DSCR Loans in DeSoto County, Mississippi
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, 82 lenders made 379 investment-property loans in DeSoto County, 6.5% of Mississippi's total. Dominick Prevete arranges DSCR loans across DeSoto County, Mississippi, 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 $265,000.
DeSoto County investor market at a glance
| Statistic | DeSoto County | Mississippi | County rank |
|---|---|---|---|
| Investor loans | 379 | 5,868 | 3rd of 12 |
| Reporting lenders | 82 | 295 | 4th of 12 |
| Loan volume | $75.6M | $863.0M | 3rd of 12 |
| Average loan | $199K | $147K | 4th of 12 |
| Median loan | $175K | $115K | 3rd of 12 |
| Purchases | 64.1% | 50.1% | 2nd of 12 |
| Cash-out refinances | 8.7% | 7.9% | 5th of 12 |
| 2–4 unit properties | 8.2% | 13.0% | 9th of 12 |
| Top five lenders' share | 36.7% | 34.2% | 11th of 12 |
| Reported business-purpose | 74.4% | 72.3% | 8th of 12 |
DeSoto County: closed-end loans on 1–4 unit investment properties. DeSoto County's rank is highest first, among Mississippi's counties with at least 100 investor loans and 25 reporting lenders. Shares are of DeSoto County's investor loans.
What stands out in DeSoto County
64.1% of DeSoto County's investor loans were purchases, the 2nd-highest share of Mississippi's 12 counties with published data (statewide: 50.1%).
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.
The five most active lenders wrote 36.7% of DeSoto County's investor loans, the 2nd-lowest share of Mississippi's 12 counties with published data (statewide: 34.2%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
The median investor loan in DeSoto County was $175K, the 3rd-highest median of Mississippi's 12 counties with published data (statewide: $115K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in DeSoto County?
At HUD's fair market rent of $1,717 for a 3-bedroom in DeSoto County, Mississippi, a rental covers its full DSCR payment up to a purchase price of about $265,000, with 20% down at the 7.25% starting rate (November 2026). DeSoto County's median home value is $269,600; at that price the payment is $1,718 a month, so the property would need $1,725 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) | $1,301 / $1,717 / $1,981 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $269,600 |
| Median property taxes and effective rate | $1,613 (0.60% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,718 |
| Rent needed to cover that payment | $1,725 |
| Coverage of a 3-bedroom at fair market rent | 0.99 |
| Highest price a 3-bedroom at fair market rent covers | about $265,000 |
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 DeSoto County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in DeSoto County?
The most active investment-property lenders in DeSoto County in 2025 HMDA data were First Security Bank, Batesville, Mississippi; Community Bank of Mississippi; and BankPlus, out of 82 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.
DeSoto County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 379 loans and $75.6M from 82 lenders. First Security Bank, Batesville, Mississippi led DeSoto County with 31 loans, 8.2% of the county's total, and the average DeSoto County loan of $199K compares with $147K across Mississippi.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| First Security Bank, Batesville, Mississippi | 31 | $7.4M | $240K | 71.0% |
| Community Bank of Mississippi | 31 | $7.0M | $224K | 58.1% |
| BankPlus | 30 | $5.8M | $193K | 60.0% |
| Guaranty Bank and Trust Company | 24 | $5.7M | $236K | 70.8% |
| BankFirst Financial Services | 23 | $3.1M | $133K | 65.2% |
| Renasant Bank | 13 | $2.0M | $154K | 23.1% |
| Southern Bancorp Bank | 10 | $2.1M | $213K | 100.0% |
| Cadence Bank | 9 | $2.9M | $319K | 88.9% |
| Commerce Home Mortgage, Inc. | 9 | $2.4M | $263K | 77.8% |
| First Commercial Bank | 9 | $2.1M | $232K | 55.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 9 | $1.5M | $172K | 100.0% |
| Loan Funder LLC | 8 | $1.6M | $194K | 87.5% |
| FIRST COLONY MORTGAGE CORPORATION | 7 | $1.3M | $191K | 100.0% |
| Planters Bank & Trust Company | 7 | $1.1M | $158K | 85.7% |
| Bank of Holly Springs | 7 | $1.0M | $146K | 71.4% |
| THE LOAN STORE, INC. | 5 | $1.1M | $215K | 60.0% |
| LIMA ONE CAPITAL, LLC | 5 | $0.9M | $181K | 20.0% |
| AMERITRUST MORTGAGE CORPORATION | 5 | $0.9M | $179K | 0.0% |
| Nations Lending Corporation | 5 | $0.9M | $171K | 60.0% |
| The Citizens National Bank of Meridian | 5 | $0.8M | $161K | 60.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 5 | $0.7M | $149K | 0.0% |
| LENDINGONE, LLC | 5 | $0.7M | $141K | 20.0% |
| Rocket Mortgage, LLC | 5 | $0.7M | $139K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 4 | $1.0M | $255K | 50.0% |
| Eagle Bank and Trust Company | 4 | $0.8M | $200K | 75.0% |
67 Mississippi loans (1.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for DeSoto County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · DeSoto County CSV, all 25 lenders
What DeSoto County's table can't show you: fit. Short-term financing is exempt from HMDA, so DeSoto County's fix-and-flip and bridge lenders barely appear among its 82 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 →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 DeSoto County, Mississippi deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a DeSoto County, Mississippi 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 — DeSoto County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 82 lenders and 379 loans: 2025 HMDA loan-level data rolled up to DeSoto County.
- DeSoto County investor-lender dataset (CSV) — All 25 lenders in the DeSoto County, Mississippi table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — DeSoto 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 Memphis, TN-MS-AR HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — DeSoto 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.