DSCR Loans in Thurston County, Washington
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 105 lenders made 399 investment-property loans in Thurston County, 4.0% of Washington's total. Dominick Prevete arranges DSCR loans across Thurston County, Washington, 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 $380,000.
Thurston County investor market at a glance
| Statistic | Thurston County | Washington | County rank |
|---|---|---|---|
| Investor loans | 399 | 9,950 | 6th of 17 |
| Reporting lenders | 105 | 382 | 6th of 17 |
| Loan volume | $140.4M | $4.66B | 6th of 17 |
| Average loan | $352K | $468K | 12th of 17 |
| Median loan | $355K | $395K | 8th of 17 |
| Purchases | 55.9% | 53.8% | 8th of 17 |
| Cash-out refinances | 20.3% | 18.8% | 8th of 17 |
| 2–4 unit properties | 12.3% | 13.9% | 13th of 17 |
| Top five lenders' share | 29.1% | 20.1% | 11th of 17 |
| Reported business-purpose | 76.7% | 74.8% | 5th of 17 |
Thurston County: closed-end loans on 1–4 unit investment properties. Thurston County's rank is highest first, among Washington's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Thurston County's investor loans.
What stands out in Thurston County
Thurston County's 399 investor loans ranked 6th of Washington's 17 counties with published data.
Does a DSCR loan pencil in Thurston County?
At HUD's fair market rent of $2,541 for a 3-bedroom in Thurston County, Washington, a rental covers its full DSCR payment up to a purchase price of about $380,000, with 20% down at the 7.25% starting rate (November 2026). Thurston County's median home value is $480,300; at that price the payment is $3,172 a month, so the property would need $3,175 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) | $1,946 / $2,541 / $3,141 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $480,300 |
| Median property taxes and effective rate | $4,209 (0.88% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,172 |
| Rent needed to cover that payment | $3,175 |
| Coverage of a 3-bedroom at fair market rent | 0.80 |
| Highest price a 3-bedroom at fair market rent covers | about $380,000 |
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 Thurston County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Thurston County?
The most active investment-property lenders in Thurston County in 2025 HMDA data were Eastside Funding LLC; DHI MORTGAGE COMPANY, LTD.; and Rocket Mortgage, LLC, out of 105 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 Thurston County, and matches each file to the one most likely to fund it.
Thurston County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 399 loans and $140.4M from 105 lenders. Eastside Funding LLC led Thurston County with 44 loans, 11.0% of the county's total, and the average Thurston County loan of $352K compares with $468K across Washington.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Eastside Funding LLC | 44 | $9.3M | $211K | 65.9% |
| DHI MORTGAGE COMPANY, LTD. | 26 | $11.9M | $460K | 100.0% |
| Rocket Mortgage, LLC | 17 | $5.9M | $349K | 52.9% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 15 | $5.7M | $378K | 26.7% |
| THE LOAN STORE, INC. | 14 | $5.5M | $394K | 35.7% |
| GUILD MORTGAGE COMPANY | 14 | $5.4M | $385K | 71.4% |
| PENNYMAC LOAN SERVICES, LLC | 12 | $4.6M | $382K | 58.3% |
| O Bee Credit Union | 10 | $4.0M | $395K | 10.0% |
| Kiavi Funding, Inc. | 10 | $3.7M | $373K | 70.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 10 | $3.3M | $325K | 0.0% |
| Olympia Federal Savings & Loan Association | 10 | $3.1M | $310K | 50.0% |
| MOVEMENT MORTGAGE, LLC | 9 | $3.5M | $384K | 66.7% |
| JPMorgan Chase Bank, National Association | 8 | $3.4M | $430K | 87.5% |
| U.S. Bank National Association | 8 | $3.1M | $394K | 25.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 8 | $3.0M | $379K | 25.0% |
| HOMEXPRESS MORTGAGE CORP. | 7 | $2.4M | $336K | 85.7% |
| NEXERA HOLDING LLC | 7 | $2.0M | $279K | 0.0% |
| SAMMAMISH MORTGAGE COMPANY | 6 | $2.6M | $432K | 83.3% |
| Fairway Independent Mortgage Corporation | 6 | $2.2M | $370K | 100.0% |
| NEWREZ LLC | 6 | $1.8M | $297K | 0.0% |
| Timberland Bank | 6 | $1.6M | $273K | 83.3% |
| GUARANTEED RATE, INC. | 5 | $1.6M | $315K | 40.0% |
| Heritage Bank | 4 | $2.0M | $493K | 50.0% |
| KeyBank National Association | 4 | $1.7M | $428K | 50.0% |
| Citadel Servicing Corporation | 4 | $1.6M | $393K | 0.0% |
505 Washington loans (5.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Thurston County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Thurston County CSV, all 25 lenders
What Thurston County's table can't show you: fit. Short-term financing is exempt from HMDA, so Thurston County's fix-and-flip and bridge lenders barely appear among its 105 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 Thurston County, Washington deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Thurston County, Washington 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 — Thurston County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 105 lenders and 399 loans: 2025 HMDA loan-level data rolled up to Thurston County.
- Thurston County investor-lender dataset (CSV) — All 25 lenders in the Thurston County, Washington table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Thurston 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 Olympia-Lacey-Tumwater, WA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Thurston 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.