DSCR Loans in Sussex County, Delaware
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, 141 lenders made 484 investment-property loans in Sussex County, 26.7% of Delaware's total. Dominick Prevete arranges DSCR loans across Sussex County, Delaware, 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 $300,000.
Sussex County investor market at a glance
| Statistic | Sussex County | Delaware | County rank |
|---|---|---|---|
| Investor loans | 484 | 1,816 | 2nd of 3 |
| Reporting lenders | 141 | 222 | 2nd of 3 |
| Loan volume | $189.0M | $478.4M | 2nd of 3 |
| Average loan | $391K | $263K | 1st of 3 |
| Median loan | $290K | $215K | 1st of 3 |
| Purchases | 74.2% | 59.4% | 1st of 3 |
| Cash-out refinances | 12.2% | 24.3% | 3rd of 3 |
| 2–4 unit properties | 4.3% | 9.4% | 3rd of 3 |
| Top five lenders' share | 19.2% | 23.2% | 3rd of 3 |
| Reported business-purpose | 65.5% | 74.8% | 3rd of 3 |
Sussex County: closed-end loans on 1–4 unit investment properties. Sussex County's rank is highest first, among Delaware's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Sussex County's investor loans.
What stands out in Sussex County
65.5% of Sussex County's investor loans were reported as business-purpose, the lowest share of Delaware's 3 counties with published data (statewide: 74.8%).
Fewer investor loans here were reported as business-purpose than in most of Delaware. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
The median investor loan in Sussex County was $290K, the highest median of Delaware's 3 counties with published data (statewide: $215K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
74.2% of Sussex County's investor loans were purchases, the highest share of Delaware's 3 counties with published data (statewide: 59.4%).
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 Sussex County?
At HUD's fair market rent of $1,843 for a 3-bedroom in Sussex County, Delaware, a rental covers its full DSCR payment up to a purchase price of about $300,000, with 20% down at the 7.25% starting rate (November 2026). Sussex County's median home value is $382,600; at that price the payment is $2,349 a month, so the property would need $2,350 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) | $1,498 / $1,843 / $2,222 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $382,600 |
| Median property taxes and effective rate | $1,222 (0.32% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,349 |
| Rent needed to cover that payment | $2,350 |
| Coverage of a 3-bedroom at fair market rent | 0.78 |
| Highest price a 3-bedroom at fair market rent covers | about $300,000 |
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 Sussex County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Sussex County?
The most active investment-property lenders in Sussex County in 2025 HMDA data were Luminate Bank; Rocket Mortgage, LLC; and DOMINION FINANCIAL SERVICES, LLC, out of 141 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 Sussex County, and matches each file to the one most likely to fund it.
Sussex County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 484 loans and $189.0M from 141 lenders. Luminate Bank led Sussex County with 26 loans, 5.4% of the county's total, and the average Sussex County loan of $391K compares with $263K across Delaware.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Luminate Bank | 26 | $7.8M | $302K | 53.8% |
| Rocket Mortgage, LLC | 19 | $6.0M | $314K | 15.8% |
| DOMINION FINANCIAL SERVICES, LLC | 17 | $3.8M | $226K | 94.1% |
| Artisans' Bank | 16 | $10.6M | $664K | 68.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 15 | $10.1M | $672K | 80.0% |
| United Wholesale Mortgage | 14 | $5.0M | $359K | 64.3% |
| CMG MORTGAGE, INC. | 11 | $5.0M | $450K | 90.9% |
| Loandepot.Com, LLC | 11 | $4.9M | $447K | 81.8% |
| Capital Bank, National Association | 11 | $3.7M | $338K | 72.7% |
| NEWREZ LLC | 11 | $3.2M | $291K | 81.8% |
| DEEPHAVEN MORTGAGE LLC | 11 | $3.1M | $280K | 54.5% |
| EMBRACE HOME LOANS, INC. | 10 | $5.1M | $507K | 70.0% |
| Wilmington Savings Fund Society, FSB | 10 | $3.5M | $345K | 70.0% |
| PIKE CREEK MORTGAGE SERVICES, INC. | 10 | $2.7M | $266K | 60.0% |
| Fairway Independent Mortgage Corporation | 9 | $3.5M | $388K | 100.0% |
| A&D Mortgage LLC | 9 | $3.3M | $372K | 88.9% |
| NVR Mortgage Finance, Inc. | 9 | $2.2M | $242K | 100.0% |
| Prosperity Home Mortgage, LLC | 8 | $4.0M | $499K | 87.5% |
| LENNAR MORTGAGE, LLC | 8 | $1.9M | $243K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 7 | $2.9M | $421K | 71.4% |
| FIRST HOME MORTGAGE CORPORATION | 7 | $2.8M | $406K | 100.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | 7 | $1.6M | $222K | 42.9% |
| Bank of America, National Association | 6 | $3.0M | $503K | 83.3% |
| MOVEMENT MORTGAGE, LLC | 6 | $2.9M | $488K | 100.0% |
| LINKBANK | 6 | $2.4M | $393K | 83.3% |
83 Delaware loans (4.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Sussex County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Sussex County CSV, all 25 lenders
What Sussex County's table can't show you: fit. Short-term financing is exempt from HMDA, so Sussex County's fix-and-flip and bridge lenders barely appear among its 141 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 →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Sussex County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Sussex County |
|---|---|---|---|
| Kent County, DE | 212 | 81 | Borders Sussex County |
| Wicomico County, MD | 155 | 54 | Borders Sussex County |
| Worcester County, MD | 352 | 114 | Borders Sussex County |
| Cape May County, NJ | 620 | 146 | Borders Sussex County |
Run the coverage test on your Sussex County, Delaware deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Sussex County, Delaware 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 — Sussex County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 141 lenders and 484 loans: 2025 HMDA loan-level data rolled up to Sussex County.
- Sussex County investor-lender dataset (CSV) — All 25 lenders in the Sussex County, Delaware table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Sussex 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 Sussex County, DE.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Sussex 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.