DSCR Loans in Morris County, New Jersey
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 Morris County, 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, 125 lenders made 466 investment-property loans there, 2.5% of New Jersey's total; the most active are in the table below.
Morris County investor market at a glance
| Statistic | Morris County | New Jersey | County rank |
|---|---|---|---|
| Investor loans | 466 | 18,316 | 15th of 20 |
| Reporting lenders | 125 | 439 | 15th of 20 |
| Loan volume | $228.6M | $7.88B | 13th of 20 |
| Average loan | $491K | $430K | 6th of 20 |
| Median loan | $415K | $365K | 8th of 20 |
| Purchases | 62.2% | 56.9% | 8th of 20 |
| Cash-out refinances | 23.4% | 26.0% | 12th of 20 |
| 2–4 unit properties | 20.0% | 30.0% | 11th of 20 |
| Top five lenders' share | 26.8% | 24.4% | 13th of 20 |
| Reported business-purpose | 76.6% | 81.1% | 15th of 20 |
Morris County: closed-end loans on 1–4 unit investment properties. Morris County's rank is highest first, among New Jersey's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Morris County's investor loans.
What stands out in Morris County
62.2% of Morris County's investor loans were purchases, ranking 8th highest of New Jersey's 20 counties with published data (statewide: 56.9%).
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.
20.0% of Morris County's investor loans financed a 2–4 unit property, ranking 10th lowest of New Jersey's 20 counties with published data (statewide: 30.0%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
Who are the DSCR and investment-property lenders in Morris County?
The most active investment-property lenders in Morris County in 2025 HMDA data were Loan Funder LLC; GUARANTEED RATE, INC.; and CROSSCOUNTRY MORTGAGE, INC., out of 125 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 Morris County, and matches each file to the one most likely to fund it.
Morris County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 466 loans and $228.6M from 125 lenders. Loan Funder LLC led Morris County with 38 loans, 8.2% of the county's total, and the average Morris County loan of $491K compares with $430K across New Jersey.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Loan Funder LLC | 38 | $21.3M | $560K | 50.0% |
| GUARANTEED RATE, INC. | 27 | $13.8M | $512K | 77.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 27 | $12.0M | $445K | 59.3% |
| Kiavi Funding, Inc. | 17 | $8.7M | $509K | 94.1% |
| ABL RPC Residential Credit Acquisition LLC | 16 | $17.2M | $1076K | 6.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 13 | $4.5M | $345K | 53.8% |
| PENNYMAC LOAN SERVICES, LLC | 11 | $5.1M | $461K | 63.6% |
| CHAMPIONS FUNDING, LLC | 11 | $4.4M | $402K | 45.5% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 10 | $5.1M | $506K | 60.0% |
| Rocket Mortgage, LLC | 10 | $4.2M | $422K | 50.0% |
| Commerce Home Mortgage, Inc. | 9 | $3.9M | $436K | 88.9% |
| FIRST COLONY MORTGAGE CORPORATION | 9 | $3.5M | $384K | 44.4% |
| THE LOAN STORE, INC. | 8 | $3.8M | $480K | 37.5% |
| Logan Finance Corporation | 8 | $3.8M | $474K | 50.0% |
| ABSOLUTE HOME MORTGAGE CORPORATION | 8 | $2.3M | $288K | 75.0% |
| AMERICAN HERITAGE LENDING, LLC | 7 | $4.6M | $654K | 57.1% |
| JPMorgan Chase Bank, National Association | 7 | $3.0M | $428K | 71.4% |
| KWIK MORTGAGE CORPORATION | 7 | $2.9M | $416K | 71.4% |
| A&D Mortgage LLC | 7 | $2.8M | $399K | 71.4% |
| HOMEXPRESS MORTGAGE CORP. | 7 | $2.8M | $399K | 57.1% |
| Hometown Equity Mortgage, LLC | 6 | $3.9M | $655K | 83.3% |
| Wells Fargo Bank, National Association | 6 | $1.9M | $317K | 66.7% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 5 | $6.2M | $1235K | 100.0% |
| Provident Bank | 5 | $2.2M | $449K | 60.0% |
| Cornerstone First Mortgage, Inc | 5 | $2.1M | $415K | 60.0% |
590 New Jersey loans (3.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Morris County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Morris County CSV, all 25 lenders
What Morris County's table can't show you: fit. Short-term financing is exempt from HMDA, so Morris County's fix-and-flip and bridge lenders barely appear among its 125 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 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 Morris County deals has Dominick Prevete closed?
The proof is a closing, not a promise.
- $289,000Dover, NJ
Single-family · DSCR purchase · closed December 2025
- $1,450,000Morris County, NJ
Single-family · DSCR cash-out refinance · closed October 2025
- $435,000Mendham, NJ
Single-family · DSCR cash-out refinance · closed September 2025
- $536,250Dover, NJ
4-unit · DSCR cash-out refinance · closed August 2025
- $612,000Dover, NJ
3-unit · DSCR purchase · closed April 2025
- $518,000Dover, NJ
2-unit · DSCR cash-out refinance · closed March 2025
These are closings Dominick Prevete arranged personally, 6 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 Morris County deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Morris County 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 — Morris County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 125 lenders and 466 loans: 2025 HMDA loan-level data rolled up to Morris County.
- Morris County investor-lender dataset (CSV) — All 25 Morris County lenders in the table, Loan Funder LLC first, with volume, average loan and purchase share for each.
- 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.