DSCR Loans in Raleigh County, West Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 29 lenders made 100 investment-property loans in Raleigh County, 4.9% of West Virginia's total. Dominick Prevete arranges DSCR loans across Raleigh County, West Virginia, 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.
Raleigh County investor market at a glance
| Statistic | Raleigh County | West Virginia | County rank |
|---|---|---|---|
| Investor loans | 100 | 2,025 | 6th of 6 |
| Reporting lenders | 29 | 230 | 6th of 6 |
| Loan volume | $11.2M | $347.7M | 6th of 6 |
| Average loan | $112K | $172K | 6th of 6 |
| Median loan | $95K | $155K | 6th of 6 |
| Purchases | 59.0% | 68.0% | 4th of 6 |
| Cash-out refinances | 12.0% | 12.0% | 3rd of 6 |
| 2–4 unit properties | 9.0% | 17.5% | 4th of 6 |
| Top five lenders' share | 59.0% | 22.6% | 2nd of 6 |
| Reported business-purpose | 49.0% | 55.3% | 5th of 6 |
Raleigh County: closed-end loans on 1–4 unit investment properties. Raleigh County's rank is highest first, among West Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Raleigh County's investor loans.
What stands out in Raleigh County
The average investor loan in Raleigh County was $112K, the lowest average of West Virginia's 6 counties with published data (statewide: $172K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Raleigh County's 100 investor loans ranked 6th of West Virginia's 6 counties with published data.
Does a DSCR loan pencil in Raleigh County?
At HUD's fair market rent of $1,346 for a 3-bedroom in Raleigh County, West Virginia, 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). Raleigh County's median home value is $150,900; at that price the payment is $949 a month, so the property would need $950 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) | $972 / $1,346 / $1,408 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $150,900 |
| Median property taxes and effective rate | $754 (0.50% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $949 |
| Rent needed to cover that payment | $950 |
| Coverage of a 3-bedroom at fair market rent | 1.42 |
| Highest price a 3-bedroom at fair market rent covers | about $210,000 |
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 Raleigh County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Raleigh County?
The most active investment-property lenders in Raleigh County in 2025 HMDA data were City National Bank of West Virginia; Pioneer Community Bank, Inc.; and Loan Funder LLC, out of 29 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 Raleigh County, and matches each file to the one most likely to fund it.
Raleigh County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 100 loans and $11.2M from 29 lenders. City National Bank of West Virginia led Raleigh County with 20 loans, 20.0% of the county's total, and the average Raleigh County loan of $112K compares with $172K across West Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| City National Bank of West Virginia | 20 | $3.0M | $149K | 65.0% |
| Pioneer Community Bank, Inc. | 13 | $0.9M | $66K | 53.8% |
| Loan Funder LLC | 10 | $1.2M | $116K | 80.0% |
| Pendleton Community Bank, Inc. | 10 | $1.1M | $109K | 60.0% |
| MCNB Bank and Trust Co. | 6 | $0.7M | $123K | 50.0% |
| Fayette County National Bank | 4 | $0.5M | $113K | 0.0% |
| Legacy Bank | 4 | $0.3M | $83K | 100.0% |
| Whitesville State Bank | 4 | $0.2M | $50K | 75.0% |
| RPE Home, Inc | 3 | $0.3M | $102K | 0.0% |
| JPMorgan Chase Bank, National Association | 3 | $0.3M | $92K | 66.7% |
| AMERICAN HERITAGE LENDING, LLC | 2 | $0.3M | $165K | 50.0% |
| Truist Bank | 2 | $0.2M | $110K | 100.0% |
| CONSTRUCTIVE LOANS, LLC | 2 | $0.2M | $85K | 0.0% |
| BETTER MORTGAGE CORPORATION | 2 | $0.1M | $70K | 50.0% |
| Alcova Mortgage LLC | 1 | $0.2M | $235K | 0.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 1 | $0.2M | $185K | 100.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 1 | $0.2M | $175K | 0.0% |
| Burke & Herbert Bank & Trust Company | 1 | $0.2M | $165K | 100.0% |
| 21st Mortgage Corporation | 1 | $0.1M | $145K | 100.0% |
| MOVEMENT MORTGAGE, LLC | 1 | $0.1M | $125K | 100.0% |
| Rocket Mortgage, LLC | 1 | $0.1M | $125K | 100.0% |
| AMWEST FUNDING CORP. | 1 | $0.1M | $125K | 100.0% |
| LENDSURE MORTGAGE CORP. | 1 | $0.1M | $125K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 1 | $0.1M | $125K | 0.0% |
| CHAMPIONS FUNDING, LLC | 1 | $0.1M | $115K | 0.0% |
63 West Virginia loans (3.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Raleigh County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Raleigh County CSV, all 25 lenders
What Raleigh County's table can't show you: fit. Short-term financing is exempt from HMDA, so Raleigh County's fix-and-flip and bridge lenders barely appear among its 29 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 Raleigh County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Raleigh County |
|---|---|---|---|
| Kanawha County, WV | 153 | 56 | Borders Raleigh County |
| Montgomery County, VA | 137 | 56 | About 65 miles away |
| Roanoke County, VA | 140 | 62 | About 65 miles away |
| Cabell County, WV | 140 | 36 | About 70 miles away |
| Boyd County, KY | 102 | 26 | About 85 miles away |
Run the coverage test on your Raleigh County, West Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Raleigh County, West Virginia 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 — Raleigh County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 29 lenders and 100 loans: 2025 HMDA loan-level data rolled up to Raleigh County.
- Raleigh County investor-lender dataset (CSV) — All 25 lenders in the Raleigh County, West Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Raleigh 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 Raleigh County, WV HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Raleigh 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.