DSCR Loans in San Francisco County, California
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 159 lenders made 849 investment-property loans in San Francisco County, 1.6% of California's total. Dominick Prevete arranges DSCR loans across San Francisco County, California, 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 $745,000.
San Francisco County investor market at a glance
| Statistic | San Francisco County | California | County rank |
|---|---|---|---|
| Investor loans | 849 | 54,410 | 15th of 39 |
| Reporting lenders | 159 | 630 | 15th of 39 |
| Loan volume | $823.6M | $37.12B | 10th of 39 |
| Average loan | $970K | $682K | 4th of 39 |
| Median loan | $805K | $485K | 3rd of 39 |
| Purchases | 43.3% | 51.1% | 37th of 39 |
| Cash-out refinances | 23.2% | 25.6% | 25th of 39 |
| 2–4 unit properties | 36.9% | 16.6% | 1st of 39 |
| Top five lenders' share | 23.1% | 23.2% | 37th of 39 |
| Reported business-purpose | 74.7% | 71.2% | 7th of 39 |
San Francisco County: closed-end loans on 1–4 unit investment properties. San Francisco County's rank is highest first, among California's counties with at least 100 investor loans and 25 reporting lenders. Shares are of San Francisco County's investor loans.
What stands out in San Francisco County
36.9% of San Francisco County's investor loans financed a 2–4 unit property, the highest share of California's 39 counties with published data (statewide: 16.6%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The median investor loan in San Francisco County was $805K, the 3rd-highest median of California's 39 counties with published data (statewide: $485K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
43.3% of San Francisco County's investor loans were purchases, the 3rd-lowest share of California's 39 counties with published data (statewide: 51.1%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in San Francisco County?
At HUD's fair market rent of $4,832 for a 3-bedroom in San Francisco County, California, a rental covers its full DSCR payment up to a purchase price of about $745,000, with 20% down at the 7.25% starting rate (November 2026). San Francisco County's median home value is $1,394,500; at that price the payment is $9,013 a month, so the property would need $9,025 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) | $3,697 / $4,832 / $5,439 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $1,394,500 |
| Median property taxes and effective rate | $9,862 (0.71% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $9,013 |
| Rent needed to cover that payment | $9,025 |
| Coverage of a 3-bedroom at fair market rent | 0.54 |
| Highest price a 3-bedroom at fair market rent covers | about $745,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $1,140,000 |
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 San Francisco County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in San Francisco County?
The most active investment-property lenders in San Francisco County in 2025 HMDA data were CONVENTUS LLC; JPMorgan Chase Bank, National Association; and East West Bank, out of 159 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 San Francisco County, and matches each file to the one most likely to fund it.
San Francisco County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 849 loans and $823.6M from 159 lenders. CONVENTUS LLC led San Francisco County with 51 loans, 6.0% of the county's total, and the average San Francisco County loan of $970K compares with $682K across California.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CONVENTUS LLC | 51 | $78.1M | $1531K | 68.6% |
| JPMorgan Chase Bank, National Association | 46 | $38.0M | $826K | 60.9% |
| East West Bank | 35 | $30.0M | $857K | 34.3% |
| Rocket Mortgage, LLC | 33 | $21.7M | $657K | 51.5% |
| Kiavi Funding, Inc. | 31 | $37.6M | $1212K | 93.5% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 29 | $22.8M | $786K | 17.2% |
| General Mortgage Capital Corporation | 26 | $21.8M | $838K | 57.7% |
| GUARANTEED RATE, INC. | 23 | $19.4M | $845K | 47.8% |
| U.S. Bank National Association | 20 | $13.8M | $691K | 35.0% |
| THE LOAN STORE, INC. | 19 | $12.7M | $668K | 26.3% |
| Citizens Bank, National Association | 18 | $25.9M | $1441K | 44.4% |
| First Bridge Funding, Inc. | 13 | $13.5M | $1041K | 53.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 13 | $13.1M | $1007K | 38.5% |
| Fidelity Lending Solutions, Inc. | 12 | $9.0M | $749K | 41.7% |
| HOMEXPRESS MORTGAGE CORP. | 12 | $8.9M | $746K | 33.3% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 12 | $8.0M | $669K | 41.7% |
| Wells Fargo Bank, National Association | 11 | $17.1M | $1550K | 54.5% |
| OriginPoint, LLC | 11 | $14.2M | $1288K | 63.6% |
| PENNYMAC LOAN SERVICES, LLC | 11 | $10.6M | $963K | 45.5% |
| Loan Funder LLC | 10 | $17.2M | $1723K | 90.0% |
| Charles Schwab Bank, SSB | 10 | $10.9M | $1095K | 30.0% |
| ARC HOME LLC | 9 | $8.8M | $977K | 33.3% |
| CHAMPIONS FUNDING, LLC | 9 | $8.5M | $944K | 22.2% |
| Commerce Home Mortgage, Inc. | 9 | $8.3M | $923K | 44.4% |
| NEWREZ LLC | 9 | $6.1M | $683K | 22.2% |
1,726 California loans (3.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for San Francisco County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · San Francisco County CSV, all 25 lenders
What San Francisco County's table can't show you: fit. Short-term financing is exempt from HMDA, so San Francisco County's fix-and-flip and bridge lenders barely appear among its 159 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 San Francisco County, California deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a San Francisco County, California 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 — San Francisco County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 159 lenders and 849 loans: 2025 HMDA loan-level data rolled up to San Francisco County.
- San Francisco County investor-lender dataset (CSV) — All 25 lenders in the San Francisco County, California table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — San Francisco 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 San Francisco, CA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — San Francisco 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.