DSCR Loans in Madison County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 159 lenders made 996 investment-property loans in Madison County, 9.9% of Alabama's total. Dominick Prevete arranges DSCR loans across Madison 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 $275,000.
Madison County investor market at a glance
| Statistic | Madison County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 996 | 10,035 | 2nd of 23 |
| Reporting lenders | 159 | 495 | 3rd of 23 |
| Loan volume | $187.4M | $1.98B | 3rd of 23 |
| Average loan | $188K | $197K | 11th of 23 |
| Median loan | $175K | $145K | 4th of 23 |
| Purchases | 62.8% | 57.9% | 8th of 23 |
| Cash-out refinances | 13.6% | 16.1% | 11th of 23 |
| 2–4 unit properties | 8.5% | 8.1% | 12th of 23 |
| Top five lenders' share | 28.0% | 18.5% | 21st of 23 |
| Reported business-purpose | 73.6% | 68.3% | 6th of 23 |
Madison County: closed-end loans on 1–4 unit investment properties. Madison County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Madison County's investor loans.
What stands out in Madison County
The five most active lenders wrote 28.0% of Madison County's investor loans, the 3rd-lowest share of Alabama's 23 counties with published data (statewide: 18.5%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
The median investor loan in Madison County was $175K, the 4th-highest median of Alabama's 23 counties with published data (statewide: $145K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in Madison County?
At HUD's fair market rent of $1,735 for a 3-bedroom in Madison County, Alabama, a rental covers its full DSCR payment up to a purchase price of about $275,000, with 20% down at the 7.25% starting rate (November 2026). Madison County's median home value is $299,200; at that price the payment is $1,856 a month, so the property would need $1,875 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,341 / $1,735 / $2,241 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $299,200 |
| Median property taxes and effective rate | $1,185 (0.40% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,856 |
| Rent needed to cover that payment | $1,875 |
| Coverage of a 3-bedroom at fair market rent | 0.93 |
| Highest price a 3-bedroom at fair market rent covers | about $275,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $430,000 |
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 Madison County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Madison County?
The most active investment-property lenders in Madison County in 2025 HMDA data were Kiavi Funding, Inc.; UNITED SHORE FINANCIAL SERVICES, LLC; and DHI MORTGAGE COMPANY, LTD., out of 159 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 Madison County, and matches each file to the one most likely to fund it.
Madison County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 996 loans and $187.4M from 159 lenders. Kiavi Funding, Inc. led Madison County with 110 loans, 11.0% of the county's total, and the average Madison County loan of $188K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 110 | $19.1M | $174K | 86.4% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 67 | $11.7M | $174K | 71.6% |
| DHI MORTGAGE COMPANY, LTD. | 37 | $8.1M | $219K | 100.0% |
| Bank Independent | 36 | $6.8M | $189K | 50.0% |
| LENDINGONE, LLC | 29 | $4.3M | $149K | 34.5% |
| SmartBank | 29 | $4.0M | $138K | 89.7% |
| Bryant Bank | 28 | $5.5M | $196K | 35.7% |
| LENNAR MORTGAGE, LLC | 27 | $6.2M | $230K | 100.0% |
| Rocket Mortgage, LLC | 26 | $4.3M | $165K | 46.2% |
| First National Bank of Pulaski | 24 | $6.3M | $263K | 37.5% |
| HOMEXPRESS MORTGAGE CORP. | 23 | $4.8M | $208K | 21.7% |
| REDSTONE Federal Credit Union | 23 | $4.1M | $178K | 56.5% |
| Cadence Bank | 22 | $3.8M | $172K | 63.6% |
| LEI:549300XQM4M89ZBZLQ02 | 17 | $3.6M | $213K | 35.3% |
| DOMINION FINANCIAL SERVICES, LLC | 17 | $2.1M | $124K | 41.2% |
| CB&S Bank, Inc. | 16 | $2.5M | $158K | 25.0% |
| North Alabama Bank | 16 | $1.8M | $114K | 75.0% |
| FirstBank | 13 | $2.7M | $210K | 46.2% |
| THE LOAN STORE, INC. | 13 | $2.7M | $204K | 76.9% |
| River Bank & Trust | 13 | $2.6M | $198K | 84.6% |
| BPL MORTGAGE TRUST, LLC | 11 | $1.7M | $156K | 9.1% |
| VICTORIAN FINANCE, LLC | 9 | $2.0M | $219K | 33.3% |
| GUARANTEED RATE, INC. | 9 | $1.5M | $163K | 66.7% |
| First Jackson Bank, Inc. | 8 | $2.2M | $278K | 75.0% |
| Trustmark National Bank | 8 | $1.6M | $200K | 75.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Madison County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Madison County CSV, all 25 lenders
What Madison County's table can't show you: fit. Short-term financing is exempt from HMDA, so Madison County's fix-and-flip and bridge lenders barely appear among its 159 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 Madison County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Madison 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 — Madison County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 159 lenders and 996 loans: 2025 HMDA loan-level data rolled up to Madison County.
- Madison County investor-lender dataset (CSV) — All 25 lenders in the Madison County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Madison 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 — Madison 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.