DSCR Loans in Oakland County, Michigan
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 150 lenders made 1,396 investment-property loans in Oakland County, 11.3% of Michigan's total. Dominick Prevete arranges DSCR loans across Oakland County, Michigan, 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 $255,000.
Oakland County investor market at a glance
| Statistic | Oakland County | Michigan | County rank |
|---|---|---|---|
| Investor loans | 1,396 | 12,400 | 2nd of 16 |
| Reporting lenders | 150 | 428 | 2nd of 16 |
| Loan volume | $1.08B | $4.90B | 2nd of 16 |
| Average loan | $773K | $395K | 2nd of 16 |
| Median loan | $185K | $135K | 6th of 16 |
| Purchases | 61.2% | 56.1% | 6th of 16 |
| Cash-out refinances | 24.8% | 23.9% | 5th of 16 |
| 2–4 unit properties | 5.9% | 15.4% | 15th of 16 |
| Top five lenders' share | 45.5% | 40.3% | 5th of 16 |
| Reported business-purpose | 73.7% | 76.2% | 4th of 16 |
Oakland County: closed-end loans on 1–4 unit investment properties. Oakland County's rank is highest first, among Michigan's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Oakland County's investor loans.
What stands out in Oakland County
5.9% of Oakland County's investor loans financed a 2–4 unit property, the 2nd-lowest share of Michigan's 16 counties with published data (statewide: 15.4%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
The average investor loan in Oakland County was $773K, the 2nd-highest average of Michigan's 16 counties with published data (statewide: $395K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
By share of investor loans reported as business-purpose, Oakland County ranks 4th-highest of Michigan's 16 counties with published data (statewide: 76.2%).
73.7% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
Does a DSCR loan pencil in Oakland County?
At HUD's fair market rent of $1,777 for a 3-bedroom in Oakland County, Michigan, a rental covers its full DSCR payment up to a purchase price of about $255,000, with 20% down at the 7.25% starting rate (November 2026). Oakland County's median home value is $343,600; at that price the payment is $2,383 a month, so the property would need $2,400 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) | $1,459 / $1,777 / $1,929 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $343,600 |
| Median property taxes and effective rate | $4,371 (1.27% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,383 |
| Rent needed to cover that payment | $2,400 |
| Coverage of a 3-bedroom at fair market rent | 0.75 |
| Highest price a 3-bedroom at fair market rent covers | about $255,000 |
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 Oakland County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Oakland County?
The most active investment-property lenders in Oakland County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Rocket Mortgage, LLC; and Kiavi Funding, Inc., out of 150 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 Oakland County, and matches each file to the one most likely to fund it.
Oakland County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,396 loans and $1.08B from 150 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Oakland County with 327 loans, 23.4% of the county's total, and the average Oakland County loan of $773K compares with $395K across Michigan.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 327 | $69.6M | $213K | 56.3% |
| Rocket Mortgage, LLC | 105 | $21.3M | $203K | 59.0% |
| Kiavi Funding, Inc. | 100 | $26.5M | $265K | 81.0% |
| THE LOAN STORE, INC. | 61 | $12.9M | $212K | 68.9% |
| Genisys Credit Union | 42 | $30.4M | $723K | 69.0% |
| STAUNTON FINANCIAL, INC. | 39 | $9.9M | $253K | 66.7% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 37 | $7.6M | $205K | 48.6% |
| Loan Funder LLC | 31 | $8.0M | $257K | 41.9% |
| GUARANTEED RATE, INC. | 28 | $6.7M | $240K | 67.9% |
| LAKE MICHIGAN CREDIT UNION | 26 | $6.9M | $265K | 84.6% |
| Flagstar Bank, N.A. | 25 | $5.1M | $203K | 60.0% |
| The Huntington National Bank | 24 | $6.7M | $280K | 62.5% |
| JPMorgan Chase Bank, National Association | 23 | $5.7M | $246K | 78.3% |
| NEWREZ LLC | 22 | $4.6M | $208K | 36.4% |
| BPL MORTGAGE TRUST, LLC | 21 | $3.7M | $176K | 4.8% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 16 | $3.6M | $228K | 6.2% |
| UNION HOME MORTGAGE CORP. | 16 | $3.0M | $186K | 68.8% |
| MICHIGAN SCHOOLS AND GOVERNMENT | 14 | $3.7M | $266K | 78.6% |
| OCMBC, INC. | 13 | $2.9M | $223K | 46.2% |
| PULTE MORTGAGE LLC | 12 | $4.2M | $348K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 12 | $2.4M | $201K | 16.7% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 12 | $2.2M | $184K | 66.7% |
| Independent Bank | 10 | $4.9M | $487K | 90.0% |
| MORTGAGE 1 INCORPORATED | 10 | $2.8M | $277K | 60.0% |
| KIND LENDING, LLC | 10 | $2.8M | $275K | 60.0% |
763 Michigan loans (6.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Oakland County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Oakland County CSV, all 25 lenders
What Oakland County's table can't show you: fit. Short-term financing is exempt from HMDA, so Oakland County's fix-and-flip and bridge lenders barely appear among its 150 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 Oakland County, Michigan deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Oakland County, Michigan 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 — Oakland County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 150 lenders and 1,396 loans: 2025 HMDA loan-level data rolled up to Oakland County.
- Oakland County investor-lender dataset (CSV) — All 25 lenders in the Oakland County, Michigan table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Oakland 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 Detroit-Warren-Livonia, MI HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Oakland 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.