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UNITEDLENDING

Investment property loans · Mobile County, AL

Hard money, fix and flip and DSCR loans in Mobile, AL

Mobile sits at the head of Mobile Bay with Alabama's only deep-water port, and employers such as the Airbus assembly plant and the Austal USA shipyard add steady jobs. Investors restore Creole cottages, shotgun houses and other older frame homes in the historic neighborhoods near downtown and hold single-family rentals elsewhere in the city, pricing hurricane, wind and flood exposure into every deal.

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Where investors buy

Neighborhoods investors look at in Mobile

Neighborhoods near downtown mix Creole cottages, shotgun houses and Greek Revival homes with working-class frame houses and Victorian, Queen Anne and Tudor Revival styles, most of it built between the mid-1800s and the 1940s.
Oakleigh GardenA local historic district centered on Washington Square, with buildings from the 1820s to the 1940s in Federal, Greek Revival, Victorian and Craftsman styles.
Old Dauphin WayThe city's largest historic district, mostly working-class frame houses with larger mansions along the main streets, where buyers find older homes to restore.
MidtownA district of houses built from the 1880s to the 1950s around Murphy High School, listed federally rather than as a local district, which buyers should confirm before planning exterior changes.
ToulminvilleA northwest-side neighborhood fully annexed in 1945, with older single-family houses that investors buy for rehab and long-term rental.

Loan programs

Loans for Mobile real estate investors

Pick the loan that fits the deal: short-term money to buy, renovate or build, or a long-term loan to hold the property. Published limits are subject to appraisal and underwriting.
Long-term

DSCR rental loans in Mobile

30-year loans for Mobile rentals of 1–4 units, fixed or adjustable, qualified on the rent with no personal income verification: up to 85% of the price on a purchase, with loans from $75,000.

Purchase LTV up to85%
Term30 years
Income docsNot required
Loans from$75K

Subject to appraisal and underwriting.

DSCR loans: terms and requirements
Short-term

Fix and flip loans in Mobile

Buy and renovate in Mobile with up to 95% of the price and 100% of the rehab budget, on a 12–18 months interest-only loan with no prepayment penalty when the house sells.

Purchase price up to95%
Rehab funded up to100%
Term12–18 months
Prepayment penaltyNone

Subject to appraisal and underwriting.

Fix and flip loans: terms and requirements
Short-term

Bridge loans in Mobile

Close quickly on a Mobile property with up to 95% of the cost financed and a 12–18 months interest-only term, then sell it or refinance onto a long-term loan. No prepayment penalty.

Leverage up to95% LTC
Term12–18 months
PaymentsInterest only
Prepayment penaltyNone

Subject to appraisal and underwriting.

Bridge loans: terms and requirements
Short-term

Ground-up construction loans in Mobile

Financing for new builds in Mobile, from spec homes built to sell to rentals built to hold. Every project is quoted on its plans, budget and builder.

Quoted on your deal.

Construction loans: get a quote
Long-term

Multifamily and commercial loans in Mobile

Financing for Mobile apartment buildings of five units or more, mixed-use and commercial property, quoted on the building's income.

Quoted on your deal.

Multifamily and commercial: get a quote

Good to know

Before you buy in Mobile

Local rules and costs that change a deal's numbers or closing date in Mobile and Mobile County. Sources are listed at the bottom of the page.
  • Pull the FEMA flood map for the parcel before you scope a rehab: in a Special Flood Hazard Area, work costing 50% or more of the building's market value counts as a substantial improvement and must meet current floodplain rules.
  • Get windstorm and flood insurance quotes before you set rents or loan terms: Hurricane Frederic passed just west of the city in 1979, and Hurricane Katrina's surge in Mobile Bay flooded downtown and the Causeway in 2005.
  • Check whether the house is in one of the city's seven local historic districts, such as Oakleigh Garden, Old Dauphin Way or Church Street East, and plan for exterior work to go through the Architectural Review Board.
  • Price property taxes as a rental: Alabama assesses non-owner-occupied property in Class II at 20% of appraised value, double the 10% Class III ratio for an owner-occupied home.

Get your terms

Have a Mobile property in mind?

Contact details first, then single-tap answers on the property, the amount and when you need to close. A loan officer phones you back with terms.
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United Lending LLC offers business-purpose financing secured by non-owner-occupied investment real estate. We do not offer loans for personal, family or household purposes, or loans on owner-occupied primary residences.

Questions

Loans in Mobile: common questions

Do you offer hard money loans in Mobile?

Yes. United Lending LLC offers private real estate financing for investors in Mobile and the rest of Mobile County: fix and flip and bridge loans sized on the deal, and DSCR rental loans sized on the rent. We're headquartered in Brooklyn, New York, and lend nationwide.

Do you offer DSCR loans in Mobile?

Yes. Our DSCR loans are 30-year loans on 1–4 unit rentals, fixed or adjustable, qualified on the property's rent against its monthly payment with no personal income verification, up to 85% loan-to-value on a purchase and loans from $75,000. Investors use them for rentals in Oakleigh Garden, Old Dauphin Way and Midtown, among other parts of Mobile.

How much can I borrow for a Mobile flip?

Up to 95% of the purchase price and up to 100% of the rehab budget, on a 12–18 months interest-only loan. Those are maximums, subject to appraisal and underwriting: the property, your experience and the comps set what your loan gets.

Is there a prepayment penalty on a loan in Mobile?

There's no prepayment penalty on fix and flip or bridge loans. DSCR rental loans come with a choice of prepayment terms, from none up to five years, set out in your written terms before you commit.

Do I need to live in Mobile or have a Alabama LLC?

No. You can borrow in your own name or through an LLC, wherever you live; many of our borrowers invest outside their home state. If your LLC was formed outside Alabama, your loan officer will tell you what's needed before closing.

Alabama

More places we lend in Alabama

Sources (13)Checked November 9, 2026

United Lending's loan terms are its published program limits. The local rules and costs on this page come from the public sources below, checked on the date shown; confirm them with the city, county or your closing attorney before you rely on them.

  1. FEMA: substantial improvement definition
  2. FEMA Flood Map Service Center
  3. Build Mobile: engineering permitting
  4. Build Mobile: historic development and local historic districts
  5. City of Mobile: Historic development (seven local districts)
  6. National Weather Service Mobile: Hurricane Frederic
  7. National Weather Service Mobile: Hurricane Katrina
  8. Alabama Department of Revenue: property (ad valorem) tax classes
  9. Mobile, Alabama (port, employers, hurricanes, architecture)
  10. Oakleigh Garden Historic District
  11. Old Dauphin Way Historic District
  12. Midtown Historic District (Mobile)
  13. Toulminville