DSCR Loans in St. Mary's County, Maryland
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 47 lenders made 110 investment-property loans in St. Mary's County, 1.1% of Maryland's total. Dominick Prevete arranges DSCR loans across St. Mary's County, Maryland, 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 $340,000.
St. Mary's County investor market at a glance
| Statistic | St. Mary's County | Maryland | County rank |
|---|---|---|---|
| Investor loans | 110 | 9,728 | 15th of 15 |
| Reporting lenders | 47 | 412 | 15th of 15 |
| Loan volume | $28.1M | $2.59B | 14th of 15 |
| Average loan | $256K | $266K | 10th of 15 |
| Median loan | $245K | $225K | 9th of 15 |
| Purchases | 52.7% | 56.1% | 13th of 15 |
| Cash-out refinances | 33.6% | 20.9% | 1st of 15 |
| 2–4 unit properties | 1.8% | 7.2% | 11th of 15 |
| Top five lenders' share | 30.0% | 24.7% | 4th of 15 |
| Reported business-purpose | 72.7% | 75.0% | 5th of 15 |
St. Mary's County: closed-end loans on 1–4 unit investment properties. St. Mary's County's rank is highest first, among Maryland's counties with at least 100 investor loans and 25 reporting lenders. Shares are of St. Mary's County's investor loans.
What stands out in St. Mary's County
33.6% of St. Mary's County's investor loans were cash-out refinances, the highest share of Maryland's 15 counties with published data (statewide: 20.9%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
52.7% of St. Mary's County's investor loans were purchases, the 3rd-lowest share of Maryland's 15 counties with published data (statewide: 56.1%).
Refinances are a larger share here than in most of Maryland. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in St. Mary's County?
At HUD's fair market rent of $2,242 for a 3-bedroom in St. Mary's County, Maryland, a rental covers its full DSCR payment up to a purchase price of about $340,000, with 20% down at the 7.25% starting rate (November 2026). St. Mary's County's median home value is $407,600; at that price the payment is $2,680 a month, so the property would need $2,700 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) | $1,787 / $2,242 / $2,853 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $407,600 |
| Median property taxes and effective rate | $3,424 (0.84% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,680 |
| Rent needed to cover that payment | $2,700 |
| Coverage of a 3-bedroom at fair market rent | 0.84 |
| Highest price a 3-bedroom at fair market rent covers | about $340,000 |
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 St. Mary's County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in St. Mary's County?
The most active investment-property lenders in St. Mary's County in 2025 HMDA data were FIRST HOME MORTGAGE CORPORATION; DEEPHAVEN MORTGAGE LLC; and Kiavi Funding, Inc., 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 two that reported in St. Mary's County, and matches each file to the one most likely to fund it.
St. Mary's County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 110 loans and $28.1M from 47 lenders. FIRST HOME MORTGAGE CORPORATION led St. Mary's County with 9 loans, 8.2% of the county's total, and the average St. Mary's County loan of $256K compares with $266K across Maryland.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| FIRST HOME MORTGAGE CORPORATION | 9 | $2.0M | $224K | 88.9% |
| DEEPHAVEN MORTGAGE LLC | 7 | $1.9M | $274K | 14.3% |
| Kiavi Funding, Inc. | 6 | $1.5M | $255K | 66.7% |
| Fairway Independent Mortgage Corporation | 6 | $1.3M | $213K | 33.3% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 5 | $1.6M | $313K | 40.0% |
| Rocket Mortgage, LLC | 4 | $1.5M | $383K | 25.0% |
| CMG MORTGAGE, INC. | 4 | $1.0M | $258K | 75.0% |
| NEWREZ LLC | 4 | $1.0M | $253K | 100.0% |
| OCMBC, INC. | 4 | $0.9M | $233K | 75.0% |
| DOMINION FINANCIAL SERVICES, LLC | 3 | $1.0M | $348K | 33.3% |
| HOMEXPRESS MORTGAGE CORP. | 3 | $0.8M | $255K | 33.3% |
| BPL MORTGAGE TRUST, LLC | 3 | $0.7M | $222K | 0.0% |
| Towne Bank | 3 | $0.6M | $198K | 100.0% |
| Truist Bank | 3 | $0.6M | $192K | 66.7% |
| CHAMPIONS FUNDING, LLC | 3 | $0.6M | $188K | 0.0% |
| Vellum Mortgage, Inc. | 3 | $0.5M | $178K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 2 | $0.6M | $285K | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | 2 | $0.6M | $280K | 100.0% |
| AMERITRUST MORTGAGE CORPORATION | 2 | $0.5M | $270K | 0.0% |
| AMWEST FUNDING CORP. | 2 | $0.5M | $270K | 50.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 2 | $0.5M | $255K | 0.0% |
| Shore United Bank, N.A. | 2 | $0.5M | $245K | 50.0% |
| AML FUNDING LLC | 2 | $0.4M | $205K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.4M | $180K | 50.0% |
| Atlantic Union Bank | 2 | $0.2M | $105K | 100.0% |
784 Maryland loans (8.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for St. Mary's County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · St. Mary's County CSV, all 25 lenders
What St. Mary's County's table can't show you: fit. Short-term financing is exempt from HMDA, so St. Mary's 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 St. Mary's County, Maryland deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a St. Mary's County, Maryland 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 — St. Mary's County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 47 lenders and 110 loans: 2025 HMDA loan-level data rolled up to St. Mary's County.
- St. Mary's County investor-lender dataset (CSV) — All 25 lenders in the St. Mary's County, Maryland table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — St. Mary's 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 St. Mary's County, MD HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — St. Mary's 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.