DSCR Loans in Madison County, Kentucky
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 53 lenders made 155 investment-property loans in Madison County, 2.0% of Kentucky's total. Dominick Prevete arranges DSCR loans across Madison County, Kentucky, 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 $210,000.
Madison County investor market at a glance
| Statistic | Madison County | Kentucky | County rank |
|---|---|---|---|
| Investor loans | 155 | 7,902 | 10th of 14 |
| Reporting lenders | 53 | 369 | 8th of 14 |
| Loan volume | $35.9M | $1.53B | 8th of 14 |
| Average loan | $232K | $193K | 4th of 14 |
| Median loan | $205K | $155K | 2nd of 14 |
| Purchases | 69.7% | 58.5% | 4th of 14 |
| Cash-out refinances | 4.5% | 12.4% | 13th of 14 |
| 2–4 unit properties | 31.6% | 19.3% | 1st of 14 |
| Top five lenders' share | 45.2% | 15.4% | 9th of 14 |
| Reported business-purpose | 67.1% | 60.6% | 8th of 14 |
Madison County: closed-end loans on 1–4 unit investment properties. Madison County's rank is highest first, among Kentucky'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
31.6% of Madison County's investor loans financed a 2–4 unit property, the highest share of Kentucky's 14 counties with published data (statewide: 19.3%).
2–4 unit properties are common here. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The median investor loan in Madison County was $205K, the 2nd-highest median of Kentucky's 14 counties with published data (statewide: $155K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
4.5% of Madison County's investor loans were cash-out refinances, the 2nd-lowest share of Kentucky's 14 counties with published data (statewide: 12.4%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Madison County?
At HUD's fair market rent of $1,375 for a 3-bedroom in Madison County, Kentucky, a rental covers its full DSCR payment up to a purchase price of about $210,000, with 20% down at the 7.25% starting rate (November 2026). Madison County's median home value is $232,000; at that price the payment is $1,504 a month, so the property would need $1,525 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) | $993 / $1,375 / $1,600 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $232,000 |
| Median property taxes and effective rate | $1,698 (0.73% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,504 |
| Rent needed to cover that payment | $1,525 |
| Coverage of a 3-bedroom at fair market rent | 0.91 |
| Highest price a 3-bedroom at fair market rent covers | about $210,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $305,000 |
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 Whitaker Bank, Cumberland Valley National Bank & Trust Company and First Southern National Bank, out of 53 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.
Madison County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 155 loans and $35.9M from 53 lenders. Whitaker Bank led Madison County with 31 loans, 20.0% of the county's total, and the average Madison County loan of $232K compares with $193K across Kentucky.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Whitaker Bank | 31 | $5.4M | $176K | 51.6% |
| Cumberland Valley National Bank & Trust Company | 16 | $4.3M | $272K | 75.0% |
| First Southern National Bank | 9 | $2.4M | $266K | 88.9% |
| COMMONWEALTH | 8 | $3.5M | $433K | 62.5% |
| Central Bank & Trust Company | 6 | $2.2M | $360K | 100.0% |
| Bank of the Bluegrass and Trust Company | 6 | $1.4M | $230K | 66.7% |
| Stock Yards Bank & Trust Company | 6 | $1.4M | $227K | 50.0% |
| Peoples Exchange Bank | 6 | $1.2M | $197K | 83.3% |
| Magnolia Bank, Incorporated | 5 | $1.4M | $271K | 100.0% |
| City National Bank of West Virginia | 4 | $0.9M | $228K | 100.0% |
| U.S. Bank National Association | 3 | $0.6M | $188K | 66.7% |
| Guardian Savings Bank | 3 | $0.5M | $158K | 66.7% |
| T2 FINANCIAL LLC | 3 | $0.4M | $125K | 66.7% |
| Loan Funder LLC | 2 | $1.0M | $480K | 0.0% |
| Community Trust Bank, Inc. | 2 | $0.6M | $315K | 100.0% |
| AMWEST FUNDING CORP. | 2 | $0.5M | $235K | 50.0% |
| United Wholesale Mortgage | 2 | $0.4M | $215K | 100.0% |
| The Farmers Bank | 2 | $0.4M | $195K | 50.0% |
| KIND LENDING, LLC | 2 | $0.4M | $195K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $0.4M | $185K | 0.0% |
| Rocket Mortgage, LLC | 2 | $0.3M | $155K | 50.0% |
| Bank of Lexington, Inc. | 2 | $0.2M | $115K | 0.0% |
| GENWAY HOME MORTGAGE, INC. | 1 | $0.6M | $565K | 100.0% |
| UNIVERSITY OF KENTUCKY | 1 | $0.4M | $445K | 100.0% |
| Leader Bank, National Association | 1 | $0.3M | $295K | 100.0% |
117 Kentucky loans (1.5%) 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 November 11, 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 53 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 →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Madison County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Madison County |
|---|---|---|---|
| Fayette County, KY | 793 | 126 | Borders Madison County |
| Jessamine County, KY | 142 | 38 | Borders Madison County |
| Scott County, KY | 116 | 44 | About 40 miles away |
| Jefferson County, KY | 1,842 | 182 | About 80 miles away |
Run the coverage test on your Madison County, Kentucky deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Madison County, Kentucky 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 53 lenders and 155 loans: 2025 HMDA loan-level data rolled up to Madison County.
- Madison County investor-lender dataset (CSV) — All 25 lenders in the Madison County, Kentucky 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 Madison County, KY.
- 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.