DSCR Loans in Payne County, Oklahoma
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 69 lenders made 204 investment-property loans in Payne County, 1.9% of Oklahoma's total. Dominick Prevete arranges DSCR loans across Payne County, Oklahoma, 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 $210,000.
Payne County investor market at a glance
| Statistic | Payne County | Oklahoma | County rank |
|---|---|---|---|
| Investor loans | 204 | 10,662 | 7th of 19 |
| Reporting lenders | 69 | 418 | 7th of 19 |
| Loan volume | $36.4M | $1.93B | 7th of 19 |
| Average loan | $179K | $181K | 10th of 19 |
| Median loan | $165K | $145K | 4th of 19 |
| Purchases | 69.6% | 62.5% | 6th of 19 |
| Cash-out refinances | 5.9% | 8.7% | 14th of 19 |
| 2–4 unit properties | 18.6% | 13.2% | 2nd of 19 |
| Top five lenders' share | 49.5% | 21.4% | 7th of 19 |
| Reported business-purpose | 65.7% | 63.5% | 8th of 19 |
Payne County: closed-end loans on 1–4 unit investment properties. Payne County's rank is highest first, among Oklahoma's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Payne County's investor loans.
What stands out in Payne County
18.6% of Payne County's investor loans financed a 2–4 unit property, the 2nd-highest share of Oklahoma's 19 counties with published data (statewide: 13.2%).
2–4 unit properties are a larger share here than in most of Oklahoma. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The median investor loan in Payne County was $165K, the 4th-highest median of Oklahoma's 19 counties with published data (statewide: $145K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in Payne County?
At HUD's fair market rent of $1,399 for a 3-bedroom in Payne County, Oklahoma, a rental covers its full DSCR payment up to a purchase price of about $210,000, with 20% down at the 7.25% starting rate (November 2026). Payne County's median home value is $223,300; at that price the payment is $1,470 a month, so the property would need $1,475 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) | $1,010 / $1,399 / $1,468 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $223,300 |
| Median property taxes and effective rate | $1,903 (0.85% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,470 |
| Rent needed to cover that payment | $1,475 |
| Coverage of a 3-bedroom at fair market rent | 0.95 |
| Highest price a 3-bedroom at fair market rent covers | about $210,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $305,000 |
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 Payne County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Payne County?
The most active investment-property lenders in Payne County in 2025 HMDA data were BancFirst, The Payne County Bank and Great Plains National Bank, out of 69 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.
Payne County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 204 loans and $36.4M from 69 lenders. BancFirst led Payne County with 55 loans, 27.0% of the county's total, and the average Payne County loan of $179K compares with $181K across Oklahoma.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| BancFirst | 55 | $8.1M | $148K | 74.5% |
| The Payne County Bank | 17 | $4.0M | $234K | 58.8% |
| Great Plains National Bank | 14 | $2.4M | $168K | 85.7% |
| RCB Bank | 8 | $2.0M | $245K | 75.0% |
| Simmons Bank | 7 | $1.4M | $201K | 85.7% |
| The Bank, National Association | 6 | $1.2M | $195K | 16.7% |
| First United Bank and Trust Company | 5 | $0.9M | $171K | 100.0% |
| Rocket Mortgage, LLC | 5 | $0.8M | $159K | 80.0% |
| Arvest Bank | 5 | $0.7M | $147K | 80.0% |
| MidFirst Bank | 3 | $0.5M | $155K | 33.3% |
| BLUE SKY BANK | 3 | $0.4M | $138K | 66.7% |
| CROSSCOUNTRY MORTGAGE, INC. | 3 | $0.4M | $138K | 100.0% |
| First Bank & Trust Co. | 3 | $0.4M | $128K | 0.0% |
| Armstrong Bank | 2 | $0.7M | $330K | 100.0% |
| Liberty National Bank | 2 | $0.6M | $295K | 100.0% |
| Equity Bank | 2 | $0.5M | $255K | 50.0% |
| First Security Bank | 2 | $0.5M | $245K | 100.0% |
| Tolleson Private Bank | 2 | $0.4M | $210K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 2 | $0.4M | $195K | 50.0% |
| LENNAR MORTGAGE, LLC | 2 | $0.3M | $175K | 100.0% |
| CMG MORTGAGE, INC. | 2 | $0.3M | $165K | 100.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.3M | $165K | 100.0% |
| NATIONSTAR MORTGAGE LLC | 2 | $0.3M | $150K | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | 2 | $0.2M | $120K | 100.0% |
| Cornerstone First Mortgage, Inc | 2 | $0.2M | $100K | 0.0% |
216 Oklahoma loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Payne County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Payne County CSV, all 25 lenders
What Payne County's table can't show you: fit. Short-term financing is exempt from HMDA, so Payne County's fix-and-flip and bridge lenders barely appear among its 69 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 Payne County, Oklahoma deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Payne County, Oklahoma 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 — Payne County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 69 lenders and 204 loans: 2025 HMDA loan-level data rolled up to Payne County.
- Payne County investor-lender dataset (CSV) — All 25 lenders in the Payne County, Oklahoma table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Payne 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 Payne County, OK.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Payne 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.