rank |
|---|---|---|---|
| Investor loans | 173 | 10,971 | 17th of 21 |
| Reporting lenders | 73 | 497 | 11th of 21 |
| Loan volume | $34.0M | $2.81B | 16th of 21 |
| Average loan | $196K | $256K | 10th of 21 |
| Median loan | $145K | $145K | 12th of 21 |
| Purchases | 53.2% | 56.9% | 14th of 21 |
| Cash-out refinances | 31.8% | 19.4% | 1st of 21 |
| 2–4 unit properties | 31.8% | 16.6% | 1st of 21 |
| Top five lenders' share | 26.6% | 20.0% | 21st of 21 |
| Reported business-purpose | 75.1% | 71.5% | 7th of 21 |
LaPorte County: closed-end loans on 1–4 unit investment properties. LaPorte County's rank is highest first, among Indiana's counties with at least 100 investor loans and 25 reporting lenders. Shares are of LaPorte County's investor loans.
What stands out in LaPorte County
31.8% of LaPorte County's investor loans financed a 2–4 unit property, the highest share of Indiana's 21 counties with published data (statewide: 16.6%).
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.
31.8% of LaPorte County's investor loans were cash-out refinances, the highest share of Indiana's 21 counties with published data (statewide: 19.4%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The five most active lenders wrote 26.6% of LaPorte County's investor loans, the lowest share of Indiana's 21 counties with published data (statewide: 20.0%).
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 LaPorte County?
At HUD's fair market rent of $1,525 for a 3-bedroom in LaPorte County, Indiana, a rental covers its full DSCR payment up to a purchase price of about $230,000, with 20% down at the 7.25% starting rate (November 2026). LaPorte County's median home value is $195,500; at that price the payment is $1,274 a month, so the property would need $1,275 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) | $1,245 / $1,525 / $1,762 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $195,500 |
| Median property taxes and effective rate | $1,503 (0.77% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,274 |
| Rent needed to cover that payment | $1,275 |
| Coverage of a 3-bedroom at fair market rent | 1.20 |
| Highest price a 3-bedroom at fair market rent covers | about $230,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $380,000 |
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 LaPorte County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in LaPorte County?
The most active investment-property lenders in LaPorte County in 2025 HMDA data were Kiavi Funding, Inc.; Horizon Bank; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 73 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 two that reported in LaPorte County, and matches each file to the one most likely to fund it.
LaPorte County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 173 loans and $34.0M from 73 lenders. Kiavi Funding, Inc. led LaPorte County with 19 loans, 11.0% of the county's total, and the average LaPorte County loan of $196K compares with $256K across Indiana.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 19 | $3.3M | $176K | 57.9% |
| Horizon Bank | 9 | $1.3M | $143K | 88.9% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 8 | $1.2M | $153K | 62.5% |
| Loan Funder LLC | 5 | $3.4M | $687K | 20.0% |
| TECH Credit Union | 5 | $0.8M | $159K | 80.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 5 | $0.7M | $149K | 40.0% |
| CHAMPIONS FUNDING, LLC | 5 | $0.7M | $141K | 0.0% |
| SELFRELIANCE FEDERAL CREDIT UNION | 5 | $0.7M | $139K | 0.0% |
| LENDINGONE, LLC | 5 | $0.5M | $99K | 0.0% |
| GUARANTEED RATE, INC. | 4 | $1.2M | $298K | 75.0% |
| Rocket Mortgage, LLC | 4 | $0.8M | $190K | 50.0% |
| LIMA ONE CAPITAL, LLC | 4 | $0.6M | $158K | 50.0% |
| Fairway Independent Mortgage Corporation | 4 | $0.6M | $148K | 50.0% |
| NEWREZ LLC | 4 | $0.6M | $143K | 0.0% |
| 21st Mortgage Corporation | 4 | $0.3M | $73K | 100.0% |
| KIND LENDING, LLC | 3 | $0.8M | $265K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 3 | $0.7M | $245K | 66.7% |
| Fifth Third Bank, National Association | 3 | $0.5M | $178K | 33.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | 3 | $0.5M | $158K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 3 | $0.4M | $138K | 66.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 3 | $0.4M | $125K | 66.7% |
| 1st Source Bank | 3 | $0.3M | $85K | 66.7% |
| First National Bank of Brookfield | 2 | $1.3M | $645K | 50.0% |
| THE LOAN STORE, INC. | 2 | $0.6M | $275K | 50.0% |
| First Farmers Bank & Trust Co. | 2 | $0.5M | $270K | 50.0% |
387 Indiana loans (3.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for LaPorte County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · LaPorte County CSV, all 25 lenders
What LaPorte County's table can't show you: fit. Short-term financing is exempt from HMDA, so LaPorte County's fix-and-flip and bridge lenders barely appear among its 73 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 →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 LaPorte County, Indiana deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a LaPorte County, Indiana 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 — LaPorte County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 73 lenders and 173 loans: 2025 HMDA loan-level data rolled up to LaPorte County.
- LaPorte County investor-lender dataset (CSV) — All 25 lenders in the LaPorte County, Indiana table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — LaPorte 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 Michigan City-La Porte, IN MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — LaPorte 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.