DSCR Loans in Southeastern Connecticut Planning Region, Connecticut
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 113 lenders made 428 investment-property loans in Southeastern Connecticut Planning Region, 7.3% of Connecticut's total. Dominick Prevete arranges DSCR loans across Southeastern Connecticut Planning Region, Connecticut, 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 $330,000.
See which lenders are most active in Southeastern Connecticut Planning Region →
Southeastern Connecticut Planning Region investor market at a glance
| Statistic | Southeastern Connecticut Planning Region | Connecticut | County rank |
|---|---|---|---|
| Investor loans | 428 | 5,824 | 6th of 8 |
| Reporting lenders | 113 | 325 | 6th of 8 |
| Loan volume | $116.5M | $2.06B | 6th of 8 |
| Average loan | $272K | $354K | 8th of 8 |
| Median loan | $245K | $295K | 7th of 8 |
| Purchases | 61.2% | 58.0% | 2nd of 8 |
| Cash-out refinances | 26.6% | 26.9% | 6th of 8 |
| 2–4 unit properties | 44.2% | 41.2% | 5th of 8 |
| Top five lenders' share | 25.0% | 24.0% | 4th of 8 |
| Reported business-purpose | 79.4% | 82.1% | 4th of 8 |
Southeastern Connecticut Planning Region: closed-end loans on 1–4 unit investment properties. Southeastern Connecticut Planning Region's rank is highest first, among Connecticut's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Southeastern Connecticut Planning Region's investor loans.
What stands out in Southeastern Connecticut Planning Region
The average investor loan in Southeastern Connecticut Planning Region was $272K, the lowest average of Connecticut's 8 counties with published data (statewide: $354K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
61.2% of Southeastern Connecticut Planning Region's investor loans were purchases, the 2nd-highest share of Connecticut's 8 counties with published data (statewide: 58.0%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
Does a DSCR loan pencil in Southeastern Connecticut Planning Region?
At HUD's fair market rent of $2,418 for a 3-bedroom in Southeastern Connecticut Planning Region, Connecticut, a rental covers its full DSCR payment up to a purchase price of about $330,000, with 20% down at the 7.25% starting rate (November 2026). Southeastern Connecticut Planning Region's median home value is $323,400; at that price the payment is $2,335 a month, so the property would need $2,350 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) | $1,902 / $2,418 / $2,995 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $323,400 |
| Median property taxes and effective rate | $5,228 (1.62% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,335 |
| Rent needed to cover that payment | $2,350 |
| Coverage of a 3-bedroom at fair market rent | 1.04 |
| Highest price a 3-bedroom at fair market rent covers | about $330,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $525,000 |
| HUD area | Norwich-New London-Willimantic, CT MSA |
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 Southeastern Connecticut Planning Region's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Southeastern Connecticut Planning Region?
The most active investment-property lenders in Southeastern Connecticut Planning Region in 2025 HMDA data were Chelsea Groton Bank; Kiavi Funding, Inc.; and Loan Funder LLC, out of 113 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 several that reported in Southeastern Connecticut Planning Region, and matches each file to the one most likely to fund it.
Southeastern Connecticut Planning Region's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 428 loans and $116.5M from 113 lenders. Chelsea Groton Bank led Southeastern Connecticut Planning Region with 29 loans, 6.8% of the county's total, and the average Southeastern Connecticut Planning Region loan of $272K compares with $354K across Connecticut.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Chelsea Groton Bank | 29 | $9.3M | $322K | 62.1% |
| Kiavi Funding, Inc. | 27 | $7.2M | $265K | 77.8% |
| Loan Funder LLC | 18 | $5.8M | $322K | 83.3% |
| Rocket Mortgage, LLC | 17 | $3.2M | $189K | 35.3% |
| OCMBC, INC. | 16 | $4.6M | $285K | 50.0% |
| CHAMPIONS FUNDING, LLC | 15 | $5.1M | $342K | 40.0% |
| DIME BANK | 13 | $3.3M | $254K | 69.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 13 | $3.2M | $243K | 53.8% |
| Charter Oak Federal Credit Union | 13 | $3.0M | $229K | 84.6% |
| TOTAL MORTGAGE SERVICES, LLC | 10 | $2.3M | $231K | 60.0% |
| AMWEST FUNDING CORP. | 9 | $2.3M | $251K | 77.8% |
| HOMEXPRESS MORTGAGE CORP. | 8 | $2.5M | $309K | 37.5% |
| T2 FINANCIAL LLC | 7 | $1.8M | $258K | 71.4% |
| GUARANTEED RATE, INC. | 7 | $1.7M | $244K | 71.4% |
| Fairway Independent Mortgage Corporation | 7 | $1.6M | $225K | 85.7% |
| Liberty Bank | 7 | $1.5M | $214K | 42.9% |
| FIRST COMMUNITY MORTGAGE, INC. | 7 | $1.3M | $181K | 14.3% |
| KIND LENDING, LLC | 6 | $1.8M | $305K | 100.0% |
| Prosperity Home Mortgage, LLC | 6 | $1.8M | $302K | 100.0% |
| PLAZA HOME MORTGAGE, INC. | 6 | $1.5M | $257K | 66.7% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 6 | $1.5M | $252K | 66.7% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 6 | $1.1M | $190K | 16.7% |
| Logan Finance Corporation | 5 | $1.6M | $315K | 40.0% |
| Citizens Bank, National Association | 5 | $1.5M | $309K | 40.0% |
| Hometown Equity Mortgage, LLC | 5 | $1.4M | $287K | 40.0% |
551 Connecticut loans (9.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Southeastern Connecticut Planning Region: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Southeastern Connecticut Planning Region CSV, all 25 lenders
What Southeastern Connecticut Planning Region's table can't show you: fit. Short-term financing is exempt from HMDA, so Southeastern Connecticut Planning Region's fix-and-flip and bridge lenders barely appear among its 113 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 several 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 Southeastern Connecticut Planning Region, Connecticut deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Southeastern Connecticut Planning Region, Connecticut 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 — Southeastern Connecticut Planning Region's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 113 lenders and 428 loans: 2025 HMDA loan-level data rolled up to Southeastern Connecticut Planning Region.
- Southeastern Connecticut Planning Region investor-lender dataset (CSV) — All 25 lenders in the Southeastern Connecticut Planning Region, Connecticut table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Southeastern Connecticut Planning Region'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 Norwich-New London-Willimantic, CT MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Southeastern Connecticut Planning Region'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.