DSCR Loans in Massachusetts
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 Massachusetts, 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, 432 lenders made 9,959 investment-property loans in Massachusetts; the most active are in the table below.
Massachusetts investor market at a glance
| Statistic | Massachusetts | 26 states | State rank |
|---|---|---|---|
| Investor loans | 9,959 | 461,927 | 19th of 26 |
| Reporting lenders | 432 | 3,509 | 18th of 26 |
| Loan volume | $6.16B | $163.80B | 6th of 26 |
| Average loan | $618K | $355K | 2nd of 26 |
| Median loan | $465K | — | 2nd of 26 |
| Purchases | 60.2% | 58.8% | 9th of 26 |
| Cash-out refinances | 18.6% | 19.8% | 14th of 26 |
| 2–4 unit properties | 46.4% | 16.5% | 1st of 26 |
| Top five lenders' share | 17.2% | 22.1% | 24th of 26 |
| Reported business-purpose | 73.3% | 72.6% | 10th of 26 |
Massachusetts: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 26 states with published data. The 26-state figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in Massachusetts
46.4% of Massachusetts's investor loans financed a 2–4 unit property, the highest share of the 26 states with published data (26-state figure: 16.5%).
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.
The average investor loan in Massachusetts was $618K, the second-highest average of the 26 states with published data (26-state figure: $355K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
The five most active lenders wrote 17.2% of Massachusetts's investor loans, the third-lowest share of the 26 states with published data (26-state figure: 22.1%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Who are the DSCR and investment-property lenders in Massachusetts?
The most active investment-property lenders in Massachusetts in 2025 HMDA data were Leader Bank, National Association; RF RENOVO MANAGEMENT COMPANY, LLC; and CROSSCOUNTRY MORTGAGE, INC., out of 432 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 Massachusetts, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered Massachusetts's 2025 filings to closed-end loans on 1–4 unit investment properties: 9,959 loans totaling $6.16B across 432 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Leader Bank, National Association | 415 | $245.0M | $590K | 73.3% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 405 | $259.1M | $640K | 76.3% |
| CROSSCOUNTRY MORTGAGE, INC. | 352 | $174.7M | $496K | 69.0% |
| GUARANTEED RATE, INC. | 294 | $163.9M | $557K | 62.9% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 245 | $103.2M | $421K | 46.9% |
| Rocket Mortgage, LLC | 236 | $93.4M | $396K | 41.5% |
| Workers Federal Credit Union | 228 | $170.2M | $746K | 46.9% |
| Rockland Trust Company | 208 | $150.3M | $723K | 81.2% |
| Kiavi Funding, Inc. | 170 | $71.6M | $421K | 85.9% |
| CCG Fund 1, LLC | 163 | $284.7M | $1747K | 35.6% |
| OCMBC, INC. | 149 | $67.9M | $456K | 48.3% |
| RCN Capital, LLC | 138 | $50.8M | $368K | 70.3% |
| Loan Funder LLC | 136 | $94.2M | $693K | 81.6% |
| PENNYMAC LOAN SERVICES, LLC | 132 | $70.1M | $531K | 57.6% |
| NEWREZ LLC | 124 | $65.1M | $525K | 59.7% |
| The Village Bank | 110 | $241.8M | $2198K | 80.9% |
| Hometown Equity Mortgage, LLC | 108 | $56.9M | $526K | 40.7% |
| HOMEXPRESS MORTGAGE CORP. | 104 | $56.8M | $546K | 30.8% |
| CMG MORTGAGE, INC. | 99 | $43.5M | $440K | 69.7% |
| GUILD MORTGAGE COMPANY | 87 | $35.6M | $409K | 65.5% |
| East West Bank | 85 | $54.8M | $645K | 87.1% |
| General Mortgage Capital Corporation | 84 | $50.8M | $605K | 83.3% |
| Fairway Independent Mortgage Corporation | 83 | $33.9M | $409K | 78.3% |
| TD Bank, National Association | 78 | $61.3M | $786K | 55.1% |
| A&D Mortgage LLC | 78 | $36.0M | $462K | 48.7% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved October 31, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 432 reporting lenders with every underlying figure. Researching the market rather than financing a property? The Massachusetts lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's 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 Massachusetts deals has Dominick Prevete closed?
The proof is a closing, not a promise.
- $305,000Marion, MA
2-unit · DSCR purchase · closed October 2025
These are closings Dominick Prevete arranged personally, 1 of the 35 on his closed transactions record, which lists each one's leverage, coverage and rate at closing.
Run the coverage test on your Massachusetts deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Massachusetts 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 — Massachusetts's at-a-glance figures, its rank among the 26 states, its observations and the Quick Read's 432 lenders and 9,959 loans: 2025 HMDA loan-level data.
- Massachusetts investor-lender dataset (CSV) — Every Massachusetts lender behind the table above, with volume, average loan and purchase share for each.
- Massachusetts investor lending data, Dominick Prevete — The Massachusetts table on its own, with the state's concentration figures and the method behind them.
- 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.