DSCR Loans in Colbert County, Alabama
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 132 investment-property loans in Colbert County, 1.3% of Alabama's total. Dominick Prevete arranges DSCR loans across Colbert 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 $215,000.
Colbert County investor market at a glance
| Statistic | Colbert County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 132 | 10,035 | 19th of 23 |
| Reporting lenders | 32 | 495 | 22nd of 23 |
| Loan volume | $20.4M | $1.98B | 21st of 23 |
| Average loan | $155K | $197K | 18th of 23 |
| Median loan | $105K | $145K | 21st of 23 |
| Purchases | 47.7% | 57.9% | 19th of 23 |
| Cash-out refinances | 9.1% | 16.1% | 14th of 23 |
| 2–4 unit properties | 12.1% | 8.1% | 7th of 23 |
| Top five lenders' share | 66.7% | 18.5% | 4th of 23 |
| Reported business-purpose | 56.1% | 68.3% | 17th of 23 |
Colbert County: closed-end loans on 1–4 unit investment properties. Colbert County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Colbert County's investor loans.
What stands out in Colbert County
The median investor loan in Colbert County was $105K, the lowest median of Alabama's 23 counties with published data (statewide: $145K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
The five most active lenders wrote 66.7% of Colbert County's investor loans, the 4th-highest share of Alabama's 23 counties with published data (statewide: 18.5%).
Five lenders write 66.7% of the loans here, so comparing written term sheets matters more.
47.7% of Colbert County's investor loans were purchases, the 5th-lowest share of Alabama's 23 counties with published data (statewide: 57.9%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Colbert County?
At HUD's fair market rent of $1,348 for a 3-bedroom in Colbert County, Alabama, 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). Colbert County's median home value is $171,000; at that price the payment is $1,061 a month, so the property would need $1,075 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) | $1,085 / $1,348 / $1,426 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $171,000 |
| Median property taxes and effective rate | $678 (0.40% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,061 |
| Rent needed to cover that payment | $1,075 |
| Coverage of a 3-bedroom at fair market rent | 1.27 |
| 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 $345,000 |
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 Colbert County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Colbert County?
The most active investment-property lenders in Colbert County in 2025 HMDA data were Bank Independent, First Metro Bank and PeoplesTrust 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 Colbert County, and matches each file to the one most likely to fund it.
Colbert County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 132 loans and $20.4M from 32 lenders. Bank Independent led Colbert County with 41 loans, 31.1% of the county's total, and the average Colbert County loan of $155K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Bank Independent | 41 | $4.0M | $97K | 39.0% |
| First Metro Bank | 22 | $4.6M | $210K | 63.6% |
| PeoplesTrust Bank | 10 | $1.0M | $98K | 30.0% |
| ALABAMA CENTRAL | 8 | $0.7M | $89K | 12.5% |
| First Southern Bank | 7 | $1.6M | $222K | 0.0% |
| CB&S Bank, Inc. | 6 | $0.7M | $118K | 66.7% |
| Renasant Bank | 4 | $1.2M | $303K | 100.0% |
| FirstBank | 4 | $0.7M | $170K | 75.0% |
| ServisFirst Bank | 2 | $1.2M | $605K | 0.0% |
| GUARANTEED RATE, INC. | 2 | $0.3M | $160K | 50.0% |
| Listerhill Credit Union | 2 | $0.2M | $120K | 100.0% |
| Rocket Mortgage, LLC | 2 | $0.2M | $120K | 50.0% |
| Loan Funder LLC | 2 | $0.2M | $90K | 50.0% |
| GENWAY HOME MORTGAGE, INC. | 2 | $0.1M | $70K | 100.0% |
| Quontic Bank | 1 | $1.2M | $1205K | 100.0% |
| American Community Bank & Trust | 1 | $0.3M | $275K | 100.0% |
| MOVEMENT MORTGAGE, LLC | 1 | $0.2M | $215K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 1 | $0.2M | $195K | 100.0% |
| Trustmark National Bank | 1 | $0.2M | $185K | 100.0% |
| ALABAMA CREDIT UNION | 1 | $0.2M | $185K | 0.0% |
| BANKSOUTH MORTGAGE COMPANY, LLC | 1 | $0.2M | $175K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 1 | $0.2M | $155K | 100.0% |
| Kiavi Funding, Inc. | 1 | $0.2M | $155K | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | 1 | $0.2M | $155K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 1 | $0.1M | $135K | 0.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Colbert County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Colbert County CSV, all 25 lenders
What Colbert County's table can't show you: fit. Short-term financing is exempt from HMDA, so Colbert 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 Colbert County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Colbert 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 — Colbert County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 32 lenders and 132 loans: 2025 HMDA loan-level data rolled up to Colbert County.
- Colbert County investor-lender dataset (CSV) — All 25 lenders in the Colbert County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Colbert 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 Florence-Muscle Shoals, AL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Colbert 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.