DSCR Loans in Tazewell County, Illinois
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 43 lenders made 179 investment-property loans in Tazewell County, 0.9% of Illinois's total. Dominick Prevete arranges DSCR loans across Tazewell County, Illinois, 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 $200,000.
Tazewell County investor market at a glance
| Statistic | Tazewell County | Illinois | County rank |
|---|---|---|---|
| Investor loans | 179 | 19,010 | 18th of 20 |
| Reporting lenders | 43 | 610 | 19th of 20 |
| Loan volume | $21.7M | $5.59B | 17th of 20 |
| Average loan | $121K | $294K | 15th of 20 |
| Median loan | $115K | $175K | 12th of 20 |
| Purchases | 63.1% | 61.9% | 16th of 20 |
| Cash-out refinances | 15.1% | 18.5% | 9th of 20 |
| 2–4 unit properties | 22.9% | 22.4% | 8th of 20 |
| Top five lenders' share | 54.7% | 20.7% | 5th of 20 |
| Reported business-purpose | 59.8% | 68.0% | 15th of 20 |
Tazewell County: closed-end loans on 1–4 unit investment properties. Tazewell County's rank is highest first, among Illinois's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Tazewell County's investor loans.
What stands out in Tazewell County
63.1% of Tazewell County's investor loans were purchases, the 5th-lowest share of Illinois's 20 counties with published data (statewide: 61.9%).
Refinances are a larger share here than in most of Illinois. A DSCR refinance qualifies on the property's current rent.
The five most active lenders wrote 54.7% of Tazewell County's investor loans, the 5th-highest share of Illinois's 20 counties with published data (statewide: 20.7%).
Five lenders write 54.7% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Tazewell County?
At HUD's fair market rent of $1,557 for a 3-bedroom in Tazewell County, Illinois, a rental covers its full DSCR payment up to a purchase price of about $200,000, with 20% down at the 7.25% starting rate (November 2026). Tazewell County's median home value is $167,500; at that price the payment is $1,279 a month, so the property would need $1,300 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) | $1,212 / $1,557 / $1,710 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $167,500 |
| Median property taxes and effective rate | $3,536 (2.11% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,279 |
| Rent needed to cover that payment | $1,300 |
| Coverage of a 3-bedroom at fair market rent | 1.22 |
| Highest price a 3-bedroom at fair market rent covers | about $200,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $315,000 |
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 Tazewell County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Tazewell County?
The most active investment-property lenders in Tazewell County in 2025 HMDA data were Morton Community Bank, CITIZENS EQUITY FIRST and Goodfield State Bank, out of 43 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 and matches each file to the one most likely to fund it.
Tazewell County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 179 loans and $21.7M from 43 lenders. Morton Community Bank led Tazewell County with 37 loans, 20.7% of the county's total, and the average Tazewell County loan of $121K compares with $294K across Illinois.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Morton Community Bank | 37 | $4.2M | $114K | 78.4% |
| CITIZENS EQUITY FIRST | 19 | $2.2M | $113K | 68.4% |
| Goodfield State Bank | 18 | $2.1M | $118K | 61.1% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 15 | $1.9M | $124K | 20.0% |
| Better Banks | 9 | $1.0M | $108K | 44.4% |
| FLAT BRANCH MORTGAGE, INC. | 7 | $1.1M | $162K | 28.6% |
| The First National Bank in Tremont | 6 | $1.0M | $160K | 66.7% |
| INB, National Association | 6 | $0.8M | $132K | 83.3% |
| BPL MORTGAGE TRUST, LLC | 6 | $0.7M | $108K | 83.3% |
| Community Partners Savings Bank | 4 | $0.3M | $83K | 50.0% |
| MLD MORTGAGE INC. | 4 | $0.3M | $80K | 100.0% |
| CBI Bank & Trust | 3 | $0.7M | $242K | 100.0% |
| COMPEER FINANCIAL, FLCA | 3 | $0.7M | $222K | 100.0% |
| Heartland Bank and Trust Company | 3 | $0.4M | $122K | 66.7% |
| Ipava State Bank | 3 | $0.4M | $118K | 33.3% |
| LEI:549300Q6X2WV4PYYV564 | 3 | $0.1M | $45K | 0.0% |
| Fortress Bank | 2 | $0.5M | $255K | 100.0% |
| First State Bank | 2 | $0.3M | $135K | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | 2 | $0.3M | $135K | 50.0% |
| Bank of Springfield | 2 | $0.3M | $130K | 100.0% |
| Iroquois Federal Savings and Loan Association | 2 | $0.1M | $75K | 100.0% |
| Rocket Mortgage, LLC | 2 | $0.1M | $50K | 100.0% |
| Solera National Bank | 1 | $0.2M | $245K | 100.0% |
| SERVIS ONE, INC. | 1 | $0.2M | $185K | 100.0% |
| AMWEST FUNDING CORP. | 1 | $0.2M | $185K | 100.0% |
388 Illinois loans (2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Tazewell County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Tazewell County CSV, all 25 lenders
What Tazewell County's table can't show you: fit. Short-term financing is exempt from HMDA, so Tazewell County's fix-and-flip and bridge lenders barely appear among its 43 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 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 Tazewell County, Illinois deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Tazewell County, Illinois 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 — Tazewell County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 43 lenders and 179 loans: 2025 HMDA loan-level data rolled up to Tazewell County.
- Tazewell County investor-lender dataset (CSV) — All 25 lenders in the Tazewell County, Illinois table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Tazewell 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 Peoria, IL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Tazewell 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.