DSCR Loans in Wisconsin
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)
Dominick Prevete arranges DSCR loans across Wisconsin, 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. In 2025 HMDA data, 462 lenders made 8,874 investment-property loans in Wisconsin; the most active are in the table below, and 17 counties have their own page.
Wisconsin investor market at a glance
| Statistic | Wisconsin | National | State rank |
|---|---|---|---|
| Investor loans | 8,874 | 553,332 | 23rd of 51 |
| Reporting lenders | 462 | 4,120 | 17th of 51 |
| Loan volume | $1.96B | $190.57B | 27th of 51 |
| Average loan | $221K | $344K | 38th of 51 |
| Median loan | $175K | — | 33rd of 51 |
| Purchases | 59.3% | 59.2% | 29th of 51 |
| Cash-out refinances | 16.9% | 18.8% | 29th of 51 |
| 2–4 unit properties | 41.0% | 17.3% | 5th of 51 |
| Top five lenders' share | 14.2% | 21.9% | 51st of 51 |
| Reported business-purpose | 66.8% | 70.8% | 33rd of 51 |
Wisconsin: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 50 states and DC. The national figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in Wisconsin
The five most active lenders wrote 14.2% of Wisconsin's investor loans, the lowest share of the 50 states and DC (national figure: 21.9%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
41.0% of Wisconsin's investor loans financed a 2–4 unit property, the 5th-highest share of the 50 states and DC (national figure: 17.3%).
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.
Who are the DSCR and investment-property lenders in Wisconsin?
The most active investment-property lenders in Wisconsin in 2025 HMDA data were Kiavi Funding, Inc.; Nicolet National Bank; and Summit Credit Union, out of 462 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 several that reported in Wisconsin, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered Wisconsin's 2025 filings to closed-end loans on 1–4 unit investment properties: 8,874 loans totaling $1.96B across 462 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 316 | $56.7M | $180K | 67.7% |
| Nicolet National Bank | 278 | $66.1M | $238K | 86.0% |
| Summit Credit Union | 250 | $55.9M | $224K | 57.6% |
| United Wholesale Mortgage | 240 | $42.1M | $175K | 50.8% |
| EDUCATORS CREDIT UNION | 178 | $36.4M | $205K | 35.4% |
| COVANTAGE CREDIT UNION | 170 | $27.6M | $163K | 47.6% |
| Community First | 141 | $39.0M | $277K | 29.1% |
| FOX COMMUNITIES Credit Union | 127 | $26.3M | $207K | 52.0% |
| Rocket Mortgage, LLC | 124 | $23.2M | $187K | 54.0% |
| HOMEXPRESS MORTGAGE CORP. | 113 | $22.3M | $197K | 10.6% |
| Fairway Independent Mortgage Corporation | 106 | $24.7M | $233K | 83.0% |
| T2 FINANCIAL LLC | 102 | $18.6M | $182K | 19.6% |
| Landmark Credit Union | 101 | $23.0M | $227K | 62.4% |
| Bank First, N.A. | 98 | $21.5M | $219K | 73.5% |
| BPL MORTGAGE TRUST, LLC | 98 | $12.0M | $123K | 50.0% |
| One Community Bank | 93 | $29.9M | $322K | 65.6% |
| Nations Lending Corporation | 91 | $15.5M | $171K | 71.4% |
| University of Wisconsin Credit Union | 90 | $22.9M | $254K | 72.2% |
| Royal Credit Union | 90 | $18.3M | $204K | 50.0% |
| Horicon Bank | 89 | $18.8M | $211K | 68.5% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 86 | $13.6M | $158K | 26.7% |
| Ixonia Bank | 82 | $24.3M | $297K | 65.9% |
| The Bank of New Glarus | 79 | $23.1M | $293K | 54.4% |
| WESTCONSIN Credit Union | 79 | $18.3M | $231K | 45.6% |
| GUILD MORTGAGE COMPANY | 77 | $14.2M | $184K | 63.6% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved November 11, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 462 reporting lenders with every underlying figure. Researching the market rather than financing a property? The Wisconsin lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's 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.
DSCR loans by county in Wisconsin
Each county page compares the county's 2025 HMDA investor-lending figures with Wisconsin's and names its most active lenders. Counties are listed by investor loan count.
17 Wisconsin counties have their own page so far.
- Milwaukee County2,253 loans
- Dane County637 loans
- Brown County384 loans
- Racine County375 loans
- Waukesha County287 loans
- Outagamie County282 loans
- La Crosse County250 loans
- Rock County250 loans
- Winnebago County249 loans
- Kenosha County242 loans
- Sheboygan County200 loans
- Marathon County193 loans
- Manitowoc County186 loans
- Eau Claire County172 loans
- Walworth County157 loans
- Fond du Lac County121 loans
- Washington County118 loans
- St. Croix County (fewer than 100 investor loans in 2025)99 loans
- Dodge County (fewer than 100 investor loans in 2025)97 loans
- Douglas County (fewer than 100 investor loans in 2025)94 loans
- Jefferson County (fewer than 100 investor loans in 2025)92 loans
- Door County (fewer than 100 investor loans in 2025)83 loans
- Wood County (fewer than 100 investor loans in 2025)81 loans
- Chippewa County (fewer than 100 investor loans in 2025)78 loans
- Ozaukee County (fewer than 100 investor loans in 2025)77 loans
- Monroe County (fewer than 100 investor loans in 2025)74 loans
- Grant County (fewer than 100 investor loans in 2025)72 loans
- Columbia County (fewer than 100 investor loans in 2025)67 loans
- Oneida County (fewer than 100 investor loans in 2025)67 loans
- Sauk County (fewer than 100 investor loans in 2025)65 loans
- Oconto County (fewer than 100 investor loans in 2025)58 loans
- Marinette County (fewer than 100 investor loans in 2025)57 loans
- Dunn County (fewer than 100 investor loans in 2025)54 loans
- Pierce County (fewer than 100 investor loans in 2025)53 loans
- Adams County (fewer than 100 investor loans in 2025)50 loans
- Clark County (fewer than 100 investor loans in 2025)49 loans
- Vilas County (fewer than 100 investor loans in 2025)49 loans
- Shawano County (fewer than 100 investor loans in 2025)48 loans
- Barron County (fewer than 100 investor loans in 2025)46 loans
- Polk County (fewer than 100 investor loans in 2025)45 loans
- Portage County (fewer than 100 investor loans in 2025)45 loans
- Waupaca County (fewer than 100 investor loans in 2025)45 loans
- Green County (fewer than 100 investor loans in 2025)44 loans
- Calumet County (fewer than 100 investor loans in 2025)42 loans
- Lincoln County (fewer than 100 investor loans in 2025)38 loans
- Vernon County (fewer than 100 investor loans in 2025)38 loans
- Langlade County (fewer than 100 investor loans in 2025)37 loans
- Sawyer County (fewer than 100 investor loans in 2025)37 loans
- Ashland County (fewer than 100 investor loans in 2025)36 loans
- Jackson County (fewer than 100 investor loans in 2025)33 loans
- Green Lake County (fewer than 100 investor loans in 2025)32 loans
- Trempealeau County (fewer than 100 investor loans in 2025)32 loans
- Crawford County (fewer than 100 investor loans in 2025)31 loans
- Waushara County (fewer than 100 investor loans in 2025)31 loans
- Juneau County (fewer than 100 investor loans in 2025)29 loans
- Burnett County (fewer than 100 investor loans in 2025)27 loans
- Bayfield County (fewer than 100 investor loans in 2025)25 loans
- Washburn County (fewer than 100 investor loans in 2025)24 loans
- Taylor County (fewer than 100 investor loans in 2025)21 loans
- Kewaunee County (fewer than 100 investor loans in 2025)19 loans
- Marquette County (fewer than 100 investor loans in 2025)19 loans
- Rusk County (fewer than 100 investor loans in 2025)19 loans
- Lafayette County (fewer than 100 investor loans in 2025)18 loans
- Richland County (fewer than 100 investor loans in 2025)17 loans
- Iowa County (fewer than 100 investor loans in 2025)13 loans
- Buffalo County (fewer than 100 investor loans in 2025)12 loans
- Price County (fewer than 100 investor loans in 2025)12 loans
- Forest County (fewer than 100 investor loans in 2025)11 loans
- Iron County (fewer than 100 investor loans in 2025)9 loans
- Pepin County (fewer than 100 investor loans in 2025)6 loans
- Florence County (fewer than 100 investor loans in 2025)4 loans
- Menominee County (fewer than 100 investor loans in 2025)3 loans
Run the coverage test on your Wisconsin deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Wisconsin 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 — Wisconsin's at-a-glance figures, its rank among the 50 states and DC, its observations and the Quick Read's 462 lenders and 8,874 loans: 2025 HMDA loan-level data.
- Wisconsin investor-lender dataset (CSV) — Every Wisconsin lender behind the table above, with volume, average loan and purchase share for each.
- Wisconsin investor lending data, Dominick Prevete — The Wisconsin table on its own, with the state's concentration figures and the method behind them.
- 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.