DSCR Loans in St. Clair County, Alabama
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 48 lenders made 139 investment-property loans in St. Clair County, 1.4% of Alabama's total. Dominick Prevete arranges DSCR loans across St. Clair 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 $280,000.
St. Clair County investor market at a glance
| Statistic | St. Clair County | Alabama | County rank |
|---|---|---|---|
| Investor loans | 139 | 10,035 | 18th of 23 |
| Reporting lenders | 48 | 495 | 15th of 23 |
| Loan volume | $25.1M | $1.98B | 19th of 23 |
| Average loan | $181K | $197K | 12th of 23 |
| Median loan | $165K | $145K | 6th of 23 |
| Purchases | 61.9% | 57.9% | 9th of 23 |
| Cash-out refinances | 10.1% | 16.1% | 13th of 23 |
| 2–4 unit properties | 5.0% | 8.1% | 19th of 23 |
| Top five lenders' share | 53.2% | 18.5% | 6th of 23 |
| Reported business-purpose | 43.2% | 68.3% | 22nd of 23 |
St. Clair County: closed-end loans on 1–4 unit investment properties. St. Clair County's rank is highest first, among Alabama's counties with at least 100 investor loans and 25 reporting lenders. Shares are of St. Clair County's investor loans.
What stands out in St. Clair County
43.2% of St. Clair County's investor loans were reported as business-purpose, the 2nd-lowest share of Alabama's 23 counties with published data (statewide: 68.3%).
Fewer investor loans here were reported as business-purpose than in most of Alabama. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
5.0% of St. Clair County's investor loans financed a 2–4 unit property, the 5th-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.
Does a DSCR loan pencil in St. Clair County?
At HUD's fair market rent of $1,727 for a 3-bedroom in St. Clair County, Alabama, a rental covers its full DSCR payment up to a purchase price of about $280,000, with 20% down at the 7.25% starting rate (November 2026). St. Clair County's median home value is $226,300; at that price the payment is $1,390 a month, so the property would need $1,400 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) | $1,375 / $1,727 / $1,941 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $226,300 |
| Median property taxes and effective rate | $724 (0.32% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,390 |
| Rent needed to cover that payment | $1,400 |
| Coverage of a 3-bedroom at fair market rent | 1.24 |
| Highest price a 3-bedroom at fair market rent covers | about $280,000 |
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 St. Clair County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in St. Clair County?
The most active investment-property lenders in St. Clair County in 2025 HMDA data were Metro Bank; NFM, INC.; and Community Bank of Mississippi, out of 48 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 two that reported in St. Clair County, and matches each file to the one most likely to fund it.
St. Clair County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 139 loans and $25.1M from 48 lenders. Metro Bank led St. Clair County with 49 loans, 35.3% of the county's total, and the average St. Clair County loan of $181K compares with $197K across Alabama.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Metro Bank | 49 | $6.8M | $139K | 40.8% |
| NFM, INC. | 11 | $2.4M | $219K | 100.0% |
| Community Bank of Mississippi | 5 | $1.9M | $375K | 80.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 5 | $0.8M | $165K | 60.0% |
| MY MOVE MORTGAGE, LLC | 4 | $0.7M | $185K | 100.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | 4 | $0.7M | $163K | 100.0% |
| SouthPoint Bank | 3 | $0.7M | $235K | 100.0% |
| The Hometown Bank of Alabama | 3 | $0.7M | $228K | 66.7% |
| Loan Funder LLC | 3 | $0.6M | $198K | 33.3% |
| OCMBC, INC. | 3 | $0.5M | $168K | 100.0% |
| Rocket Mortgage, LLC | 3 | $0.4M | $128K | 0.0% |
| Bryant Bank | 2 | $0.8M | $380K | 100.0% |
| First Bank of Alabama | 2 | $0.8M | $375K | 50.0% |
| Assurance Financial Group, L.L.C. | 2 | $0.6M | $300K | 0.0% |
| BankPlus | 2 | $0.5M | $230K | 0.0% |
| GUARANTEED RATE, INC. | 2 | $0.4M | $195K | 0.0% |
| Kiavi Funding, Inc. | 2 | $0.4M | $190K | 100.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | 2 | $0.3M | $125K | 100.0% |
| STOCKTON MORTGAGE CORPORATION | 2 | $0.3M | $125K | 0.0% |
| Liberty Mortgage Corporation | 2 | $0.2M | $85K | 50.0% |
| BPL MORTGAGE TRUST, LLC | 1 | $0.4M | $405K | 0.0% |
| A&D Mortgage LLC | 1 | $0.3M | $315K | 100.0% |
| Trustmark National Bank | 1 | $0.3M | $305K | 100.0% |
| CV3 FINANCIAL SERVICES, LLC | 1 | $0.3M | $285K | 100.0% |
| Citadel Servicing Corporation | 1 | $0.2M | $225K | 100.0% |
257 Alabama loans (2.6%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for St. Clair County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · St. Clair County CSV, all 25 lenders
What St. Clair County's table can't show you: fit. Short-term financing is exempt from HMDA, so St. Clair County's fix-and-flip and bridge lenders barely appear among its 48 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 St. Clair County, Alabama deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a St. Clair 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 — St. Clair County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 48 lenders and 139 loans: 2025 HMDA loan-level data rolled up to St. Clair County.
- St. Clair County investor-lender dataset (CSV) — All 25 lenders in the St. Clair County, Alabama table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — St. Clair 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 — St. Clair 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.