DSCR Loans in Madison County, Mississippi
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 55 lenders made 225 investment-property loans in Madison County, 3.8% of Mississippi's total. Dominick Prevete arranges DSCR loans across Madison 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 $235,000.
Madison County investor market at a glance
| Statistic | Madison County | Mississippi | County rank |
|---|---|---|---|
| Investor loans | 225 | 5,868 | 7th of 12 |
| Reporting lenders | 55 | 295 | 8th of 12 |
| Loan volume | $51.3M | $863.0M | 6th of 12 |
| Average loan | $228K | $147K | 2nd of 12 |
| Median loan | $195K | $115K | 2nd of 12 |
| Purchases | 64.0% | 50.1% | 3rd of 12 |
| Cash-out refinances | 4.4% | 7.9% | 11th of 12 |
| 2–4 unit properties | 9.3% | 13.0% | 8th of 12 |
| Top five lenders' share | 47.1% | 34.2% | 8th of 12 |
| Reported business-purpose | 76.0% | 72.3% | 6th of 12 |
Madison County: closed-end loans on 1–4 unit investment properties. Madison County's rank is highest first, among Mississippi'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 average investor loan in Madison County was $228K, the 2nd-highest average of Mississippi's 12 counties with published data (statewide: $147K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
4.4% of Madison County's investor loans were cash-out refinances, the 2nd-lowest share of Mississippi's 12 counties with published data (statewide: 7.9%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
64.0% of Madison County's investor loans were purchases, the 3rd-highest share of Mississippi's 12 counties with published data (statewide: 50.1%).
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.
Does a DSCR loan pencil in Madison County?
At HUD's fair market rent of $1,536 for a 3-bedroom in Madison County, Mississippi, a rental covers its full DSCR payment up to a purchase price of about $235,000, with 20% down at the 7.25% starting rate (November 2026). Madison County's median home value is $311,100; at that price the payment is $2,003 a month, so the property would need $2,025 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) | $1,289 / $1,536 / $1,694 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $311,100 |
| Median property taxes and effective rate | $2,108 (0.68% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,003 |
| Rent needed to cover that payment | $2,025 |
| Coverage of a 3-bedroom at fair market rent | 0.77 |
| Highest price a 3-bedroom at fair market rent covers | about $235,000 |
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 BankPlus, Community Bank of Mississippi and BankFirst Financial Services, out of 55 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: 225 loans and $51.3M from 55 lenders. BankPlus led Madison County with 37 loans, 16.4% of the county's total, and the average Madison County loan of $228K compares with $147K across Mississippi.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| BankPlus | 37 | $13.2M | $356K | 73.0% |
| Community Bank of Mississippi | 33 | $4.5M | $137K | 30.3% |
| BankFirst Financial Services | 14 | $2.4M | $174K | 78.6% |
| First Bank | 11 | $2.7M | $244K | 72.7% |
| Cadence Bank | 11 | $2.2M | $198K | 36.4% |
| Bank of Yazoo City | 10 | $1.9M | $192K | 60.0% |
| Renasant Bank | 9 | $2.0M | $221K | 66.7% |
| PriorityOne Bank | 7 | $2.0M | $289K | 57.1% |
| GUILD MORTGAGE COMPANY | 6 | $1.2M | $195K | 100.0% |
| Trustmark National Bank | 6 | $1.0M | $163K | 50.0% |
| Guaranty Bank and Trust Company | 5 | $1.4M | $277K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 5 | $0.8M | $163K | 60.0% |
| AMWEST FUNDING CORP. | 4 | $1.1M | $275K | 100.0% |
| Southern Bancorp Bank | 4 | $1.1M | $263K | 100.0% |
| Merchants and Planters Bank | 4 | $0.3M | $85K | 25.0% |
| The Citizens National Bank of Meridian | 3 | $0.9M | $315K | 66.7% |
| Emporium TPO LLC | 3 | $0.6M | $198K | 0.0% |
| First Commercial Bank | 3 | $0.5M | $155K | 66.7% |
| Rocket Mortgage, LLC | 3 | $0.3M | $115K | 0.0% |
| KEESLER | 2 | $0.7M | $365K | 50.0% |
| The Citizens Bank of Philadelphia, Mississippi | 2 | $0.6M | $315K | 50.0% |
| MOVEMENT MORTGAGE, LLC | 2 | $0.5M | $230K | 50.0% |
| Hometown Equity Mortgage, LLC | 2 | $0.5M | $225K | 100.0% |
| American Mortgage Bank, LLC | 2 | $0.4M | $205K | 100.0% |
| U.S. Bank National Association | 2 | $0.4M | $205K | 100.0% |
67 Mississippi loans (1.1%) 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 55 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 →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, Mississippi deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Madison 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 — Madison County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 55 lenders and 225 loans: 2025 HMDA loan-level data rolled up to Madison County.
- Madison County investor-lender dataset (CSV) — All 25 lenders in the Madison County, Mississippi 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 Jackson, MS HUD Metro FMR Area.
- 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.