DSCR Loans in Saginaw County, Michigan
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 48 lenders made 195 investment-property loans in Saginaw County, 1.6% of Michigan's total. Dominick Prevete arranges DSCR loans across Saginaw County, Michigan, 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 $205,000.
Saginaw County investor market at a glance
| Statistic | Saginaw County | Michigan | County rank |
|---|---|---|---|
| Investor loans | 195 | 12,400 | 10th of 16 |
| Reporting lenders | 48 | 428 | 15th of 16 |
| Loan volume | $19.1M | $4.90B | 16th of 16 |
| Average loan | $98K | $395K | 16th of 16 |
| Median loan | $75K | $135K | 15th of 16 |
| Purchases | 61.0% | 56.1% | 7th of 16 |
| Cash-out refinances | 21.0% | 23.9% | 8th of 16 |
| 2–4 unit properties | 23.6% | 15.4% | 8th of 16 |
| Top five lenders' share | 53.8% | 40.3% | 2nd of 16 |
| Reported business-purpose | 65.6% | 76.2% | 10th of 16 |
Saginaw County: closed-end loans on 1–4 unit investment properties. Saginaw County's rank is highest first, among Michigan's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Saginaw County's investor loans.
What stands out in Saginaw County
The median investor loan in Saginaw County was $75K, the lowest median of Michigan's 16 counties with published data (statewide: $135K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
The five most active lenders wrote 53.8% of Saginaw County's investor loans, the 2nd-highest share of Michigan's 16 counties with published data (statewide: 40.3%).
Five lenders write 53.8% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Saginaw County?
At HUD's fair market rent of $1,466 for a 3-bedroom in Saginaw County, Michigan, a rental covers its full DSCR payment up to a purchase price of about $205,000, with 20% down at the 7.25% starting rate (November 2026). Saginaw County's median home value is $152,800; at that price the payment is $1,088 a month, so the property would need $1,100 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) | $1,141 / $1,466 / $1,500 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $152,800 |
| Median property taxes and effective rate | $2,284 (1.49% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,088 |
| Rent needed to cover that payment | $1,100 |
| Coverage of a 3-bedroom at fair market rent | 1.35 |
| Highest price a 3-bedroom at fair market rent covers | about $205,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $320,000 |
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 Saginaw County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Saginaw County?
The most active investment-property lenders in Saginaw County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Frankenmuth Credit Union; and 1ST STATE FINANCIAL, LTD., out of 48 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 Saginaw County, and matches each file to the one most likely to fund it.
Saginaw County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 195 loans and $19.1M from 48 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Saginaw County with 51 loans, 26.2% of the county's total, and the average Saginaw County loan of $98K compares with $395K across Michigan.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 51 | $3.3M | $64K | 72.5% |
| Frankenmuth Credit Union | 23 | $2.4M | $105K | 39.1% |
| 1ST STATE FINANCIAL, LTD. | 15 | $1.4M | $96K | 66.7% |
| Isabella Bank | 8 | $1.6M | $203K | 75.0% |
| Kiavi Funding, Inc. | 8 | $1.1M | $141K | 87.5% |
| AMERICAN HERITAGE LENDING, LLC | 8 | $1.0M | $124K | 62.5% |
| LAKE MICHIGAN CREDIT UNION | 6 | $0.7M | $120K | 83.3% |
| Wildfire Credit Union | 6 | $0.5M | $82K | 16.7% |
| Rocket Mortgage, LLC | 6 | $0.5M | $82K | 50.0% |
| The Huntington National Bank | 4 | $0.5M | $120K | 100.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 4 | $0.4M | $105K | 0.0% |
| OCMBC, INC. | 3 | $0.4M | $122K | 33.3% |
| Independent Bank | 3 | $0.3M | $112K | 33.3% |
| CV3 FINANCIAL SERVICES, LLC | 3 | $0.3M | $102K | 66.7% |
| County National Bank | 3 | $0.3M | $95K | 100.0% |
| UNITED FINANCIAL Credit Union | 3 | $0.2M | $68K | 33.3% |
| JOLT CREDIT UNION | 3 | $0.1M | $45K | 66.7% |
| SOUTHWEST FUNDING, LP | 2 | $0.4M | $215K | 100.0% |
| Great Lakes Federal Credit Union | 2 | $0.3M | $160K | 100.0% |
| J. VIRGIL, INC. | 2 | $0.2M | $115K | 50.0% |
| FINANCIAL PLUS CREDIT UNION | 2 | $0.2M | $90K | 100.0% |
| ChoiceOne Bank | 2 | $0.1M | $70K | 0.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.1M | $60K | 50.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 2 | $0.1M | $50K | 100.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 1 | $0.2M | $225K | 0.0% |
763 Michigan loans (6.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Saginaw County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Saginaw County CSV, all 25 lenders
What Saginaw County's table can't show you: fit. Short-term financing is exempt from HMDA, so Saginaw County's fix-and-flip and bridge lenders barely appear among its 48 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 Saginaw County, Michigan deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Saginaw County, Michigan 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 — Saginaw County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 48 lenders and 195 loans: 2025 HMDA loan-level data rolled up to Saginaw County.
- Saginaw County investor-lender dataset (CSV) — All 25 lenders in the Saginaw County, Michigan table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Saginaw 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 Saginaw, MI MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Saginaw 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.