DSCR Loans in Craighead County, Arkansas
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)
In 2025 HMDA data, 57 lenders made 566 investment-property loans in Craighead County, 6.9% of Arkansas's total. Dominick Prevete arranges DSCR loans across Craighead County, Arkansas, 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 $220,000.
Craighead County investor market at a glance
| Statistic | Craighead County | Arkansas | County rank |
|---|---|---|---|
| Investor loans | 566 | 8,223 | 4th of 14 |
| Reporting lenders | 57 | 353 | 8th of 14 |
| Loan volume | $93.0M | $3.96B | 4th of 14 |
| Average loan | $164K | $481K | 7th of 14 |
| Median loan | $135K | $145K | 7th of 14 |
| Purchases | 70.8% | 67.4% | 4th of 14 |
| Cash-out refinances | 3.0% | 5.7% | 14th of 14 |
| 2–4 unit properties | 16.6% | 17.4% | 8th of 14 |
| Top five lenders' share | 44.0% | 22.2% | 8th of 14 |
| Reported business-purpose | 78.8% | 63.6% | 3rd of 14 |
Craighead County: closed-end loans on 1–4 unit investment properties. Craighead County's rank is highest first, among Arkansas's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Craighead County's investor loans.
What stands out in Craighead County
3.0% of Craighead County's investor loans were cash-out refinances, the lowest share of Arkansas's 14 counties with published data (statewide: 5.7%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
By share of investor loans reported as business-purpose, Craighead County ranks 3rd-highest of Arkansas's 14 counties with published data (statewide: 63.6%).
78.8% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
Does a DSCR loan pencil in Craighead County?
At HUD's fair market rent of $1,418 for a 3-bedroom in Craighead County, Arkansas, a rental covers its full DSCR payment up to a purchase price of about $220,000, with 20% down at the 7.25% starting rate (November 2026). Craighead County's median home value is $210,400; at that price the payment is $1,330 a month, so the property would need $1,350 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) | $1,079 / $1,418 / $1,424 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $210,400 |
| Median property taxes and effective rate | $1,125 (0.53% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,330 |
| Rent needed to cover that payment | $1,350 |
| Coverage of a 3-bedroom at fair market rent | 1.07 |
| Highest price a 3-bedroom at fair market rent covers | about $220,000 |
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 Craighead County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Craighead County?
The most active investment-property lenders in Craighead County in 2025 HMDA data were FIRST COLONY MORTGAGE CORPORATION, Simmons Bank and Bank OZK, out of 57 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 and matches each file to the one most likely to fund it.
Craighead County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 566 loans and $93.0M from 57 lenders. FIRST COLONY MORTGAGE CORPORATION led Craighead County with 56 loans, 9.9% of the county's total, and the average Craighead County loan of $164K compares with $481K across Arkansas.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| FIRST COLONY MORTGAGE CORPORATION | 56 | $8.2M | $146K | 98.2% |
| Simmons Bank | 51 | $6.9M | $135K | 68.6% |
| Bank OZK | 50 | $5.9M | $118K | 70.0% |
| Evolve Bank & Trust | 49 | $10.2M | $209K | 73.5% |
| Southern Bank | 43 | $7.2M | $167K | 79.1% |
| First National Bank | 36 | $6.5M | $180K | 75.0% |
| Arvest Bank | 32 | $4.3M | $134K | 65.6% |
| FNBC Bank | 30 | $4.2M | $140K | 50.0% |
| First Community Bank | 28 | $5.0M | $179K | 71.4% |
| FOCUS BANK | 22 | $5.3M | $243K | 54.5% |
| United Wholesale Mortgage | 20 | $2.7M | $137K | 75.0% |
| The Farmers & Merchants Bank | 15 | $2.2M | $144K | 53.3% |
| Cadence Bank | 13 | $1.9M | $143K | 53.8% |
| UNICO Bank | 13 | $1.7M | $134K | 76.9% |
| Signature Bank of Arkansas | 10 | $2.1M | $210K | 70.0% |
| Southern Bancorp Bank | 8 | $0.9M | $116K | 87.5% |
| First National Bank of Commerce | 7 | $5.1M | $735K | 28.6% |
| PEOPLES BANK | 7 | $0.9M | $122K | 14.3% |
| First Financial Bank | 6 | $0.9M | $145K | 83.3% |
| AMWEST FUNDING CORP. | 5 | $0.9M | $171K | 60.0% |
| First Security Bank | 5 | $0.5M | $93K | 100.0% |
| First Service Bank | 4 | $0.7M | $185K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 4 | $0.7M | $185K | 0.0% |
| Cross Bank | 4 | $0.6M | $155K | 75.0% |
| ENCORE BANK | 4 | $0.4M | $95K | 25.0% |
40 Arkansas loans (0.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Craighead County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Craighead County CSV, all 25 lenders
What Craighead County's table can't show you: fit. Short-term financing is exempt from HMDA, so Craighead County's fix-and-flip and bridge lenders barely appear among its 57 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 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.
Counties near Craighead County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Craighead County |
|---|---|---|---|
| Shelby County, TN | 2,599 | 209 | About 60 miles away |
| White County, AR | 174 | 37 | About 75 miles away |
| DeSoto County, MS | 379 | 82 | About 75 miles away |
| Gibson County, TN | 108 | 29 | About 95 miles away |
Run the coverage test on your Craighead County, Arkansas deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Craighead County, Arkansas 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 — Craighead County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 57 lenders and 566 loans: 2025 HMDA loan-level data rolled up to Craighead County.
- Craighead County investor-lender dataset (CSV) — All 25 lenders in the Craighead County, Arkansas table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Craighead 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 Jonesboro, AR HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Craighead 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.