DSCR Loans in Washoe County, Nevada
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 126 lenders made 649 investment-property loans in Washoe County, 11.5% of Nevada's total. Dominick Prevete arranges DSCR loans across Washoe County, Nevada, 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 $390,000.
Washoe County investor market at a glance
| Statistic | Washoe County | Nevada | County rank |
|---|---|---|---|
| Investor loans | 649 | 5,641 | 2nd of 2 |
| Reporting lenders | 126 | 272 | 2nd of 2 |
| Loan volume | $250.5M | $1.98B | 2nd of 2 |
| Average loan | $386K | $351K | 1st of 2 |
| Median loan | $345K | $295K | 1st of 2 |
| Purchases | 64.7% | 67.3% | 2nd of 2 |
| Cash-out refinances | 18.6% | 17.2% | 1st of 2 |
| 2–4 unit properties | 9.9% | 5.5% | 1st of 2 |
| Top five lenders' share | 29.6% | 24.8% | 1st of 2 |
| Reported business-purpose | 66.9% | 73.7% | 2nd of 2 |
Washoe County: closed-end loans on 1–4 unit investment properties. Washoe County's rank is highest first, among Nevada's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Washoe County's investor loans.
What stands out in Washoe County
18.6% of Washoe County's investor loans were cash-out refinances, the highest share of Nevada's 2 counties with published data (statewide: 17.2%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The average investor loan in Washoe County was $386K, the highest average of Nevada's 2 counties with published data (statewide: $351K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
66.9% of Washoe County's investor loans were reported as business-purpose, the lowest share of Nevada's 2 counties with published data (statewide: 73.7%).
Fewer investor loans here were reported as business-purpose than in most of Nevada. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
Does a DSCR loan pencil in Washoe County?
At HUD's fair market rent of $2,452 for a 3-bedroom in Washoe County, Nevada, a rental covers its full DSCR payment up to a purchase price of about $390,000, with 20% down at the 7.25% starting rate (November 2026). Washoe County's median home value is $539,900; at that price the payment is $3,370 a month, so the property would need $3,375 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) | $1,837 / $2,452 / $2,842 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $539,900 |
| Median property taxes and effective rate | $2,385 (0.44% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,370 |
| Rent needed to cover that payment | $3,375 |
| Coverage of a 3-bedroom at fair market rent | 0.73 |
| Highest price a 3-bedroom at fair market rent covers | about $390,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $585,000 |
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 Washoe County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Washoe County?
The most active investment-property lenders in Washoe County in 2025 HMDA data were THE LOAN STORE, INC.; GUILD MORTGAGE COMPANY; and DHI MORTGAGE COMPANY, LTD., out of 126 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 Washoe County, and matches each file to the one most likely to fund it.
Washoe County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 649 loans and $250.5M from 126 lenders. THE LOAN STORE, INC. led Washoe County with 44 loans, 6.8% of the county's total, and the average Washoe County loan of $386K compares with $351K across Nevada.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| THE LOAN STORE, INC. | 44 | $16.7M | $380K | 61.4% |
| GUILD MORTGAGE COMPANY | 44 | $12.2M | $276K | 59.1% |
| DHI MORTGAGE COMPANY, LTD. | 38 | $11.7M | $308K | 100.0% |
| United Wholesale Mortgage | 35 | $14.8M | $423K | 62.9% |
| Rocket Mortgage, LLC | 31 | $8.5M | $274K | 51.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 29 | $11.7M | $405K | 65.5% |
| Kiavi Funding, Inc. | 27 | $12.2M | $451K | 92.6% |
| CHAMPIONS FUNDING, LLC | 19 | $6.5M | $341K | 26.3% |
| PENNYMAC LOAN SERVICES, LLC | 18 | $7.2M | $402K | 88.9% |
| LENNAR MORTGAGE, LLC | 16 | $5.8M | $361K | 100.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 16 | $5.7M | $355K | 37.5% |
| DEEPHAVEN MORTGAGE LLC | 16 | $5.4M | $336K | 50.0% |
| INFINITY EQUITY GROUP, LLC. | 15 | $7.9M | $529K | 60.0% |
| GREATER NEVADA LLC | 13 | $4.5M | $343K | 100.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 12 | $5.0M | $414K | 91.7% |
| JPMorgan Chase Bank, National Association | 12 | $4.9M | $409K | 75.0% |
| HOMEXPRESS MORTGAGE CORP. | 10 | $3.9M | $393K | 60.0% |
| SUMMIT FUNDING, INC. | 9 | $3.7M | $409K | 77.8% |
| OCMBC, INC. | 9 | $3.6M | $401K | 44.4% |
| Broker Solutions, Inc. | 9 | $3.2M | $351K | 44.4% |
| U.S. Bank National Association | 8 | $3.6M | $448K | 62.5% |
| UNITED FEDERAL CREDIT UNION | 7 | $2.0M | $285K | 57.1% |
| Genesis Capital, LLC | 6 | $5.3M | $888K | 16.7% |
| Sierra Pacific Mortgage Company, Inc. | 6 | $1.9M | $322K | 50.0% |
| NexBank | 5 | $4.2M | $833K | 80.0% |
7 Nevada loans (0.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Washoe County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Washoe County CSV, all 25 lenders
What Washoe County's table can't show you: fit. Short-term financing is exempt from HMDA, so Washoe County's fix-and-flip and bridge lenders barely appear among its 126 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 Washoe County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Washoe County |
|---|---|---|---|
| Placer County, CA | 900 | 170 | Borders Washoe County |
| Nevada County, CA | 165 | 66 | Borders Washoe County |
| Shasta County, CA | 203 | 76 | About 125 miles away |
| Butte County, CA | 218 | 72 | About 125 miles away |
Run the coverage test on your Washoe County, Nevada deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Washoe County, Nevada 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 — Washoe County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 126 lenders and 649 loans: 2025 HMDA loan-level data rolled up to Washoe County.
- Washoe County investor-lender dataset (CSV) — All 25 lenders in the Washoe County, Nevada table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Washoe 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 Reno, NV HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Washoe 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.