DSCR Loans in Lauderdale County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 56 lenders made 204 investment-property loans in Lauderdale County, 2.0% of Alabama's total. Dominick Prevete arranges DSCR loans across Lauderdale 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 $215,000.
Lauderdale County investor market at a glance
| Statistic | Lauderdale County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 204 | 10,035 | 12th of 23 |
| Reporting lenders | 56 | 495 | 11th of 23 |
| Loan volume | $31.0M | $1.98B | 14th of 23 |
| Average loan | $152K | $197K | 20th of 23 |
| Median loan | $125K | $145K | 13th of 23 |
| Purchases | 46.6% | 57.9% | 20th of 23 |
| Cash-out refinances | 13.7% | 16.1% | 10th of 23 |
| 2–4 unit properties | 15.2% | 8.1% | 1st of 23 |
| Top five lenders' share | 50.5% | 18.5% | 8th of 23 |
| Reported business-purpose | 53.4% | 68.3% | 19th of 23 |
Lauderdale County: closed-end loans on 1–4 unit investment properties. Lauderdale County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Lauderdale County's investor loans.
What stands out in Lauderdale County
15.2% of Lauderdale County's investor loans financed a 2–4 unit property, the 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.
46.6% of Lauderdale County's investor loans were purchases, the 4th-lowest share of Alabama's 23 counties with published data (statewide: 57.9%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
The average investor loan in Lauderdale County was $152K, the 4th-lowest average of Alabama's 23 counties with published data (statewide: $197K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Lauderdale County?
At HUD's fair market rent of $1,348 for a 3-bedroom in Lauderdale County, Alabama, a rental covers its full DSCR payment up to a purchase price of about $215,000, with 20% down at the 7.25% starting rate (November 2026). Lauderdale County's median home value is $200,300; at that price the payment is $1,240 a month, so the property would need $1,250 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) | $1,085 / $1,348 / $1,426 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $200,300 |
| Median property taxes and effective rate | $757 (0.38% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,240 |
| Rent needed to cover that payment | $1,250 |
| Coverage of a 3-bedroom at fair market rent | 1.09 |
| Highest price a 3-bedroom at fair market rent covers | about $215,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $350,000 |
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 Lauderdale County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Lauderdale County?
The most active investment-property lenders in Lauderdale County in 2025 HMDA data were Bank Independent, First Southern Bank and First Metro Bank, out of 56 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 two that reported in Lauderdale County, and matches each file to the one most likely to fund it.
Lauderdale County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 204 loans and $31.0M from 56 lenders. Bank Independent led Lauderdale County with 36 loans, 17.6% of the county's total, and the average Lauderdale County loan of $152K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Bank Independent | 36 | $3.8M | $106K | 50.0% |
| First Southern Bank | 26 | $3.0M | $117K | 11.5% |
| First Metro Bank | 23 | $3.4M | $149K | 65.2% |
| River Bank & Trust | 9 | $1.4M | $151K | 77.8% |
| ALABAMA CENTRAL | 9 | $1.2M | $138K | 0.0% |
| PeoplesTrust Bank | 8 | $1.8M | $228K | 50.0% |
| Listerhill Credit Union | 8 | $0.8M | $104K | 62.5% |
| FirstBank | 7 | $1.9M | $275K | 71.4% |
| CB&S Bank, Inc. | 6 | $1.3M | $218K | 83.3% |
| Renasant Bank | 5 | $2.2M | $435K | 60.0% |
| Rocket Mortgage, LLC | 5 | $0.6M | $123K | 20.0% |
| EvaBank | 5 | $0.2M | $43K | 0.0% |
| GUARANTEED RATE, INC. | 3 | $0.5M | $165K | 0.0% |
| BPL MORTGAGE TRUST, LLC | 3 | $0.4M | $138K | 66.7% |
| SmartBank | 3 | $0.3M | $95K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $0.6M | $280K | 0.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.4M | $200K | 50.0% |
| Kiavi Funding, Inc. | 2 | $0.4M | $190K | 100.0% |
| Assurance Financial Group, L.L.C. | 2 | $0.3M | $165K | 50.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 2 | $0.3M | $155K | 0.0% |
| Trustmark National Bank | 2 | $0.2M | $80K | 50.0% |
| First National Bank of Pulaski | 2 | $0.1M | $70K | 50.0% |
| Heritage Bank & Trust | 1 | $0.5M | $525K | 100.0% |
| Beeline Loans, Inc. | 1 | $0.4M | $415K | 0.0% |
| Synovus Bank | 1 | $0.4M | $415K | 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 Lauderdale County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Lauderdale County CSV, all 25 lenders
What Lauderdale County's table can't show you: fit. Short-term financing is exempt from HMDA, so Lauderdale County's fix-and-flip and bridge lenders barely appear among its 56 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 Lauderdale County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Lauderdale 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 — Lauderdale County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 56 lenders and 204 loans: 2025 HMDA loan-level data rolled up to Lauderdale County.
- Lauderdale County investor-lender dataset (CSV) — All 25 lenders in the Lauderdale County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Lauderdale 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 Florence-Muscle Shoals, AL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Lauderdale 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.