DSCR Loans in Middlesex County, 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)
In 2025 HMDA data, 229 lenders made 2,257 investment-property loans in Middlesex County, 22.7% of Massachusetts's total. Dominick Prevete arranges DSCR loans across Middlesex County, Massachusetts, 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 $530,000.
Middlesex County investor market at a glance
| Statistic | Middlesex County | Massachusetts | County rank |
|---|---|---|---|
| Investor loans | 2,257 | 9,959 | 1st of 11 |
| Reporting lenders | 229 | 432 | 1st of 11 |
| Loan volume | $1.85B | $6.16B | 1st of 11 |
| Average loan | $818K | $618K | 1st of 11 |
| Median loan | $595K | $465K | 2nd of 11 |
| Purchases | 62.0% | 60.2% | 7th of 11 |
| Cash-out refinances | 15.5% | 18.6% | 9th of 11 |
| 2–4 unit properties | 45.4% | 46.4% | 8th of 11 |
| Top five lenders' share | 21.7% | 17.2% | 7th of 11 |
| Reported business-purpose | 69.6% | 73.3% | 9th of 11 |
Middlesex County: closed-end loans on 1–4 unit investment properties. Middlesex County's rank is highest first, among Massachusetts's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Middlesex County's investor loans.
What stands out in Middlesex County
The average investor loan in Middlesex County was $818K, the highest average of Massachusetts's 11 counties with published data (statewide: $618K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Middlesex County's 2,257 investor loans ranked 1st of Massachusetts's 11 counties with published data.
Does a DSCR loan pencil in Middlesex County?
At HUD's fair market rent of $3,584 for a 3-bedroom in Middlesex County, Massachusetts, a rental covers its full DSCR payment up to a purchase price of about $530,000, with 20% down at the 7.25% starting rate (November 2026). Middlesex County's median home value is $727,800; at that price the payment is $4,900 a month, so the property would need $4,925 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) | $3,008 / $3,584 / $3,953 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $727,800 |
| Median property taxes and effective rate | $7,501 (1.03% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $4,900 |
| Rent needed to cover that payment | $4,925 |
| Coverage of a 3-bedroom at fair market rent | 0.73 |
| Highest price a 3-bedroom at fair market rent covers | about $530,000 |
| HUD area | Boston-Cambridge-Quincy, MA-NH 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 Middlesex County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Middlesex County?
The most active investment-property lenders in Middlesex County in 2025 HMDA data were Leader Bank, National Association; GUARANTEED RATE, INC.; and CROSSCOUNTRY MORTGAGE, INC., out of 229 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.
Middlesex County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,257 loans and $1.85B from 229 lenders. Leader Bank, National Association led Middlesex County with 149 loans, 6.6% of the county's total, and the average Middlesex County loan of $818K compares with $618K across Massachusetts.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Leader Bank, National Association | 149 | $108.7M | $730K | 71.8% |
| GUARANTEED RATE, INC. | 95 | $55.8M | $587K | 65.3% |
| CROSSCOUNTRY MORTGAGE, INC. | 84 | $43.0M | $512K | 72.6% |
| The Village Bank | 82 | $178.8M | $2181K | 80.5% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 80 | $74.9M | $936K | 77.5% |
| Workers Federal Credit Union | 63 | $46.4M | $736K | 39.7% |
| CCG Fund 1, LLC | 58 | $125.3M | $2160K | 43.1% |
| Rocket Mortgage, LLC | 55 | $28.2M | $514K | 47.3% |
| Rockland Trust Company | 52 | $50.1M | $964K | 86.5% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 46 | $21.6M | $468K | 43.5% |
| East West Bank | 44 | $32.4M | $737K | 84.1% |
| Enterprise Bank and Trust Company | 38 | $34.2M | $901K | 86.8% |
| JEANNE D'ARC Credit Union | 36 | $12.9M | $359K | 77.8% |
| TD Bank, National Association | 33 | $27.6M | $835K | 57.6% |
| Winchester Co-operative Bank | 30 | $24.4M | $815K | 60.0% |
| PENNYMAC LOAN SERVICES, LLC | 30 | $19.8M | $661K | 56.7% |
| East Cambridge Savings Bank | 29 | $43.5M | $1501K | 79.3% |
| General Mortgage Capital Corporation | 29 | $20.5M | $707K | 75.9% |
| U.S. Bank National Association | 28 | $20.1M | $719K | 42.9% |
| Loan Funder LLC | 27 | $22.3M | $826K | 77.8% |
| Cambridge Savings Bank | 26 | $20.6M | $794K | 73.1% |
| The Lowell Five Cent Savings Bank | 25 | $20.8M | $831K | 76.0% |
| ABL RPC Residential Credit Acquisition LLC | 24 | $13.8M | $575K | 0.0% |
| Needham Bank | 23 | $40.4M | $1755K | 78.3% |
| Middlesex Savings Bank | 22 | $10.8M | $490K | 68.2% |
211 Massachusetts loans (2.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Middlesex County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Middlesex County CSV, all 25 lenders
What Middlesex County's table can't show you: fit. Short-term financing is exempt from HMDA, so Middlesex County's fix-and-flip and bridge lenders barely appear among its 229 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 →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 Middlesex County, Massachusetts deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Middlesex County, 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 — Middlesex County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 229 lenders and 2,257 loans: 2025 HMDA loan-level data rolled up to Middlesex County.
- Middlesex County investor-lender dataset (CSV) — All 25 lenders in the Middlesex County, Massachusetts table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Middlesex 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 Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Middlesex 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.