DSCR Loans in Lee County, Mississippi
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 30 lenders made 194 investment-property loans in Lee County, 3.3% of Mississippi's total. Dominick Prevete arranges DSCR loans across Lee 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 $200,000.
Lee County investor market at a glance
| Statistic | Lee County | Mississippi | County rank |
|---|---|---|---|
| Investor loans | 194 | 5,868 | 8th of 12 |
| Reporting lenders | 30 | 295 | 11th of 12 |
| Loan volume | $27.5M | $863.0M | 9th of 12 |
| Average loan | $142K | $147K | 10th of 12 |
| Median loan | $125K | $115K | 9th of 12 |
| Purchases | 33.5% | 50.1% | 12th of 12 |
| Cash-out refinances | 6.2% | 7.9% | 8th of 12 |
| 2–4 unit properties | 14.9% | 13.0% | 3rd of 12 |
| Top five lenders' share | 70.6% | 34.2% | 1st of 12 |
| Reported business-purpose | 92.8% | 72.3% | 1st of 12 |
Lee County: closed-end loans on 1–4 unit investment properties. Lee County's rank is highest first, among Mississippi's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Lee County's investor loans.
What stands out in Lee County
By share of investor loans reported as business-purpose, Lee County ranks highest of Mississippi's 12 counties with published data (statewide: 72.3%).
92.8% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
33.5% of Lee County's investor loans were purchases, the lowest share of Mississippi's 12 counties with published data (statewide: 50.1%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
The five most active lenders wrote 70.6% of Lee County's investor loans, the highest share of Mississippi's 12 counties with published data (statewide: 34.2%).
Five lenders write 70.6% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Lee County?
At HUD's fair market rent of $1,319 for a 3-bedroom in Lee County, Mississippi, a rental covers its full DSCR payment up to a purchase price of about $200,000, with 20% down at the 7.25% starting rate (November 2026). Lee County's median home value is $199,500; at that price the payment is $1,287 a month, so the property would need $1,300 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) | $1,044 / $1,319 / $1,372 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $199,500 |
| Median property taxes and effective rate | $1,384 (0.69% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,287 |
| Rent needed to cover that payment | $1,300 |
| Coverage of a 3-bedroom at fair market rent | 1.02 |
| Highest price a 3-bedroom at fair market rent covers | about $200,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $320,000 |
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 Lee County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Lee County?
The most active investment-property lenders in Lee County in 2025 HMDA data were Community Bank of Mississippi, Guaranty Bank and Trust Company and Renasant Bank, out of 30 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 Lee County, and matches each file to the one most likely to fund it.
Lee County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 194 loans and $27.5M from 30 lenders. Community Bank of Mississippi led Lee County with 56 loans, 28.9% of the county's total, and the average Lee County loan of $142K compares with $147K across Mississippi.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Community Bank of Mississippi | 56 | $3.9M | $69K | 8.9% |
| Guaranty Bank and Trust Company | 29 | $4.5M | $156K | 65.5% |
| Renasant Bank | 24 | $3.0M | $126K | 62.5% |
| BankFirst Financial Services | 15 | $2.5M | $167K | 20.0% |
| BankPlus | 13 | $2.4M | $188K | 30.8% |
| Cadence Bank | 11 | $2.0M | $181K | 18.2% |
| BPL MORTGAGE TRUST, LLC | 9 | $1.8M | $205K | 0.0% |
| CB&S Bank, Inc. | 3 | $0.8M | $262K | 33.3% |
| First Commercial Bank | 3 | $0.4M | $148K | 100.0% |
| LENDINGONE, LLC | 3 | $0.3M | $95K | 66.7% |
| The Citizens Bank of Philadelphia, Mississippi | 3 | $0.2M | $75K | 0.0% |
| Trustmark National Bank | 2 | $1.8M | $920K | 50.0% |
| Kiavi Funding, Inc. | 2 | $0.5M | $245K | 100.0% |
| CHAMPIONS FUNDING, LLC | 2 | $0.4M | $210K | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | 2 | $0.4M | $185K | 0.0% |
| Patriot Bank | 2 | $0.3M | $150K | 0.0% |
| NEWREZ LLC | 2 | $0.2M | $120K | 100.0% |
| Truist Bank | 1 | $0.4M | $435K | 100.0% |
| FREEDOM MORTGAGE CORPORATION | 1 | $0.2M | $165K | 0.0% |
| United Southern Bank | 1 | $0.2M | $165K | 100.0% |
| Wells Fargo Bank, National Association | 1 | $0.2M | $155K | 0.0% |
| AMERICAN HERITAGE LENDING, LLC | 1 | $0.1M | $145K | 0.0% |
| Rocket Mortgage, LLC | 1 | $0.1M | $135K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 1 | $0.1M | $135K | 100.0% |
| Magnolia Bank, Incorporated | 1 | $0.1M | $125K | 0.0% |
67 Mississippi loans (1.1%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Lee County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Lee County CSV, all 25 lenders
What Lee County's table can't show you: fit. Short-term financing is exempt from HMDA, so Lee County's fix-and-flip and bridge lenders barely appear among its 30 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 Lee County, Mississippi deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Lee 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 — Lee County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 30 lenders and 194 loans: 2025 HMDA loan-level data rolled up to Lee County.
- Lee County investor-lender dataset (CSV) — All 25 lenders in the Lee County, Mississippi table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Lee 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 Lee County, MS.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Lee 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.