DSCR Loans in Lamar County, Mississippi
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 28 lenders made 103 investment-property loans in Lamar County, 1.8% of Mississippi's total. Dominick Prevete arranges DSCR loans across Lamar 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 $260,000.
Lamar County investor market at a glance
| Statistic | Lamar County | Mississippi | County rank |
|---|---|---|---|
| Investor loans | 103 | 5,868 | 12th of 12 |
| Reporting lenders | 28 | 295 | 12th of 12 |
| Loan volume | $18.5M | $863.0M | 12th of 12 |
| Average loan | $179K | $147K | 6th of 12 |
| Median loan | $145K | $115K | 6th of 12 |
| Purchases | 50.5% | 50.1% | 7th of 12 |
| Cash-out refinances | 2.9% | 7.9% | 12th of 12 |
| 2–4 unit properties | 11.7% | 13.0% | 6th of 12 |
| Top five lenders' share | 49.5% | 34.2% | 6th of 12 |
| Reported business-purpose | 48.5% | 72.3% | 12th of 12 |
Lamar County: closed-end loans on 1–4 unit investment properties. Lamar County's rank is highest first, among Mississippi's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Lamar County's investor loans.
What stands out in Lamar County
48.5% of Lamar County's investor loans were reported as business-purpose, the lowest share of Mississippi's 12 counties with published data (statewide: 72.3%).
Fewer investor loans here were reported as business-purpose than in most of Mississippi. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
2.9% of Lamar County's investor loans were cash-out refinances, the lowest share of Mississippi's 12 counties with published data (statewide: 7.9%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Lamar County?
At HUD's fair market rent of $1,676 for a 3-bedroom in Lamar County, Mississippi, a rental covers its full DSCR payment up to a purchase price of about $260,000, with 20% down at the 7.25% starting rate (November 2026). Lamar County's median home value is $224,700; at that price the payment is $1,443 a month, so the property would need $1,450 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) | $1,316 / $1,676 / $1,730 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $224,700 |
| Median property taxes and effective rate | $1,479 (0.66% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,443 |
| Rent needed to cover that payment | $1,450 |
| Coverage of a 3-bedroom at fair market rent | 1.16 |
| Highest price a 3-bedroom at fair market rent covers | about $260,000 |
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 Lamar County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Lamar County?
The most active investment-property lenders in Lamar County in 2025 HMDA data were Citizens Bank, Community Bank of Mississippi and Renasant Bank, out of 28 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.
Lamar County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 103 loans and $18.5M from 28 lenders. Citizens Bank led Lamar County with 20 loans, 19.4% of the county's total, and the average Lamar County loan of $179K compares with $147K across Mississippi.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Citizens Bank | 20 | $2.7M | $134K | 30.0% |
| Community Bank of Mississippi | 14 | $2.2M | $156K | 57.1% |
| Renasant Bank | 6 | $0.9M | $150K | 33.3% |
| First Southern Bank | 6 | $0.7M | $120K | 33.3% |
| PriorityOne Bank | 5 | $1.4M | $287K | 60.0% |
| First Bank | 5 | $1.1M | $225K | 80.0% |
| BankFirst Financial Services | 5 | $1.0M | $203K | 80.0% |
| LEI:254900CRPFBFJUTD8P12 | 5 | $0.8M | $153K | 40.0% |
| Merchants & Marine Bank | 5 | $0.6M | $115K | 60.0% |
| BankPlus | 4 | $1.4M | $350K | 25.0% |
| Southern Bancorp Bank | 3 | $0.8M | $268K | 100.0% |
| The Citizens National Bank of Meridian | 3 | $0.4M | $132K | 0.0% |
| GMFS LLC | 2 | $0.9M | $465K | 100.0% |
| Peoples Bank | 2 | $0.5M | $260K | 100.0% |
| KEESLER | 2 | $0.4M | $205K | 0.0% |
| MOVEMENT MORTGAGE, LLC | 2 | $0.3M | $175K | 100.0% |
| Rocket Mortgage, LLC | 2 | $0.3M | $155K | 100.0% |
| The Citizens Bank of Philadelphia, Mississippi | 2 | $0.1M | $70K | 0.0% |
| Assurance Financial Group, L.L.C. | 1 | $0.4M | $405K | 100.0% |
| Cadence Bank | 1 | $0.4M | $365K | 100.0% |
| FNB Picayune Bank | 1 | $0.2M | $225K | 0.0% |
| Fidelity Bank | 1 | $0.2M | $215K | 100.0% |
| MISSION LOANS, LLC | 1 | $0.2M | $215K | 0.0% |
| Broker Solutions, Inc. | 1 | $0.1M | $135K | 100.0% |
| HANCOCK WHITNEY BANK | 1 | $0.1M | $125K | 100.0% |
67 Mississippi loans (1.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Lamar County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Lamar County CSV, all 25 lenders
What Lamar County's table can't show you: fit. Short-term financing is exempt from HMDA, so Lamar County's fix-and-flip and bridge lenders barely appear among its 28 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 Lamar County, Mississippi deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Lamar 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 — Lamar County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 28 lenders and 103 loans: 2025 HMDA loan-level data rolled up to Lamar County.
- Lamar County investor-lender dataset (CSV) — All 25 lenders in the Lamar County, Mississippi table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Lamar 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 Hattiesburg, MS MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Lamar 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.