DSCR Loans in Washington County, Maryland
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, 82 lenders made 241 investment-property loans in Washington County, 2.5% of Maryland's total. Dominick Prevete arranges DSCR loans across Washington 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 $260,000.
Washington County investor market at a glance
| Statistic | Washington County | Maryland | County rank |
|---|---|---|---|
| Investor loans | 241 | 9,728 | 10th of 15 |
| Reporting lenders | 82 | 412 | 10th of 15 |
| Loan volume | $51.9M | $2.59B | 10th of 15 |
| Average loan | $215K | $266K | 13th of 15 |
| Median loan | $195K | $225K | 13th of 15 |
| Purchases | 63.1% | 56.1% | 9th of 15 |
| Cash-out refinances | 17.8% | 20.9% | 10th of 15 |
| 2–4 unit properties | 26.1% | 7.2% | 1st of 15 |
| Top five lenders' share | 29.9% | 24.7% | 5th of 15 |
| Reported business-purpose | 73.4% | 75.0% | 4th of 15 |
Washington County: closed-end loans on 1–4 unit investment properties. Washington County's rank is highest first, among Maryland's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Washington County's investor loans.
What stands out in Washington County
26.1% of Washington County's investor loans financed a 2–4 unit property, the highest share of Maryland's 15 counties with published data (statewide: 7.2%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The average investor loan in Washington County was $215K, the 3rd-lowest average of Maryland's 15 counties with published data (statewide: $266K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Washington County?
At HUD's fair market rent of $1,714 for a 3-bedroom in Washington County, Maryland, a rental covers its full DSCR payment up to a purchase price of about $260,000, with 20% down at the 7.25% starting rate (November 2026). Washington County's median home value is $296,100; at that price the payment is $1,946 a month, so the property would need $1,950 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) | $1,284 / $1,714 / $1,923 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $296,100 |
| Median property taxes and effective rate | $2,481 (0.84% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,946 |
| Rent needed to cover that payment | $1,950 |
| Coverage of a 3-bedroom at fair market rent | 0.88 |
| Highest price a 3-bedroom at fair market rent covers | about $260,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $390,000 |
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 Washington County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Washington County?
The most active investment-property lenders in Washington County in 2025 HMDA data were United Bank; Rocket Mortgage, LLC; and ACNB Bank, out of 82 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 Washington County, and matches each file to the one most likely to fund it.
Washington County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 241 loans and $51.9M from 82 lenders. United Bank led Washington County with 22 loans, 9.1% of the county's total, and the average Washington County loan of $215K compares with $266K across Maryland.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| United Bank | 22 | $4.3M | $194K | 63.6% |
| Rocket Mortgage, LLC | 15 | $2.7M | $181K | 86.7% |
| ACNB Bank | 13 | $3.2M | $243K | 30.8% |
| CV3 FINANCIAL SERVICES, LLC | 12 | $2.2M | $184K | 83.3% |
| OCMBC, INC. | 10 | $1.9M | $192K | 50.0% |
| Middletown Valley Bank | 8 | $2.4M | $298K | 87.5% |
| GUARANTEED RATE, INC. | 8 | $2.2M | $270K | 37.5% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 8 | $1.2M | $153K | 50.0% |
| BPL MORTGAGE TRUST, LLC | 7 | $1.6M | $222K | 28.6% |
| Loan Funder LLC | 7 | $1.1M | $151K | 85.7% |
| Kiavi Funding, Inc. | 6 | $1.2M | $205K | 83.3% |
| NEWREZ LLC | 6 | $1.1M | $192K | 66.7% |
| LENDINGONE, LLC | 5 | $1.2M | $233K | 40.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 5 | $1.2M | $233K | 60.0% |
| Truist Bank | 5 | $1.0M | $193K | 100.0% |
| Jefferson Security Bank | 4 | $1.4M | $353K | 75.0% |
| Northpointe Bank | 4 | $0.9M | $230K | 75.0% |
| MILLENNIUM FINANCIAL GROUP, INC. | 4 | $0.9M | $223K | 100.0% |
| DOMINION FINANCIAL SERVICES, LLC | 4 | $0.6M | $153K | 25.0% |
| CNB Bank, Inc. | 3 | $0.9M | $288K | 100.0% |
| NFM, INC. | 3 | $0.7M | $228K | 66.7% |
| KIND LENDING, LLC | 3 | $0.7M | $218K | 66.7% |
| Bank of Romney | 3 | $0.6M | $185K | 100.0% |
| NYMEO FEDERAL CREDIT UNION | 3 | $0.6M | $185K | 0.0% |
| A&D Mortgage LLC | 2 | $0.9M | $455K | 50.0% |
784 Maryland loans (8.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Washington County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Washington County CSV, all 25 lenders
What Washington County's table can't show you: fit. Short-term financing is exempt from HMDA, so Washington County's fix-and-flip and bridge lenders barely appear among its 82 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 Washington County, Maryland deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Washington 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 — Washington County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 82 lenders and 241 loans: 2025 HMDA loan-level data rolled up to Washington County.
- Washington County investor-lender dataset (CSV) — All 25 lenders in the Washington County, Maryland table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Washington 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 Hagerstown, MD HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Washington 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.