DSCR Loans in Marathon County, Wisconsin
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, 42 lenders made 193 investment-property loans in Marathon County, 2.2% of Wisconsin's total. Dominick Prevete arranges DSCR loans across Marathon County, Wisconsin, 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 $220,000.
Marathon County investor market at a glance
| Statistic | Marathon County | Wisconsin | County rank |
|---|---|---|---|
| Investor loans | 193 | 8,874 | 12th of 17 |
| Reporting lenders | 42 | 462 | 15th of 17 |
| Loan volume | $40.6M | $1.96B | 12th of 17 |
| Average loan | $210K | $221K | 7th of 17 |
| Median loan | $135K | $175K | 15th of 17 |
| Purchases | 68.4% | 59.3% | 3rd of 17 |
| Cash-out refinances | 10.9% | 16.9% | 13th of 17 |
| 2–4 unit properties | 34.2% | 41.0% | 15th of 17 |
| Top five lenders' share | 60.6% | 14.2% | 1st of 17 |
| Reported business-purpose | 71.0% | 66.8% | 7th of 17 |
Marathon County: closed-end loans on 1–4 unit investment properties. Marathon County's rank is highest first, among Wisconsin's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Marathon County's investor loans.
What stands out in Marathon County
The five most active lenders wrote 60.6% of Marathon County's investor loans, the highest share of Wisconsin's 17 counties with published data (statewide: 14.2%).
Five lenders write 60.6% of the loans here, so comparing written term sheets matters more.
The median investor loan in Marathon County was $135K, the 2nd-lowest median of Wisconsin's 17 counties with published data (statewide: $175K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
68.4% of Marathon County's investor loans were purchases, the 3rd-highest share of Wisconsin's 17 counties with published data (statewide: 59.3%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
Does a DSCR loan pencil in Marathon County?
At HUD's fair market rent of $1,590 for a 3-bedroom in Marathon County, Wisconsin, a rental covers its full DSCR payment up to a purchase price of about $220,000, with 20% down at the 7.25% starting rate (November 2026). Marathon County's median home value is $219,600; at that price the payment is $1,558 a month, so the property would need $1,575 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) | $1,217 / $1,590 / $1,599 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $219,600 |
| Median property taxes and effective rate | $3,218 (1.47% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,558 |
| Rent needed to cover that payment | $1,575 |
| Coverage of a 3-bedroom at fair market rent | 1.02 |
| Highest price a 3-bedroom at fair market rent covers | about $220,000 |
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 Marathon County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Marathon County?
The most active investment-property lenders in Marathon County in 2025 HMDA data were COVANTAGE CREDIT UNION, Nicolet National Bank and Intercity State Bank, out of 42 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.
Marathon County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 193 loans and $40.6M from 42 lenders. COVANTAGE CREDIT UNION led Marathon County with 40 loans, 20.7% of the county's total, and the average Marathon County loan of $210K compares with $221K across Wisconsin.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| COVANTAGE CREDIT UNION | 40 | $6.8M | $170K | 57.5% |
| Nicolet National Bank | 29 | $5.1M | $177K | 93.1% |
| Intercity State Bank | 18 | $6.5M | $363K | 50.0% |
| IncredibleBank | 16 | $2.4M | $149K | 81.2% |
| One Community Bank | 14 | $2.3M | $166K | 64.3% |
| AbbyBank | 9 | $1.4M | $152K | 55.6% |
| Peoples State Bank | 9 | $1.1M | $127K | 88.9% |
| Forward Bank | 8 | $1.4M | $171K | 87.5% |
| U.S. Bank National Association | 5 | $1.1M | $225K | 100.0% |
| Rocket Mortgage, LLC | 5 | $0.7M | $145K | 60.0% |
| GUILD MORTGAGE COMPANY | 3 | $0.5M | $182K | 100.0% |
| Royal Credit Union | 2 | $2.8M | $1405K | 100.0% |
| THE LOAN STORE, INC. | 2 | $0.4M | $215K | 0.0% |
| Partners Bank of Wisconsin | 2 | $0.3M | $135K | 50.0% |
| Citizens State Bank | 2 | $0.3M | $130K | 50.0% |
| United Wholesale Mortgage | 2 | $0.2M | $110K | 50.0% |
| Marathon Bank | 2 | $0.1M | $65K | 50.0% |
| WOODTRUST BANK | 1 | $2.5M | $2495K | 0.0% |
| Wings Financial Credit Union | 1 | $0.8M | $845K | 100.0% |
| Citibank, National Association | 1 | $0.4M | $425K | 100.0% |
| Educated Mortgage Services, LLC | 1 | $0.3M | $345K | 100.0% |
| Commerce Home Mortgage, Inc. | 1 | $0.3M | $295K | 0.0% |
| JPMorgan Chase Bank, National Association | 1 | $0.3M | $295K | 100.0% |
| Bell Bank | 1 | $0.3M | $255K | 0.0% |
| Ixonia Bank | 1 | $0.2M | $175K | 100.0% |
154 Wisconsin loans (1.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Marathon County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Marathon County CSV, all 25 lenders
What Marathon County's table can't show you: fit. Short-term financing is exempt from HMDA, so Marathon County's fix-and-flip and bridge lenders barely appear among its 42 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 →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 Marathon County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Marathon County |
|---|---|---|---|
| Outagamie County, WI | 282 | 67 | About 70 miles away |
| Eau Claire County, WI | 172 | 38 | About 75 miles away |
| Winnebago County, WI | 249 | 65 | About 80 miles away |
| Brown County, WI | 384 | 77 | About 90 miles away |
| La Crosse County, WI | 250 | 49 | About 95 miles away |
Run the coverage test on your Marathon County, Wisconsin deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Marathon County, Wisconsin 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 — Marathon County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 42 lenders and 193 loans: 2025 HMDA loan-level data rolled up to Marathon County.
- Marathon County investor-lender dataset (CSV) — All 25 lenders in the Marathon County, Wisconsin table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Marathon 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 Wausau, WI MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Marathon 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.