DSCR Loans in Shelby County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 93 lenders made 243 investment-property loans in Shelby County, 2.4% of Alabama's total. Dominick Prevete arranges DSCR loans across Shelby 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.
Shelby County investor market at a glance
| Statistic | Shelby County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 243 | 10,035 | 11th of 23 |
| Reporting lenders | 93 | 495 | 8th of 23 |
| Loan volume | $57.2M | $1.98B | 9th of 23 |
| Average loan | $235K | $197K | 5th of 23 |
| Median loan | $185K | $145K | 3rd of 23 |
| Purchases | 70.0% | 57.9% | 6th of 23 |
| Cash-out refinances | 15.2% | 16.1% | 8th of 23 |
| 2–4 unit properties | 2.5% | 8.1% | 23rd of 23 |
| Top five lenders' share | 28.4% | 18.5% | 20th of 23 |
| Reported business-purpose | 60.9% | 68.3% | 14th of 23 |
Shelby County: closed-end loans on 1–4 unit investment properties. Shelby County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Shelby County's investor loans.
What stands out in Shelby County
2.5% of Shelby County's investor loans financed a 2–4 unit property, the 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.
The median investor loan in Shelby County was $185K, the 3rd-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.
The five most active lenders wrote 28.4% of Shelby County's investor loans, the 4th-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 Shelby County?
At HUD's fair market rent of $1,727 for a 3-bedroom in Shelby 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). Shelby County's median home value is $326,100; at that price the payment is $2,034 a month, so the property would need $2,050 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) | $1,375 / $1,727 / $1,941 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $326,100 |
| Median property taxes and effective rate | $1,423 (0.44% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,034 |
| Rent needed to cover that payment | $2,050 |
| Coverage of a 3-bedroom at fair market rent | 0.85 |
| Highest price a 3-bedroom at fair market rent covers | about $275,000 |
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 Shelby County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Shelby County?
The most active investment-property lenders in Shelby County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Central State Bank; and NFM, INC., out of 93 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 Shelby County, and matches each file to the one most likely to fund it.
Shelby County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 243 loans and $57.2M from 93 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Shelby County with 21 loans, 8.6% of the county's total, and the average Shelby County loan of $235K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 21 | $4.6M | $220K | 76.2% |
| Central State Bank | 20 | $3.5M | $176K | 65.0% |
| NFM, INC. | 12 | $2.8M | $231K | 91.7% |
| Kiavi Funding, Inc. | 10 | $1.9M | $188K | 90.0% |
| FirstBank | 6 | $3.1M | $512K | 16.7% |
| Community Bank of Mississippi | 6 | $2.8M | $463K | 50.0% |
| Cadence Bank | 6 | $1.4M | $235K | 33.3% |
| THE LOAN STORE, INC. | 6 | $1.1M | $182K | 50.0% |
| Rocket Mortgage, LLC | 6 | $1.0M | $165K | 16.7% |
| AVADIAN | 5 | $1.0M | $205K | 100.0% |
| Fairway Independent Mortgage Corporation | 5 | $1.0M | $193K | 80.0% |
| Assurance Financial Group, L.L.C. | 4 | $1.5M | $370K | 25.0% |
| LAND HOME FINANCIAL SERVICES, INC. | 4 | $1.5M | $370K | 100.0% |
| AMWEST FUNDING CORP. | 4 | $1.2M | $310K | 100.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | 4 | $1.0M | $258K | 100.0% |
| Renasant Bank | 4 | $1.0M | $248K | 50.0% |
| Citadel Servicing Corporation | 4 | $0.8M | $188K | 25.0% |
| Regions Bank | 4 | $0.6M | $155K | 75.0% |
| ServisFirst Bank | 3 | $2.1M | $695K | 100.0% |
| AMERICAN FINANCIAL NETWORK, INC. | 3 | $0.8M | $275K | 0.0% |
| First Bank of Alabama | 3 | $0.7M | $245K | 66.7% |
| Commerce Home Mortgage, Inc. | 3 | $0.7M | $225K | 100.0% |
| River Bank & Trust | 3 | $0.6M | $185K | 100.0% |
| Bryant Bank | 3 | $0.5M | $175K | 66.7% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 3 | $0.5M | $175K | 0.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Shelby County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Shelby County CSV, all 25 lenders
What Shelby County's table can't show you: fit. Short-term financing is exempt from HMDA, so Shelby County's fix-and-flip and bridge lenders barely appear among its 93 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 Shelby County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Shelby 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 — Shelby County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 93 lenders and 243 loans: 2025 HMDA loan-level data rolled up to Shelby County.
- Shelby County investor-lender dataset (CSV) — All 25 lenders in the Shelby County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Shelby 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 Birmingham-Hoover, AL HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Shelby 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.