DSCR Loans in Racine County, Wisconsin
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 107 lenders made 375 investment-property loans in Racine County, 4.2% of Wisconsin's total. Dominick Prevete arranges DSCR loans across Racine County, Wisconsin, 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 $225,000.
Racine County investor market at a glance
| Statistic | Racine County | Wisconsin | County rank |
|---|---|---|---|
| Investor loans | 375 | 8,874 | 4th of 17 |
| Reporting lenders | 107 | 462 | 2nd of 17 |
| Loan volume | $66.2M | $1.96B | 6th of 17 |
| Average loan | $177K | $221K | 14th of 17 |
| Median loan | $155K | $175K | 11th of 17 |
| Purchases | 56.5% | 59.3% | 14th of 17 |
| Cash-out refinances | 25.1% | 16.9% | 3rd of 17 |
| 2–4 unit properties | 38.1% | 41.0% | 13th of 17 |
| Top five lenders' share | 32.0% | 14.2% | 13th of 17 |
| Reported business-purpose | 70.7% | 66.8% | 8th of 17 |
Racine County: closed-end loans on 1–4 unit investment properties. Racine County's rank is highest first, among Wisconsin's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Racine County's investor loans.
What stands out in Racine County
25.1% of Racine County's investor loans were cash-out refinances, the 3rd-highest share of Wisconsin's 17 counties with published data (statewide: 16.9%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The average investor loan in Racine County was $177K, the 4th-lowest average of Wisconsin's 17 counties with published data (statewide: $221K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
56.5% of Racine County's investor loans were purchases, the 4th-lowest share of Wisconsin's 17 counties with published data (statewide: 59.3%).
Refinances are a larger share here than in most of Wisconsin. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Racine County?
At HUD's fair market rent of $1,639 for a 3-bedroom in Racine County, Wisconsin, a rental covers its full DSCR payment up to a purchase price of about $225,000, with 20% down at the 7.25% starting rate (November 2026). Racine County's median home value is $251,400; at that price the payment is $1,818 a month, so the property would need $1,825 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) | $1,283 / $1,639 / $1,984 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $251,400 |
| Median property taxes and effective rate | $4,099 (1.63% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,818 |
| Rent needed to cover that payment | $1,825 |
| Coverage of a 3-bedroom at fair market rent | 0.90 |
| Highest price a 3-bedroom at fair market rent covers | about $225,000 |
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 Racine County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Racine County?
The most active investment-property lenders in Racine County in 2025 HMDA data were EDUCATORS CREDIT UNION; Kiavi Funding, Inc.; and Landmark Credit Union, out of 107 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 Racine County, and matches each file to the one most likely to fund it.
Racine County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 375 loans and $66.2M from 107 lenders. EDUCATORS CREDIT UNION led Racine County with 49 loans, 13.1% of the county's total, and the average Racine County loan of $177K compares with $221K across Wisconsin.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| EDUCATORS CREDIT UNION | 49 | $8.4M | $172K | 40.8% |
| Kiavi Funding, Inc. | 31 | $5.2M | $168K | 61.3% |
| Landmark Credit Union | 15 | $2.5M | $166K | 73.3% |
| Summit Credit Union | 13 | $1.8M | $138K | 38.5% |
| HOMEXPRESS MORTGAGE CORP. | 12 | $2.1M | $177K | 8.3% |
| Bank Five Nine | 10 | $1.7M | $168K | 30.0% |
| T2 FINANCIAL LLC | 9 | $1.9M | $211K | 44.4% |
| Rocket Mortgage, LLC | 9 | $1.2M | $138K | 55.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 8 | $1.3M | $160K | 100.0% |
| Johnson Financial Group | 8 | $1.3M | $160K | 62.5% |
| Republic Bank of Chicago | 8 | $0.9M | $115K | 100.0% |
| Community State Bank | 7 | $2.1M | $296K | 42.9% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 7 | $1.2M | $175K | 42.9% |
| AMERICAN HERITAGE LENDING, LLC | 7 | $1.1M | $156K | 71.4% |
| TRUSTONE FINANCIAL CREDIT UNION | 7 | $0.9M | $131K | 14.3% |
| GUILD MORTGAGE COMPANY | 6 | $0.9M | $157K | 100.0% |
| OCMBC, INC. | 6 | $0.7M | $115K | 66.7% |
| Tri City National Bank | 5 | $1.2M | $249K | 80.0% |
| Ixonia Bank | 5 | $1.2M | $243K | 80.0% |
| United Wholesale Mortgage | 5 | $0.9M | $185K | 40.0% |
| DEEPHAVEN MORTGAGE LLC | 5 | $0.8M | $163K | 40.0% |
| FIRST COLONY MORTGAGE CORPORATION | 5 | $0.8M | $159K | 60.0% |
| LIMA ONE CAPITAL, LLC | 4 | $0.9M | $228K | 75.0% |
| CMG MORTGAGE, INC. | 4 | $0.6M | $160K | 75.0% |
| JPMorgan Chase Bank, National Association | 4 | $0.3M | $88K | 50.0% |
154 Wisconsin loans (1.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Racine County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Racine County CSV, all 25 lenders
What Racine County's table can't show you: fit. Short-term financing is exempt from HMDA, so Racine County's fix-and-flip and bridge lenders barely appear among its 107 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 Racine County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Racine County |
|---|---|---|---|
| Kenosha County, WI | 242 | 82 | Borders Racine County |
| Milwaukee County, WI | 2,253 | 203 | Borders Racine County |
| Walworth County, WI | 157 | 87 | Borders Racine County |
| Waukesha County, WI | 287 | 104 | Borders Racine County |
| Allegan County, MI | 114 | 58 | Borders Racine County |
| Ottawa County, MI | 155 | 55 | Borders Racine County |
Run the coverage test on your Racine County, Wisconsin deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Racine County, Wisconsin 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 — Racine County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 107 lenders and 375 loans: 2025 HMDA loan-level data rolled up to Racine County.
- Racine County investor-lender dataset (CSV) — All 25 lenders in the Racine County, Wisconsin table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Racine 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 Racine-Mount Pleasant, WI MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Racine 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.