DSCR Loans in Multnomah County, Oregon
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 160 lenders made 952 investment-property loans in Multnomah County, 19.5% of Oregon's total. Dominick Prevete arranges DSCR loans across Multnomah County, Oregon, 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 $380,000.
Multnomah County investor market at a glance
| Statistic | Multnomah County | Oregon | County rank |
|---|---|---|---|
| Investor loans | 952 | 4,893 | 1st of 11 |
| Reporting lenders | 160 | 316 | 1st of 11 |
| Loan volume | $372.2M | $1.80B | 1st of 11 |
| Average loan | $391K | $368K | 4th of 11 |
| Median loan | $355K | $325K | 3rd of 11 |
| Purchases | 55.8% | 56.3% | 6th of 11 |
| Cash-out refinances | 25.2% | 23.2% | 6th of 11 |
| 2–4 unit properties | 23.6% | 19.1% | 4th of 11 |
| Top five lenders' share | 20.5% | 16.4% | 10th of 11 |
| Reported business-purpose | 79.7% | 71.8% | 1st of 11 |
Multnomah County: closed-end loans on 1–4 unit investment properties. Multnomah County's rank is highest first, among Oregon's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Multnomah County's investor loans.
What stands out in Multnomah County
By share of investor loans reported as business-purpose, Multnomah County ranks highest of Oregon's 11 counties with published data (statewide: 71.8%).
79.7% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The five most active lenders wrote 20.5% of Multnomah County's investor loans, the 2nd-lowest share of Oregon's 11 counties with published data (statewide: 16.4%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Multnomah County?
At HUD's fair market rent of $2,550 for a 3-bedroom in Multnomah County, Oregon, a rental covers its full DSCR payment up to a purchase price of about $380,000, with 20% down at the 7.25% starting rate (November 2026). Multnomah County's median home value is $552,700; at that price the payment is $3,688 a month, so the property would need $3,700 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) | $1,878 / $2,550 / $3,069 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $552,700 |
| Median property taxes and effective rate | $5,301 (0.96% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,688 |
| Rent needed to cover that payment | $3,700 |
| Coverage of a 3-bedroom at fair market rent | 0.69 |
| Highest price a 3-bedroom at fair market rent covers | about $380,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $560,000 |
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 Multnomah County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Multnomah County?
The most active investment-property lenders in Multnomah County in 2025 HMDA data were MERCHANTS MORTGAGE & TRUST CORPORATION, LLC; United Wholesale Mortgage; and Kiavi Funding, Inc., out of 160 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 Multnomah County, and matches each file to the one most likely to fund it.
Multnomah County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 952 loans and $372.2M from 160 lenders. MERCHANTS MORTGAGE & TRUST CORPORATION, LLC led Multnomah County with 46 loans, 4.8% of the county's total, and the average Multnomah County loan of $391K compares with $368K across Oregon.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 46 | $17.7M | $384K | 97.8% |
| United Wholesale Mortgage | 45 | $16.1M | $357K | 64.4% |
| Kiavi Funding, Inc. | 37 | $16.6M | $448K | 91.9% |
| THE LOAN STORE, INC. | 35 | $13.6M | $388K | 62.9% |
| NATIONS DIRECT MORTGAGE, LLC | 32 | $10.9M | $342K | 56.2% |
| GUARANTEED RATE, INC. | 31 | $13.0M | $420K | 61.3% |
| ONPOINT COMMUNITY CREDIT UNION | 28 | $9.5M | $339K | 71.4% |
| GUILD MORTGAGE COMPANY | 28 | $9.4M | $334K | 53.6% |
| HOMEXPRESS MORTGAGE CORP. | 27 | $13.3M | $491K | 22.2% |
| PENNYMAC LOAN SERVICES, LLC | 26 | $11.3M | $433K | 80.8% |
| 212 Loans of Oregon, LLC | 22 | $8.3M | $375K | 100.0% |
| NEWREZ LLC | 20 | $9.2M | $462K | 30.0% |
| LIMA ONE CAPITAL, LLC | 18 | $13.8M | $767K | 27.8% |
| KIND LENDING, LLC | 18 | $7.5M | $414K | 55.6% |
| Fairway Independent Mortgage Corporation | 17 | $7.0M | $412K | 76.5% |
| Rocket Mortgage, LLC | 16 | $6.0M | $375K | 68.8% |
| JPMorgan Chase Bank, National Association | 16 | $5.3M | $329K | 68.8% |
| RAIN CITY CAPITAL, LLC | 15 | $5.0M | $334K | 0.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 14 | $7.7M | $548K | 50.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 14 | $6.1M | $435K | 7.1% |
| CMG MORTGAGE, INC. | 12 | $4.7M | $390K | 33.3% |
| DEEPHAVEN MORTGAGE LLC | 12 | $3.6M | $298K | 8.3% |
| CV3 Financial Services, LLC | 11 | $4.2M | $384K | 54.5% |
| MORTGAGE EXPRESS, LLC | 11 | $3.3M | $296K | 63.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 11 | $3.2M | $295K | 36.4% |
130 Oregon loans (2.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Multnomah County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Multnomah County CSV, all 25 lenders
What Multnomah County's table can't show you: fit. Short-term financing is exempt from HMDA, so Multnomah County's fix-and-flip and bridge lenders barely appear among its 160 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 Multnomah County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Multnomah County |
|---|---|---|---|
| Clackamas County, OR | 429 | 122 | Borders Multnomah County |
| Clark County, WA | 545 | 139 | Borders Multnomah County |
| Washington County, OR | 542 | 134 | Borders Multnomah County |
| Marion County, OR | 355 | 102 | About 45 miles away |
| Cowlitz County, WA | 107 | 49 | About 45 miles away |
| Yamhill County, OR | 123 | 65 | About 50 miles away |
Run the coverage test on your Multnomah County, Oregon deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Multnomah County, Oregon 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 — Multnomah County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 160 lenders and 952 loans: 2025 HMDA loan-level data rolled up to Multnomah County.
- Multnomah County investor-lender dataset (CSV) — All 25 lenders in the Multnomah County, Oregon table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Multnomah 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 Portland-Vancouver-Hillsboro, OR-WA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Multnomah 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.