DSCR Loans in McHenry County, Illinois
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, 103 lenders made 328 investment-property loans in McHenry County, 1.7% of Illinois's total. Dominick Prevete arranges DSCR loans across McHenry County, Illinois, 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.
McHenry County investor market at a glance
| Statistic | McHenry County | Illinois | County rank |
|---|---|---|---|
| Investor loans | 328 | 19,010 | 13th of 20 |
| Reporting lenders | 103 | 610 | 7th of 20 |
| Loan volume | $77.7M | $5.59B | 9th of 20 |
| Average loan | $237K | $294K | 5th of 20 |
| Median loan | $205K | $175K | 6th of 20 |
| Purchases | 71.3% | 61.9% | 3rd of 20 |
| Cash-out refinances | 13.7% | 18.5% | 14th of 20 |
| 2–4 unit properties | 11.9% | 22.4% | 15th of 20 |
| Top five lenders' share | 26.8% | 20.7% | 20th of 20 |
| Reported business-purpose | 63.1% | 68.0% | 12th of 20 |
McHenry County: closed-end loans on 1–4 unit investment properties. McHenry County's rank is highest first, among Illinois's counties with at least 100 investor loans and 25 reporting lenders. Shares are of McHenry County's investor loans.
What stands out in McHenry County
The five most active lenders wrote 26.8% of McHenry County's investor loans, the lowest share of Illinois's 20 counties with published data (statewide: 20.7%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
71.3% of McHenry County's investor loans were purchases, the 3rd-highest share of Illinois's 20 counties with published data (statewide: 61.9%).
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.
The average investor loan in McHenry County was $237K, the 5th-highest average of Illinois's 20 counties with published data (statewide: $294K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in McHenry County?
At HUD's fair market rent of $2,586 for a 3-bedroom in McHenry County, Illinois, 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). McHenry County's median home value is $308,100; at that price the payment is $2,416 a month, so the property would need $2,425 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) | $2,011 / $2,586 / $2,954 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $308,100 |
| Median property taxes and effective rate | $7,274 (2.36% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,416 |
| Rent needed to cover that payment | $2,425 |
| Coverage of a 3-bedroom at fair market rent | 1.07 |
| Highest price a 3-bedroom at fair market rent covers | about $325,000 |
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 McHenry County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in McHenry County?
The most active investment-property lenders in McHenry County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; LENNAR MORTGAGE, LLC; and Fairway Independent Mortgage Corporation, out of 103 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 McHenry County, and matches each file to the one most likely to fund it.
McHenry County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 328 loans and $77.7M from 103 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led McHenry County with 24 loans, 7.3% of the county's total, and the average McHenry County loan of $237K compares with $294K across Illinois.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 24 | $4.4M | $184K | 66.7% |
| LENNAR MORTGAGE, LLC | 18 | $5.0M | $280K | 100.0% |
| Fairway Independent Mortgage Corporation | 17 | $3.3M | $193K | 88.2% |
| THE LOAN STORE, INC. | 15 | $3.0M | $200K | 80.0% |
| Home State Bank, National Association | 14 | $3.8M | $269K | 57.1% |
| Sauk Valley Bank & Trust Company | 11 | $6.3M | $576K | 63.6% |
| Loan Funder LLC | 10 | $2.2M | $222K | 70.0% |
| Republic Bank of Chicago | 10 | $1.7M | $171K | 100.0% |
| Rocket Mortgage, LLC | 8 | $1.8M | $226K | 62.5% |
| GUARANTEED RATE, INC. | 8 | $1.7M | $210K | 62.5% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 7 | $1.9M | $278K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 7 | $1.7M | $242K | 85.7% |
| American Community Bank & Trust | 7 | $1.6M | $222K | 14.3% |
| Kiavi Funding, Inc. | 6 | $1.6M | $275K | 83.3% |
| Broker Solutions, Inc. | 6 | $1.2M | $193K | 83.3% |
| A&D Mortgage LLC | 6 | $1.0M | $160K | 83.3% |
| GUILD MORTGAGE COMPANY | 5 | $1.3M | $253K | 60.0% |
| Prairie Community Bank | 5 | $0.9M | $187K | 40.0% |
| AMWEST FUNDING CORP. | 5 | $0.9M | $171K | 80.0% |
| U.S. Bank National Association | 5 | $0.7M | $143K | 100.0% |
| NEXERA HOLDING LLC | 4 | $1.1M | $273K | 75.0% |
| Emporium TPO LLC | 4 | $1.1M | $273K | 100.0% |
| BPL MORTGAGE TRUST, LLC | 4 | $1.0M | $248K | 50.0% |
| Crystal Lake Bank & Trust Company, N.A. | 3 | $1.0M | $338K | 66.7% |
| Loandepot.Com, LLC | 3 | $1.0M | $335K | 100.0% |
388 Illinois loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for McHenry County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · McHenry County CSV, all 25 lenders
What McHenry County's table can't show you: fit. Short-term financing is exempt from HMDA, so McHenry County's fix-and-flip and bridge lenders barely appear among its 103 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 McHenry County, Illinois deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a McHenry County, Illinois 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 — McHenry County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 103 lenders and 328 loans: 2025 HMDA loan-level data rolled up to McHenry County.
- McHenry County investor-lender dataset (CSV) — All 25 lenders in the McHenry County, Illinois table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — McHenry 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 Chicago-Joliet-Naperville, IL HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — McHenry 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.