DSCR Loans in Bay County, Florida
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 199 lenders made 809 investment-property loans in Bay County, 1.6% of Florida's total. Dominick Prevete arranges DSCR loans across Bay County, Florida, 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 $330,000.
Bay County investor market at a glance
| Statistic | Bay County | Florida | County rank |
|---|---|---|---|
| Investor loans | 809 | 49,114 | 20th of 39 |
| Reporting lenders | 199 | 1,090 | 16th of 39 |
| Loan volume | $288.2M | $18.15B | 17th of 39 |
| Average loan | $356K | $370K | 14th of 39 |
| Median loan | $265K | $265K | 16th of 39 |
| Purchases | 72.6% | 64.1% | 7th of 39 |
| Cash-out refinances | 10.0% | 20.8% | 38th of 39 |
| 2–4 unit properties | 6.3% | 7.8% | 23rd of 39 |
| Top five lenders' share | 24.6% | 23.8% | 32nd of 39 |
| Reported business-purpose | 72.4% | 79.8% | 30th of 39 |
Bay County: closed-end loans on 1–4 unit investment properties. Bay County's rank is highest first, among Florida's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Bay County's investor loans.
What stands out in Bay County
10.0% of Bay County's investor loans were cash-out refinances, the 2nd-lowest share of Florida's 39 counties with published data (statewide: 20.8%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
72.6% of Bay County's investor loans were purchases, the 7th-highest share of Florida's 39 counties with published data (statewide: 64.1%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
The five most active lenders wrote 24.6% of Bay County's investor loans, the 8th-lowest share of Florida's 39 counties with published data (statewide: 23.8%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Bay County?
At HUD's fair market rent of $2,101 for a 3-bedroom in Bay County, Florida, a rental covers its full DSCR payment up to a purchase price of about $330,000, with 20% down at the 7.25% starting rate (November 2026). Bay County's median home value is $310,500; at that price the payment is $1,974 a month, so the property would need $1,975 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) | $1,651 / $2,101 / $2,567 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $310,500 |
| Median property taxes and effective rate | $1,807 (0.58% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,974 |
| Rent needed to cover that payment | $1,975 |
| Coverage of a 3-bedroom at fair market rent | 1.06 |
| Highest price a 3-bedroom at fair market rent covers | about $330,000 |
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 Bay County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Bay County?
The most active investment-property lenders in Bay County in 2025 HMDA data were LENDSURE MORTGAGE CORP.; CROSSCOUNTRY MORTGAGE, INC.; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 199 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 Bay County, and matches each file to the one most likely to fund it.
Bay County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 809 loans and $288.2M from 199 lenders. LENDSURE MORTGAGE CORP. led Bay County with 67 loans, 8.3% of the county's total, and the average Bay County loan of $356K compares with $370K across Florida.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENDSURE MORTGAGE CORP. | 67 | $18.0M | $269K | 94.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 48 | $14.7M | $306K | 95.8% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 32 | $8.6M | $268K | 56.2% |
| Rocket Mortgage, LLC | 27 | $6.7M | $248K | 51.9% |
| NEWREZ LLC | 25 | $8.5M | $338K | 100.0% |
| Northpointe Bank | 25 | $8.2M | $330K | 88.0% |
| Kiavi Funding, Inc. | 21 | $4.0M | $192K | 71.4% |
| Innovations Financial Credit Union | 19 | $18.6M | $977K | 31.6% |
| Community Bank of Mississippi | 15 | $5.0M | $333K | 53.3% |
| THE LOAN STORE, INC. | 14 | $5.5M | $394K | 78.6% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 14 | $3.8M | $268K | 78.6% |
| AMERICAN HERITAGE LENDING, LLC | 14 | $3.1M | $220K | 78.6% |
| CHAMPIONS FUNDING, LLC | 12 | $6.3M | $523K | 41.7% |
| PeoplesSouth Bank | 12 | $4.8M | $400K | 50.0% |
| A&D Mortgage LLC | 12 | $3.0M | $248K | 91.7% |
| Trustmark National Bank | 11 | $2.2M | $203K | 81.8% |
| Citadel Servicing Corporation | 10 | $5.4M | $544K | 60.0% |
| DEEPHAVEN MORTGAGE LLC | 9 | $3.8M | $427K | 22.2% |
| OCMBC, INC. | 9 | $2.5M | $278K | 66.7% |
| FIRST COLONY MORTGAGE CORPORATION | 9 | $2.3M | $253K | 88.9% |
| HOMEXPRESS MORTGAGE CORP. | 8 | $4.9M | $611K | 75.0% |
| Hometown Equity Mortgage, LLC | 8 | $4.6M | $575K | 50.0% |
| DHI MORTGAGE COMPANY, LTD. | 8 | $1.8M | $223K | 100.0% |
| GUARANTEED RATE AFFINITY, LLC | 7 | $3.1M | $445K | 71.4% |
| KIND LENDING, LLC | 7 | $2.3M | $329K | 57.1% |
1,098 Florida loans (2.2%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Bay County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Bay County CSV, all 25 lenders
What Bay County's table can't show you: fit. Short-term financing is exempt from HMDA, so Bay County's fix-and-flip and bridge lenders barely appear among its 199 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 several 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 Bay County, Florida deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Bay County, Florida 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 — Bay County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 199 lenders and 809 loans: 2025 HMDA loan-level data rolled up to Bay County.
- Bay County investor-lender dataset (CSV) — All 25 lenders in the Bay County, Florida table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Bay 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 Panama City, FL HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Bay 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.