DSCR Loans in Rock Island County, Illinois
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, 47 lenders made 364 investment-property loans in Rock Island County, 1.9% of Illinois's total. Dominick Prevete arranges DSCR loans across Rock Island County, Illinois, 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 $175,000.
Rock Island County investor market at a glance
| Statistic | Rock Island County | Illinois | County rank |
|---|---|---|---|
| Investor loans | 364 | 19,010 | 12th of 20 |
| Reporting lenders | 47 | 610 | 18th of 20 |
| Loan volume | $38.8M | $5.59B | 15th of 20 |
| Average loan | $106K | $294K | 18th of 20 |
| Median loan | $85K | $175K | 17th of 20 |
| Purchases | 62.6% | 61.9% | 17th of 20 |
| Cash-out refinances | 6.3% | 18.5% | 19th of 20 |
| 2–4 unit properties | 26.9% | 22.4% | 5th of 20 |
| Top five lenders' share | 59.1% | 20.7% | 2nd of 20 |
| Reported business-purpose | 40.1% | 68.0% | 18th of 20 |
Rock Island County: closed-end loans on 1–4 unit investment properties. Rock Island County's rank is highest first, among Illinois's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Rock Island County's investor loans.
What stands out in Rock Island County
6.3% of Rock Island County's investor loans were cash-out refinances, the 2nd-lowest share of Illinois's 20 counties with published data (statewide: 18.5%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
The median investor loan in Rock Island County was $85K, the 2nd-lowest median of Illinois's 20 counties with published data (statewide: $175K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
The five most active lenders wrote 59.1% of Rock Island County's investor loans, the 2nd-highest share of Illinois's 20 counties with published data (statewide: 20.7%).
Five lenders write 59.1% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Rock Island County?
At HUD's fair market rent of $1,396 for a 3-bedroom in Rock Island County, Illinois, a rental covers its full DSCR payment up to a purchase price of about $175,000, with 20% down at the 7.25% starting rate (November 2026). Rock Island County's median home value is $150,400; at that price the payment is $1,169 a month, so the property would need $1,175 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) | $1,056 / $1,396 / $1,697 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $150,400 |
| Median property taxes and effective rate | $3,425 (2.28% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,169 |
| Rent needed to cover that payment | $1,175 |
| Coverage of a 3-bedroom at fair market rent | 1.19 |
| Highest price a 3-bedroom at fair market rent covers | about $175,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $270,000 |
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 Rock Island County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Rock Island County?
The most active investment-property lenders in Rock Island County in 2025 HMDA data were BANKORION, Blackhawk Bank & Trust and I. H. MISSISSIPPI VALLEY CREDIT UNION, out of 47 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 Rock Island County, and matches each file to the one most likely to fund it.
Rock Island County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 364 loans and $38.8M from 47 lenders. BANKORION led Rock Island County with 79 loans, 21.7% of the county's total, and the average Rock Island County loan of $106K compares with $294K across Illinois.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| BANKORION | 79 | $11.8M | $149K | 67.1% |
| Blackhawk Bank & Trust | 58 | $5.5M | $94K | 63.8% |
| I. H. MISSISSIPPI VALLEY CREDIT UNION | 28 | $2.5M | $88K | 78.6% |
| Blue Grass Savings Bank | 26 | $2.2M | $86K | 76.9% |
| Kiavi Funding, Inc. | 24 | $1.7M | $70K | 4.2% |
| ASCENTRA Credit Union | 18 | $1.9M | $106K | 38.9% |
| CBI Bank & Trust | 15 | $1.6M | $104K | 53.3% |
| GREENSTATE Credit Union | 11 | $0.9M | $80K | 90.9% |
| RUHL MORTGAGE, LLC | 9 | $1.1M | $127K | 88.9% |
| BPL MORTGAGE TRUST, LLC | 9 | $0.9M | $96K | 33.3% |
| First Central State Bank | 9 | $0.6M | $72K | 100.0% |
| Midwest Bank | 8 | $0.7M | $89K | 62.5% |
| Quad City Bank and Trust Company | 6 | $0.6M | $98K | 66.7% |
| RPE Home, Inc | 4 | $0.4M | $108K | 0.0% |
| Loan Funder LLC | 4 | $0.4M | $105K | 50.0% |
| Fidelity Bank | 4 | $0.4M | $95K | 0.0% |
| Rocket Mortgage, LLC | 4 | $0.3M | $63K | 50.0% |
| American Bank and Trust Company, National Association | 3 | $0.4M | $128K | 33.3% |
| Farmers National Bank | 3 | $0.2M | $78K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 3 | $0.2M | $78K | 33.3% |
| Central Bank Illinois | 2 | $0.3M | $155K | 100.0% |
| GUARANTEED RATE, INC. | 2 | $0.3M | $140K | 100.0% |
| R.I.A. Federal Credit Union | 2 | $0.2M | $115K | 50.0% |
| Empeople Credit Union | 2 | $0.2M | $110K | 100.0% |
| GAS AND ELECTRIC CREDIT UNION | 2 | $0.2M | $105K | 100.0% |
388 Illinois loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Rock Island County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Rock Island County CSV, all 25 lenders
What Rock Island County's table can't show you: fit. Short-term financing is exempt from HMDA, so Rock Island County's fix-and-flip and bridge lenders barely appear among its 47 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 Rock Island County, Illinois deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Rock Island County, Illinois 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 — Rock Island County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 47 lenders and 364 loans: 2025 HMDA loan-level data rolled up to Rock Island County.
- Rock Island County investor-lender dataset (CSV) — All 25 lenders in the Rock Island County, Illinois table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Rock Island 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 Davenport-Moline-Rock Island, IA-IL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Rock Island 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.