DSCR Loans in Cullman County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 54 lenders made 199 investment-property loans in Cullman County, 2.0% of Alabama's total. Dominick Prevete arranges DSCR loans across Cullman 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 $220,000.
Cullman County investor market at a glance
| Statistic | Cullman County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 199 | 10,035 | 14th of 23 |
| Reporting lenders | 54 | 495 | 13th of 23 |
| Loan volume | $47.0M | $1.98B | 10th of 23 |
| Average loan | $236K | $197K | 4th of 23 |
| Median loan | $145K | $145K | 9th of 23 |
| Purchases | 59.8% | 57.9% | 12th of 23 |
| Cash-out refinances | 5.5% | 16.1% | 21st of 23 |
| 2–4 unit properties | 13.1% | 8.1% | 4th of 23 |
| Top five lenders' share | 55.3% | 18.5% | 5th of 23 |
| Reported business-purpose | 38.2% | 68.3% | 23rd of 23 |
Cullman County: closed-end loans on 1–4 unit investment properties. Cullman County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Cullman County's investor loans.
What stands out in Cullman County
38.2% of Cullman County's investor loans were reported as business-purpose, the 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.
5.5% of Cullman County's investor loans were cash-out refinances, the 2nd-lowest share of Alabama's 23 counties with published data (statewide: 16.1%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
13.1% of Cullman County's investor loans financed a 2–4 unit property, the 4th-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 Cullman County?
At HUD's fair market rent of $1,356 for a 3-bedroom in Cullman County, Alabama, 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). Cullman County's median home value is $199,100; at that price the payment is $1,213 a month, so the property would need $1,225 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) | $1,034 / $1,356 / $1,581 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $199,100 |
| Median property taxes and effective rate | $516 (0.26% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,213 |
| Rent needed to cover that payment | $1,225 |
| Coverage of a 3-bedroom at fair market rent | 1.12 |
| Highest price a 3-bedroom at fair market rent covers | about $220,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $335,000 |
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 Cullman County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Cullman County?
The most active investment-property lenders in Cullman County in 2025 HMDA data were Traditions Bank, Premier Bank of the South and Citizens Bank & Trust, out of 54 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 Cullman County, and matches each file to the one most likely to fund it.
Cullman County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 199 loans and $47.0M from 54 lenders. Traditions Bank led Cullman County with 46 loans, 23.1% of the county's total, and the average Cullman County loan of $236K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Traditions Bank | 46 | $7.1M | $154K | 60.9% |
| Premier Bank of the South | 31 | $3.7M | $118K | 38.7% |
| Citizens Bank & Trust | 13 | $1.7M | $133K | 53.8% |
| Kiavi Funding, Inc. | 10 | $1.2M | $124K | 100.0% |
| EvaBank | 10 | $0.7M | $73K | 50.0% |
| First National Bank of Pulaski | 6 | $5.0M | $835K | 50.0% |
| Peoples Bank of Alabama | 6 | $0.6M | $92K | 33.3% |
| HOMEXPRESS MORTGAGE CORP. | 5 | $0.8M | $151K | 40.0% |
| CV3 FINANCIAL SERVICES, LLC | 4 | $2.8M | $710K | 75.0% |
| Rocket Mortgage, LLC | 4 | $0.7M | $170K | 0.0% |
| SmartBank | 4 | $0.5M | $128K | 100.0% |
| Emporium TPO LLC | 3 | $0.7M | $225K | 100.0% |
| NFM, INC. | 3 | $0.6M | $202K | 100.0% |
| SouthPoint Bank | 3 | $0.5M | $172K | 33.3% |
| Fairway Independent Mortgage Corporation | 3 | $0.5M | $168K | 66.7% |
| THE LOAN STORE, INC. | 3 | $0.5M | $158K | 66.7% |
| Community Bank of Mississippi | 2 | $3.2M | $1585K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $0.4M | $220K | 50.0% |
| NEWREZ LLC | 2 | $0.4M | $190K | 50.0% |
| ALABAMA ONE | 2 | $0.3M | $175K | 50.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.3M | $160K | 50.0% |
| FAMILY SAVINGS CREDIT UNION | 2 | $0.3M | $150K | 50.0% |
| GENWAY HOME MORTGAGE, INC. | 2 | $0.2M | $100K | 100.0% |
| ECLIPSE BANK, INC. | 1 | $1.8M | $1845K | 100.0% |
| Renasant Bank | 1 | $1.4M | $1445K | 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 Cullman County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Cullman County CSV, all 25 lenders
What Cullman County's table can't show you: fit. Short-term financing is exempt from HMDA, so Cullman County's fix-and-flip and bridge lenders barely appear among its 54 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 Cullman County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Cullman 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 — Cullman County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 54 lenders and 199 loans: 2025 HMDA loan-level data rolled up to Cullman County.
- Cullman County investor-lender dataset (CSV) — All 25 lenders in the Cullman County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Cullman 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 Cullman County, AL.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Cullman 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.