DSCR Loans in Limestone County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 68 lenders made 200 investment-property loans in Limestone County, 2.0% of Alabama's total. Dominick Prevete arranges DSCR loans across Limestone 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 $280,000.
Limestone County investor market at a glance
| Statistic | Limestone County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 200 | 10,035 | 13th of 23 |
| Reporting lenders | 68 | 495 | 10th of 23 |
| Loan volume | $38.5M | $1.98B | 12th of 23 |
| Average loan | $193K | $197K | 10th of 23 |
| Median loan | $175K | $145K | 4th of 23 |
| Purchases | 77.5% | 57.9% | 1st of 23 |
| Cash-out refinances | 5.5% | 16.1% | 21st of 23 |
| 2–4 unit properties | 4.0% | 8.1% | 22nd of 23 |
| Top five lenders' share | 37.0% | 18.5% | 18th of 23 |
| Reported business-purpose | 62.5% | 68.3% | 11th of 23 |
Limestone County: closed-end loans on 1–4 unit investment properties. Limestone County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Limestone County's investor loans.
What stands out in Limestone County
77.5% of Limestone County's investor loans were purchases, the highest share of Alabama's 23 counties with published data (statewide: 57.9%).
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.
4.0% of Limestone County's investor loans financed a 2–4 unit property, the 2nd-lowest share of Alabama's 23 counties with published data (statewide: 8.1%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
5.5% of Limestone County's investor loans were cash-out refinances, the 2nd-lowest share of Alabama's 23 counties with published data (statewide: 16.1%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Limestone County?
At HUD's fair market rent of $1,735 for a 3-bedroom in Limestone County, Alabama, a rental covers its full DSCR payment up to a purchase price of about $280,000, with 20% down at the 7.25% starting rate (November 2026). Limestone County's median home value is $281,000; at that price the payment is $1,726 a month, so the property would need $1,750 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) | $1,341 / $1,735 / $2,241 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $281,000 |
| Median property taxes and effective rate | $900 (0.32% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,726 |
| Rent needed to cover that payment | $1,750 |
| Coverage of a 3-bedroom at fair market rent | 1.01 |
| Highest price a 3-bedroom at fair market rent covers | about $280,000 |
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 Limestone County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Limestone County?
The most active investment-property lenders in Limestone County in 2025 HMDA data were Kiavi Funding, Inc.; LENNAR MORTGAGE, LLC; and DHI MORTGAGE COMPANY, LTD., out of 68 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 Limestone County, and matches each file to the one most likely to fund it.
Limestone County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 200 loans and $38.5M from 68 lenders. Kiavi Funding, Inc. led Limestone County with 22 loans, 11.0% of the county's total, and the average Limestone County loan of $193K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 22 | $3.4M | $155K | 95.5% |
| LENNAR MORTGAGE, LLC | 18 | $4.1M | $228K | 100.0% |
| DHI MORTGAGE COMPANY, LTD. | 15 | $3.0M | $199K | 100.0% |
| First National Bank of Pulaski | 11 | $1.9M | $174K | 54.5% |
| North Alabama Bank | 8 | $1.1M | $141K | 87.5% |
| First Metro Bank | 7 | $1.2M | $171K | 71.4% |
| Loandepot.Com, LLC | 6 | $1.4M | $237K | 83.3% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 6 | $1.0M | $172K | 100.0% |
| HOMEXPRESS MORTGAGE CORP. | 5 | $0.8M | $163K | 40.0% |
| Trustmark National Bank | 5 | $0.7M | $145K | 60.0% |
| Bryant Bank | 5 | $0.6M | $119K | 60.0% |
| SmartBank | 5 | $0.6M | $117K | 100.0% |
| Bank Independent | 4 | $1.1M | $273K | 50.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 4 | $0.9M | $223K | 100.0% |
| Traditions Bank | 4 | $0.8M | $203K | 75.0% |
| Cadence Bank | 3 | $1.3M | $422K | 100.0% |
| FIRST COMMERCE BANK | 3 | $1.1M | $382K | 100.0% |
| Heritage Mortgage, LLC | 3 | $0.6M | $215K | 100.0% |
| REDSTONE Federal Credit Union | 3 | $0.5M | $168K | 100.0% |
| LEI:549300XQM4M89ZBZLQ02 | 3 | $0.4M | $148K | 100.0% |
| EvaBank | 3 | $0.2M | $72K | 66.7% |
| NexBank | 2 | $0.5M | $260K | 0.0% |
| Rocket Mortgage, LLC | 2 | $0.5M | $240K | 100.0% |
| NEWREZ LLC | 2 | $0.4M | $220K | 50.0% |
| AMWEST FUNDING CORP. | 2 | $0.4M | $220K | 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 Limestone County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Limestone County CSV, all 25 lenders
What Limestone County's table can't show you: fit. Short-term financing is exempt from HMDA, so Limestone County's fix-and-flip and bridge lenders barely appear among its 68 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 Limestone County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Limestone 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 — Limestone County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 68 lenders and 200 loans: 2025 HMDA loan-level data rolled up to Limestone County.
- Limestone County investor-lender dataset (CSV) — All 25 lenders in the Limestone County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Limestone 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 Huntsville, AL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Limestone 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.