DSCR Loans in Penobscot County, Maine
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)
In 2025 HMDA data, 55 lenders made 193 investment-property loans in Penobscot County, 10.8% of Maine's total. Dominick Prevete arranges DSCR loans across Penobscot County, Maine, 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 $320,000.
Penobscot County investor market at a glance
| Statistic | Penobscot County | Maine | County rank |
|---|---|---|---|
| Investor loans | 193 | 1,783 | 3rd of 6 |
| Reporting lenders | 55 | 196 | 3rd of 6 |
| Loan volume | $41.8M | $571.4M | 4th of 6 |
| Average loan | $216K | $320K | 6th of 6 |
| Median loan | $195K | $265K | 6th of 6 |
| Purchases | 60.6% | 60.9% | 3rd of 6 |
| Cash-out refinances | 14.5% | 14.9% | 4th of 6 |
| 2–4 unit properties | 42.0% | 35.6% | 3rd of 6 |
| Top five lenders' share | 46.6% | 27.0% | 2nd of 6 |
| Reported business-purpose | 76.2% | 69.3% | 1st of 6 |
Penobscot County: closed-end loans on 1–4 unit investment properties. Penobscot County's rank is highest first, among Maine's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Penobscot County's investor loans.
What stands out in Penobscot County
By share of investor loans reported as business-purpose, Penobscot County ranks highest of Maine's 6 counties with published data (statewide: 69.3%).
76.2% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The average investor loan in Penobscot County was $216K, the lowest average of Maine's 6 counties with published data (statewide: $320K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Penobscot County?
At HUD's fair market rent of $2,203 for a 3-bedroom in Penobscot County, Maine, a rental covers its full DSCR payment up to a purchase price of about $320,000, with 20% down at the 7.25% starting rate (November 2026). Penobscot County's median home value is $214,100; at that price the payment is $1,464 a month, so the property would need $1,475 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,722 / $2,203 / $2,495 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $214,100 |
| Median property taxes and effective rate | $2,481 (1.16% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,464 |
| Rent needed to cover that payment | $1,475 |
| Coverage of a 3-bedroom at fair market rent | 1.50 |
| Highest price a 3-bedroom at fair market rent covers | about $320,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $500,000 |
| HUD area | Bangor, ME HUD Metro FMR Area |
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 Penobscot County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Penobscot County?
The most active investment-property lenders in Penobscot County in 2025 HMDA data were Machias Savings Bank, Bangor Savings Bank and First National Bank, out of 55 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 one that reported in Penobscot County, and matches each file to the one most likely to fund it.
Penobscot County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 193 loans and $41.8M from 55 lenders. Machias Savings Bank led Penobscot County with 32 loans, 16.6% of the county's total, and the average Penobscot County loan of $216K compares with $320K across Maine.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Machias Savings Bank | 32 | $9.1M | $285K | 78.1% |
| Bangor Savings Bank | 21 | $5.2M | $248K | 76.2% |
| First National Bank | 20 | $3.5M | $173K | 65.0% |
| The Camden National Bank | 10 | $1.5M | $151K | 50.0% |
| Maine Savings Federal Credit Union | 7 | $2.1M | $294K | 57.1% |
| United Wholesale Mortgage | 7 | $1.9M | $268K | 28.6% |
| TOTAL MORTGAGE SERVICES, LLC | 7 | $1.5M | $216K | 57.1% |
| Katahdin Trust Company | 5 | $0.9M | $187K | 80.0% |
| Acadia Federal Credit Union | 5 | $0.2M | $45K | 20.0% |
| The County Federal Credit Union | 4 | $1.4M | $345K | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | 4 | $1.0M | $240K | 25.0% |
| Androscoggin Savings Bank | 4 | $0.7M | $183K | 25.0% |
| University Credit Union | 4 | $0.4M | $103K | 75.0% |
| Bar Harbor Bank & Trust | 4 | $0.4M | $103K | 50.0% |
| Rocket Mortgage, LLC | 3 | $0.7M | $242K | 33.3% |
| EMBRACE HOME LOANS, INC. | 3 | $0.6M | $198K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 3 | $0.5M | $175K | 66.7% |
| A&D Mortgage LLC | 2 | $0.6M | $295K | 100.0% |
| OCMBC, INC. | 2 | $0.6M | $295K | 0.0% |
| NextMortgage, LLC | 2 | $0.5M | $260K | 50.0% |
| LEADERONE FINANCIAL CORPORATION | 2 | $0.5M | $230K | 100.0% |
| GUARANTEED RATE, INC. | 2 | $0.5M | $230K | 100.0% |
| CMG MORTGAGE, INC. | 2 | $0.4M | $215K | 0.0% |
| MEGASTAR FINANCIAL CORP. | 2 | $0.4M | $210K | 100.0% |
| Maine State Credit Union | 2 | $0.4M | $200K | 50.0% |
12 Maine loans (0.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Penobscot County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Penobscot County CSV, all 25 lenders
What Penobscot County's table can't show you: fit. Short-term financing is exempt from HMDA, so Penobscot County's fix-and-flip and bridge lenders barely appear among its 55 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 Penobscot County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Penobscot County |
|---|---|---|---|
| Kennebec County, ME | 192 | 53 | About 85 miles away |
| Androscoggin County, ME | 107 | 44 | About 115 miles away |
| Oxford County, ME | 102 | 45 | About 120 miles away |
| Cumberland County, ME | 343 | 93 | About 140 miles away |
Run the coverage test on your Penobscot County, Maine deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Penobscot County, Maine 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 — Penobscot County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 55 lenders and 193 loans: 2025 HMDA loan-level data rolled up to Penobscot County.
- Penobscot County investor-lender dataset (CSV) — All 25 lenders in the Penobscot County, Maine table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Penobscot 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 Bangor, ME HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Penobscot 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.