DSCR Loans in Mobile County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 137 lenders made 710 investment-property loans in Mobile County, 7.1% of Alabama's total. Dominick Prevete arranges DSCR loans across Mobile 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 $235,000.
Mobile County investor market at a glance
| Statistic | Mobile County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 710 | 10,035 | 4th of 23 |
| Reporting lenders | 137 | 495 | 4th of 23 |
| Loan volume | $114.8M | $1.98B | 4th of 23 |
| Average loan | $162K | $197K | 13th of 23 |
| Median loan | $125K | $145K | 13th of 23 |
| Purchases | 48.9% | 57.9% | 18th of 23 |
| Cash-out refinances | 21.4% | 16.1% | 6th of 23 |
| 2–4 unit properties | 8.3% | 8.1% | 14th of 23 |
| Top five lenders' share | 29.7% | 18.5% | 19th of 23 |
| Reported business-purpose | 78.9% | 68.3% | 4th of 23 |
Mobile County: closed-end loans on 1–4 unit investment properties. Mobile County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Mobile County's investor loans.
What stands out in Mobile County
By share of investor loans reported as business-purpose, Mobile County ranks 4th-highest of Alabama's 23 counties with published data (statewide: 68.3%).
78.9% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The five most active lenders wrote 29.7% of Mobile County's investor loans, the 5th-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.
Does a DSCR loan pencil in Mobile County?
At HUD's fair market rent of $1,474 for a 3-bedroom in Mobile County, Alabama, 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). Mobile County's median home value is $190,700; at that price the payment is $1,194 a month, so the property would need $1,200 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) | $1,139 / $1,474 / $1,565 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $190,700 |
| Median property taxes and effective rate | $888 (0.47% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,194 |
| Rent needed to cover that payment | $1,200 |
| Coverage of a 3-bedroom at fair market rent | 1.23 |
| Highest price a 3-bedroom at fair market rent covers | about $235,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $360,000 |
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 Mobile County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Mobile County?
The most active investment-property lenders in Mobile County in 2025 HMDA data were Community Bank of Mississippi; UNITED SHORE FINANCIAL SERVICES, LLC; and Kiavi Funding, Inc., out of 137 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 Mobile County, and matches each file to the one most likely to fund it.
Mobile County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 710 loans and $114.8M from 137 lenders. Community Bank of Mississippi led Mobile County with 56 loans, 7.9% of the county's total, and the average Mobile County loan of $162K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Community Bank of Mississippi | 56 | $5.7M | $102K | 25.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 50 | $5.3M | $107K | 50.0% |
| Kiavi Funding, Inc. | 48 | $7.0M | $146K | 47.9% |
| United Bank | 31 | $3.9M | $125K | 25.8% |
| Loan Funder LLC | 26 | $3.8M | $146K | 23.1% |
| River Bank & Trust | 25 | $4.3M | $172K | 68.0% |
| Renasant Bank | 24 | $2.7M | $111K | 20.8% |
| 21st Mortgage Corporation | 19 | $1.6M | $86K | 73.7% |
| BPL MORTGAGE TRUST, LLC | 17 | $2.0M | $116K | 17.6% |
| Century Bank | 15 | $2.2M | $149K | 53.3% |
| Rocket Mortgage, LLC | 15 | $1.9M | $126K | 53.3% |
| THE LOAN STORE, INC. | 12 | $1.9M | $158K | 41.7% |
| CV3 FINANCIAL SERVICES, LLC | 12 | $1.5M | $123K | 75.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 12 | $1.3M | $104K | 83.3% |
| Chickasaw Community Bank | 11 | $1.7M | $156K | 100.0% |
| EMBRACE HOME LOANS, INC. | 11 | $1.3M | $120K | 54.5% |
| Trustmark National Bank | 11 | $1.3M | $115K | 72.7% |
| Regions Bank | 10 | $1.6M | $162K | 60.0% |
| GMFS LLC | 9 | $1.4M | $159K | 88.9% |
| DOMINION FINANCIAL SERVICES, LLC | 9 | $1.4M | $153K | 66.7% |
| DEEPHAVEN MORTGAGE LLC | 9 | $1.3M | $146K | 11.1% |
| Hometown Equity Mortgage, LLC | 9 | $1.3M | $145K | 44.4% |
| DHI MORTGAGE COMPANY, LTD. | 8 | $1.9M | $233K | 100.0% |
| KIND LENDING, LLC | 8 | $1.6M | $205K | 50.0% |
| BankPlus | 8 | $1.6M | $201K | 50.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Mobile County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Mobile County CSV, all 25 lenders
What Mobile County's table can't show you: fit. Short-term financing is exempt from HMDA, so Mobile County's fix-and-flip and bridge lenders barely appear among its 137 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 Mobile County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Mobile 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 — Mobile County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 137 lenders and 710 loans: 2025 HMDA loan-level data rolled up to Mobile County.
- Mobile County investor-lender dataset (CSV) — All 25 lenders in the Mobile County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Mobile 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 Mobile, AL MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Mobile 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.