DSCR Loans in Monongalia County, West Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 53 lenders made 142 investment-property loans in Monongalia County, 7.0% of West Virginia's total. Dominick Prevete arranges DSCR loans across Monongalia County, West Virginia, 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.
Monongalia County investor market at a glance
| Statistic | Monongalia County | West Virginia | County rank |
|---|---|---|---|
| Investor loans | 142 | 2,025 | 4th of 6 |
| Reporting lenders | 53 | 230 | 3rd of 6 |
| Loan volume | $30.7M | $347.7M | 3rd of 6 |
| Average loan | $216K | $172K | 2nd of 6 |
| Median loan | $165K | $155K | 3rd of 6 |
| Purchases | 81.7% | 68.0% | 2nd of 6 |
| Cash-out refinances | 7.7% | 12.0% | 4th of 6 |
| 2–4 unit properties | 22.5% | 17.5% | 3rd of 6 |
| Top five lenders' share | 39.4% | 22.6% | 5th of 6 |
| Reported business-purpose | 67.6% | 55.3% | 1st of 6 |
Monongalia County: closed-end loans on 1–4 unit investment properties. Monongalia County's rank is highest first, among West Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Monongalia County's investor loans.
What stands out in Monongalia County
By share of investor loans reported as business-purpose, Monongalia County ranks highest of West Virginia's 6 counties with published data (statewide: 55.3%).
67.6% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
Monongalia County's 142 investor loans ranked 4th of West Virginia's 6 counties with published data.
Does a DSCR loan pencil in Monongalia County?
At HUD's fair market rent of $1,404 for a 3-bedroom in Monongalia County, West Virginia, 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). Monongalia County's median home value is $267,700; at that price the payment is $1,676 a month, so the property would need $1,700 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) | $1,143 / $1,404 / $1,704 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $267,700 |
| Median property taxes and effective rate | $1,248 (0.47% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,676 |
| Rent needed to cover that payment | $1,700 |
| Coverage of a 3-bedroom at fair market rent | 0.84 |
| Highest price a 3-bedroom at fair market rent covers | about $220,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $365,000 |
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 Monongalia County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Monongalia County?
The most active investment-property lenders in Monongalia County in 2025 HMDA data were Clear Mountain Bank, United Bank and City National Bank of West Virginia, out of 53 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 Monongalia County, and matches each file to the one most likely to fund it.
Monongalia County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 142 loans and $30.7M from 53 lenders. Clear Mountain Bank led Monongalia County with 22 loans, 15.5% of the county's total, and the average Monongalia County loan of $216K compares with $172K across West Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Clear Mountain Bank | 22 | $8.6M | $391K | 81.8% |
| United Bank | 10 | $1.8M | $180K | 90.0% |
| City National Bank of West Virginia | 9 | $2.0M | $222K | 100.0% |
| The Huntington National Bank | 8 | $1.3M | $159K | 75.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 7 | $1.2M | $169K | 100.0% |
| FIRST UNITED CORPORATION | 6 | $2.1M | $350K | 83.3% |
| BPL MORTGAGE TRUST, LLC | 6 | $0.6M | $98K | 100.0% |
| Burke & Herbert Bank & Trust Company | 5 | $1.1M | $227K | 80.0% |
| INTERCOASTAL MORTGAGE, LLC | 5 | $0.8M | $153K | 100.0% |
| A&D Mortgage LLC | 4 | $0.8M | $213K | 100.0% |
| OCMBC, INC. | 4 | $0.8M | $200K | 75.0% |
| Truist Bank | 4 | $0.5M | $133K | 75.0% |
| Rocket Mortgage, LLC | 3 | $0.7M | $248K | 100.0% |
| U.S. Bank National Association | 3 | $0.3M | $92K | 66.7% |
| GUARANTEED RATE, INC. | 2 | $0.4M | $195K | 50.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $0.3M | $175K | 0.0% |
| Kiavi Funding, Inc. | 2 | $0.3M | $165K | 100.0% |
| First Exchange Bank | 2 | $0.3M | $150K | 100.0% |
| WesBanco Bank, Inc. | 2 | $0.3M | $140K | 50.0% |
| FIRST HOME MORTGAGE CORPORATION | 2 | $0.2M | $95K | 100.0% |
| 21st Mortgage Corporation | 2 | $0.2M | $85K | 100.0% |
| NVR Mortgage Finance, Inc. | 1 | $0.4M | $445K | 100.0% |
| The Poca Valley Bank, Inc. | 1 | $0.3M | $345K | 0.0% |
| First Western Federal Savings Bank | 1 | $0.3M | $315K | 100.0% |
| NEXERA HOLDING LLC | 1 | $0.3M | $305K | 100.0% |
63 West Virginia loans (3.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Monongalia County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Monongalia County CSV, all 25 lenders
What Monongalia County's table can't show you: fit. Short-term financing is exempt from HMDA, so Monongalia County's fix-and-flip and bridge lenders barely appear among its 53 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 →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 Monongalia County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Monongalia County |
|---|---|---|---|
| Fayette County, PA | 169 | 41 | Borders Monongalia County |
| Washington County, PA | 264 | 63 | About 40 miles away |
| Belmont County, OH | 119 | 28 | About 55 miles away |
| Westmoreland County, PA | 331 | 85 | About 55 miles away |
Run the coverage test on your Monongalia County, West Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Monongalia County, West Virginia 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 — Monongalia County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 53 lenders and 142 loans: 2025 HMDA loan-level data rolled up to Monongalia County.
- Monongalia County investor-lender dataset (CSV) — All 25 lenders in the Monongalia County, West Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Monongalia 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 Morgantown, WV MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Monongalia 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.