DSCR Loans in Cape Girardeau County, Missouri
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 32 lenders made 204 investment-property loans in Cape Girardeau County, 1.3% of Missouri's total. Dominick Prevete arranges DSCR loans across Cape Girardeau County, Missouri, 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 $215,000.
See which lenders are most active in Cape Girardeau County →
Cape Girardeau County investor market at a glance
| Statistic | Cape Girardeau County | Missouri | County rank |
|---|---|---|---|
| Investor loans | 204 | 15,393 | 13th of 22 |
| Reporting lenders | 32 | 534 | 21st of 22 |
| Loan volume | $36.2M | $2.82B | 16th of 22 |
| Average loan | $178K | $183K | 15th of 22 |
| Median loan | $125K | $145K | 17th of 22 |
| Purchases | 73.5% | 61.2% | 4th of 22 |
| Cash-out refinances | 2.9% | 12.1% | 21st of 22 |
| 2–4 unit properties | 29.9% | 19.1% | 5th of 22 |
| Top five lenders' share | 57.4% | 18.3% | 6th of 22 |
| Reported business-purpose | 48.5% | 63.6% | 19th of 22 |
Cape Girardeau County: closed-end loans on 1–4 unit investment properties. Cape Girardeau County's rank is highest first, among Missouri's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Cape Girardeau County's investor loans.
What stands out in Cape Girardeau County
2.9% of Cape Girardeau County's investor loans were cash-out refinances, the 2nd-lowest share of Missouri's 22 counties with published data (statewide: 12.1%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
The median investor loan in Cape Girardeau County was $125K, the 3rd-lowest median of Missouri's 22 counties with published data (statewide: $145K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
73.5% of Cape Girardeau County's investor loans were purchases, the 4th-highest share of Missouri's 22 counties with published data (statewide: 61.2%).
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.
Does a DSCR loan pencil in Cape Girardeau County?
At HUD's fair market rent of $1,401 for a 3-bedroom in Cape Girardeau County, Missouri, a rental covers its full DSCR payment up to a purchase price of about $215,000, with 20% down at the 7.25% starting rate (November 2026). Cape Girardeau County's median home value is $220,700; at that price the payment is $1,415 a month, so the property would need $1,425 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) | $1,012 / $1,401 / $1,692 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $220,700 |
| Median property taxes and effective rate | $1,421 (0.64% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,415 |
| Rent needed to cover that payment | $1,425 |
| Coverage of a 3-bedroom at fair market rent | 0.99 |
| Highest price a 3-bedroom at fair market rent covers | about $215,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $315,000 |
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 Cape Girardeau County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Cape Girardeau County?
The most active investment-property lenders in Cape Girardeau County in 2025 HMDA data were First State Community Bank, Southern Bank and Alliance Bank, out of 32 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 Cape Girardeau County, and matches each file to the one most likely to fund it.
Cape Girardeau County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 204 loans and $36.2M from 32 lenders. First State Community Bank led Cape Girardeau County with 31 loans, 15.2% of the county's total, and the average Cape Girardeau County loan of $178K compares with $183K across Missouri.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| First State Community Bank | 31 | $7.9M | $255K | 80.6% |
| Southern Bank | 23 | $4.4M | $190K | 82.6% |
| Alliance Bank | 22 | $2.4M | $107K | 68.2% |
| Wood & Huston Bank | 21 | $4.1M | $195K | 57.1% |
| First Midwest Bank of Dexter | 20 | $2.7M | $136K | 70.0% |
| MRV Banks | 18 | $4.0M | $225K | 77.8% |
| Montgomery Bank | 15 | $2.0M | $133K | 66.7% |
| The Bank of Missouri | 11 | $1.7M | $156K | 90.9% |
| First Missouri State Bank of Cape County | 6 | $1.6M | $263K | 100.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home Loans Corporation | 3 | $0.7M | $242K | 66.7% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $0.6M | $212K | 66.7% |
| Guaranty Bank | 3 | $0.4M | $132K | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | 3 | $0.3M | $115K | 100.0% |
| BPL MORTGAGE TRUST, LLC | 3 | $0.3M | $88K | 33.3% |
| Peoples Community Bank | 2 | $0.5M | $270K | 100.0% |
| Banterra Bank | 2 | $0.2M | $110K | 0.0% |
| Sterling Bank | 2 | $0.2M | $105K | 100.0% |
| FOCUS BANK | 2 | $0.2M | $95K | 100.0% |
| BLOOMSDALE BANK | 1 | $0.3M | $275K | 100.0% |
| COMMUNITY BANK OF MARSHALL | 1 | $0.2M | $235K | 100.0% |
| Commerce Bank | 1 | $0.2M | $205K | 0.0% |
| The First National Bank of Ava | 1 | $0.2M | $185K | 100.0% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 1 | $0.2M | $165K | 100.0% |
| Kiavi Funding, Inc. | 1 | $0.1M | $135K | 0.0% |
| UNION HOME MORTGAGE CORP. | 1 | $0.1M | $125K | 100.0% |
561 Missouri loans (3.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Cape Girardeau County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Cape Girardeau County CSV, all 25 lenders
What Cape Girardeau County's table can't show you: fit. Short-term financing is exempt from HMDA, so Cape Girardeau County's fix-and-flip and bridge lenders barely appear among its 32 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 Cape Girardeau County, Missouri deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Cape Girardeau County, Missouri 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 — Cape Girardeau County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 32 lenders and 204 loans: 2025 HMDA loan-level data rolled up to Cape Girardeau County.
- Cape Girardeau County investor-lender dataset (CSV) — All 25 lenders in the Cape Girardeau County, Missouri table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Cape Girardeau 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 Cape Girardeau, MO-IL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Cape Girardeau 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.