DSCR Loans in Calhoun County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 56 lenders made 150 investment-property loans in Calhoun County, 1.5% of Alabama's total. Dominick Prevete arranges DSCR loans across Calhoun County, Alabama, 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 $210,000.
Calhoun County investor market at a glance
| Statistic | Calhoun County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 150 | 10,035 | 16th of 23 |
| Reporting lenders | 56 | 495 | 11th of 23 |
| Loan volume | $17.3M | $1.98B | 23rd of 23 |
| Average loan | $116K | $197K | 23rd of 23 |
| Median loan | $105K | $145K | 21st of 23 |
| Purchases | 56.7% | 57.9% | 15th of 23 |
| Cash-out refinances | 12.0% | 16.1% | 12th of 23 |
| 2–4 unit properties | 12.7% | 8.1% | 5th of 23 |
| Top five lenders' share | 44.0% | 18.5% | 12th of 23 |
| Reported business-purpose | 44.0% | 68.3% | 21st of 23 |
Calhoun County: closed-end loans on 1–4 unit investment properties. Calhoun County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Calhoun County's investor loans.
What stands out in Calhoun County
The average investor loan in Calhoun County was $116K, the lowest average of Alabama's 23 counties with published data (statewide: $197K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
44.0% of Calhoun County's investor loans were reported as business-purpose, the 3rd-lowest share of Alabama's 23 counties with published data (statewide: 68.3%).
Fewer investor loans here were reported as business-purpose than in most of Alabama. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
12.7% of Calhoun County's investor loans financed a 2–4 unit property, the 5th-highest share of Alabama's 23 counties with published data (statewide: 8.1%).
2–4 unit properties are a larger share here than in most of Alabama. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
Does a DSCR loan pencil in Calhoun County?
At HUD's fair market rent of $1,337 for a 3-bedroom in Calhoun County, Alabama, a rental covers its full DSCR payment up to a purchase price of about $210,000, with 20% down at the 7.25% starting rate (November 2026). Calhoun County's median home value is $156,600; at that price the payment is $974 a month, so the property would need $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) | $1,010 / $1,337 / $1,341 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $156,600 |
| Median property taxes and effective rate | $653 (0.42% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $974 |
| Rent needed to cover that payment | $975 |
| Coverage of a 3-bedroom at fair market rent | 1.37 |
| Highest price a 3-bedroom at fair market rent covers | about $210,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $320,000 |
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 Calhoun County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Calhoun County?
The most active investment-property lenders in Calhoun County in 2025 HMDA data were Metro Bank; Farmers and Merchants Bank; and Investar Bank, National Association, out of 56 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 Calhoun County, and matches each file to the one most likely to fund it.
Calhoun County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 150 loans and $17.3M from 56 lenders. Metro Bank led Calhoun County with 22 loans, 14.7% of the county's total, and the average Calhoun County loan of $116K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Metro Bank | 22 | $2.4M | $110K | 59.1% |
| Farmers and Merchants Bank | 15 | $2.4M | $160K | 53.3% |
| Investar Bank, National Association | 11 | $0.6M | $53K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 9 | $1.0M | $111K | 22.2% |
| NobleBank & Trust | 9 | $0.8M | $91K | 77.8% |
| First Bank of Alabama | 8 | $0.8M | $101K | 87.5% |
| Emblem Credit Union | 6 | $1.5M | $248K | 66.7% |
| Rocket Mortgage, LLC | 5 | $0.7M | $141K | 0.0% |
| 21st Mortgage Corporation | 4 | $0.2M | $40K | 100.0% |
| Peoples Independent Bank | 3 | $0.4M | $148K | 100.0% |
| DOMINION FINANCIAL SERVICES, LLC | 3 | $0.4M | $142K | 66.7% |
| FIRST CAHAWBA BANK | 3 | $0.3M | $102K | 66.7% |
| Kiavi Funding, Inc. | 2 | $0.4M | $185K | 100.0% |
| Hometown Equity Mortgage, LLC | 2 | $0.2M | $115K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 2 | $0.2M | $110K | 100.0% |
| Liberty Bank | 2 | $0.2M | $110K | 100.0% |
| Citizens Bank & Trust | 2 | $0.2M | $105K | 50.0% |
| Fairway Independent Mortgage Corporation | 2 | $0.2M | $100K | 100.0% |
| FirstBank | 2 | $0.2M | $90K | 0.0% |
| Ameris Bank | 2 | $0.2M | $80K | 100.0% |
| FIRST COMMUNITY MORTGAGE, INC. | 1 | $0.3M | $295K | 100.0% |
| JET DIRECT FUNDING CORP | 1 | $0.3M | $295K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 1 | $0.2M | $225K | 100.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 1 | $0.2M | $195K | 0.0% |
| VISTA POINT MORTGAGE, LLC | 1 | $0.2M | $165K | 100.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Calhoun County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Calhoun County CSV, all 25 lenders
What Calhoun County's table can't show you: fit. Short-term financing is exempt from HMDA, so Calhoun County's fix-and-flip and bridge lenders barely appear among its 56 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 Calhoun County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Calhoun County, Alabama 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 — Calhoun County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 56 lenders and 150 loans: 2025 HMDA loan-level data rolled up to Calhoun County.
- Calhoun County investor-lender dataset (CSV) — All 25 lenders in the Calhoun County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Calhoun 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 Anniston-Oxford, AL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Calhoun 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.