DSCR Loans in Floyd County, Indiana
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 55 lenders made 151 investment-property loans in Floyd County, 1.4% of Indiana's total. Dominick Prevete arranges DSCR loans across Floyd County, Indiana, 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 $250,000.
Floyd County investor market at a glance
| Statistic | Floyd County | Indiana | County rank |
|---|---|---|---|
| Investor loans | 151 | 10,971 | 19th of 21 |
| Reporting lenders | 55 | 497 | 19th of 21 |
| Loan volume | $25.6M | $2.81B | 19th of 21 |
| Average loan | $169K | $256K | 14th of 21 |
| Median loan | $165K | $145K | 8th of 21 |
| Purchases | 43.7% | 56.9% | 20th of 21 |
| Cash-out refinances | 13.2% | 19.4% | 14th of 21 |
| 2–4 unit properties | 12.6% | 16.6% | 13th of 21 |
| Top five lenders' share | 41.1% | 20.0% | 6th of 21 |
| Reported business-purpose | 74.2% | 71.5% | 9th of 21 |
Floyd County: closed-end loans on 1–4 unit investment properties. Floyd County's rank is highest first, among Indiana's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Floyd County's investor loans.
What stands out in Floyd County
43.7% of Floyd County's investor loans were purchases, the 2nd-lowest share of Indiana's 21 counties with published data (statewide: 56.9%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
Floyd County's 151 investor loans ranked 19th of Indiana's 21 counties with published data.
Does a DSCR loan pencil in Floyd County?
At HUD's fair market rent of $1,629 for a 3-bedroom in Floyd County, Indiana, a rental covers its full DSCR payment up to a purchase price of about $250,000, with 20% down at the 7.25% starting rate (November 2026). Floyd County's median home value is $251,000; at that price the payment is $1,619 a month, so the property would need $1,625 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) | $1,276 / $1,629 / $1,874 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $251,000 |
| Median property taxes and effective rate | $1,736 (0.69% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,619 |
| Rent needed to cover that payment | $1,625 |
| Coverage of a 3-bedroom at fair market rent | 1.01 |
| Highest price a 3-bedroom at fair market rent covers | about $250,000 |
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 Floyd County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Floyd County?
The most active investment-property lenders in Floyd County in 2025 HMDA data were MM LENDING, LLC; Northpointe Bank; and Meade County Bank, out of 55 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 Floyd County, and matches each file to the one most likely to fund it.
Floyd County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 151 loans and $25.6M from 55 lenders. MM LENDING, LLC led Floyd County with 29 loans, 19.2% of the county's total, and the average Floyd County loan of $169K compares with $256K across Indiana.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| MM LENDING, LLC | 29 | $4.8M | $167K | 0.0% |
| Northpointe Bank | 11 | $1.8M | $165K | 9.1% |
| Meade County Bank | 8 | $1.3M | $164K | 75.0% |
| Kiavi Funding, Inc. | 7 | $1.4M | $205K | 85.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 7 | $0.8M | $119K | 85.7% |
| THE LOAN STORE, INC. | 6 | $0.9M | $153K | 16.7% |
| BPL MORTGAGE TRUST, LLC | 5 | $0.7M | $141K | 0.0% |
| The New Washington State Bank | 4 | $0.9M | $215K | 50.0% |
| DOMINION FINANCIAL SERVICES, LLC | 4 | $0.8M | $188K | 25.0% |
| First Harrison Bank | 4 | $0.7M | $168K | 25.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 3 | $0.9M | $295K | 100.0% |
| Stock Yards Bank & Trust Company | 3 | $0.7M | $222K | 100.0% |
| NEWREZ LLC | 3 | $0.5M | $182K | 66.7% |
| River City Bank, Inc. | 3 | $0.3M | $102K | 33.3% |
| PLAZA HOME MORTGAGE, INC. | 2 | $0.5M | $240K | 50.0% |
| INSPIRE HOME LOANS INC. | 2 | $0.4M | $185K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $0.3M | $175K | 100.0% |
| German American Bank | 2 | $0.3M | $160K | 100.0% |
| Rocket Mortgage, LLC | 2 | $0.3M | $160K | 50.0% |
| Centra Credit Union | 2 | $0.3M | $155K | 50.0% |
| First Savings Bank | 2 | $0.3M | $155K | 100.0% |
| Liberty | 2 | $0.3M | $130K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 2 | $0.3M | $130K | 0.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.3M | $130K | 50.0% |
| COMMONWEALTH | 2 | $0.2M | $120K | 0.0% |
387 Indiana loans (3.5%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Floyd County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Floyd County CSV, all 25 lenders
What Floyd County's table can't show you: fit. Short-term financing is exempt from HMDA, so Floyd County's fix-and-flip and bridge lenders barely appear among its 55 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 Floyd County, Indiana deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Floyd County, Indiana 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 — Floyd County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 55 lenders and 151 loans: 2025 HMDA loan-level data rolled up to Floyd County.
- Floyd County investor-lender dataset (CSV) — All 25 lenders in the Floyd County, Indiana table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Floyd 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 Louisville, KY-IN HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Floyd 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.