DSCR Loan Georgia 2026: Rates, Lenders and Counties From 5,728 Federal Loan Records (2025)
Quick Answer
As of October 6, 2026, the federal loan-level record shows Georgia borrowers who took a DSCR-type loan in 2025 paid a median note rate of 7.25%, with the middle half between 6.875% and 7.75%. That is the record of 5,728 loans totaling $1.39 billion in the federal HMDA loan-level data (our arithmetic): median loan $205,000, median combined loan-to-value 74.721%, 40.1% purchases and 39% cash-out refinances. The median fell 0.375 points from 7.625% in 2024 while the count rose 49.2%, and the gap to conventional investor loans qualified on income shrank from 0.5 points to 0.26 points. Five Atlanta-area counties made 43.2% of the loans. “DSCR-type” is our proxy, because HMDA has no DSCR field: a first-lien, 1-4 unit, investment-property loan made for a business purpose with no debt-to-income ratio reported and a term of 30 years or more. These are note rates only: HMDA shows no points, fees or prepayment penalties for these loans.
Key Takeaways
- Georgia 2025: 5,728 DSCR-type loans for $1,391,710,000, up 49.2% in count and 54.8% in dollars from 3,840 loans in 2024. They were 25.2% of all conventional investment-property originations, up from 18%.
- Median note rate 7.25% (10th to 90th percentile 6.534% to 8.375%; middle half 6.875% to 7.75%), down from 7.625%. On the $205,000 median loan the 25th-to-75th percentile gap is $121.94 a month, $1,463 a year (our arithmetic).
- The DSCR premium nearly halved: the median was 0.26 points above conventional investor loans qualified on income in 2025 (6.99%), against 0.5 points in 2024 (7.125%). Conventional investor loans fell from 3,871 to 2,907 while DSCR-type loans grew.
- The least concentrated of the five states we have read: the top 10 lenders made 44.8% of the loans and 136 lenders filed at least one. United Wholesale Mortgage led with 593 loans; Kiavi was second with 378, mostly taken directly.
- Atlanta pulled ahead: Fulton, Gwinnett, DeKalb, Cobb and Clayton made 2,477 loans (43.2%, up from 40.2%), growing 60.3% against 41.7% in the rest of the state (our arithmetic). Smaller loans priced higher: under $150,000 the median was 7.5%.
- Georgia law (O.C.G.A. 7-4-2): above $3,000 the parties set the rate by written contract, origination fees and discount points on real-estate loans are not counted as interest, and “Unless stipulated in the contract, there shall be no prepayment penalty.” HMDA shows the prepayment field as NA on 100% of loans.
CSV · 399 rows
Georgia DSCR-type loans in federal HMDA data, 2024-2025
399 rows: Georgia DSCR-type loan counts, dollars, note-rate percentiles, loan size, LTV, purpose, channel, top lenders, named lenders and counties for 2024 and 2025, extra cuts, payment arithmetic and the Georgia statute figures. One source per row.
What a DSCR loan costs in Georgia: the public loan-by-loan record
A lender's website shows the rate it offers its best file. The federal Home Mortgage Disclosure Act (HMDA) record shows the rates borrowers actually closed at. Most mortgage lenders report every loan they originate each year, with the note rate, amount, loan-to-value ratio, purpose, property type and county, and the FFIEC and the Consumer Financial Protection Bureau publish the loan-level file. We downloaded the Georgia files for 2024 and 2025 on October 6, 2026 and computed every figure on this page from them (our arithmetic). For the product itself see what a DSCR loan is, rates by borrower tier, lender requirements and DSCR versus a conventional loan; this page is the Georgia record.
How we found the DSCR loans, and what HMDA cannot tell you
There is no “DSCR” field in HMDA, so the group is built from fields that do exist. A business-purpose loan is reported only in some cases: the Regulation C commentary says it “is a covered loan only if it is a home improvement loan under § 1003.2(i), a home purchase loan under § 1003.2(j), or a refinancing under § 1003.2(p) and no other exclusion applies.” A lender that approves a loan without using the borrower's debt-to-income ratio reports that field as not applicable, “since no debt-to-income ratio was relied on in connection with the credit decision.” DSCR lenders underwrite on the property's rent, so their loans appear as business-purpose investment loans with DTI “NA.” A DSCR-type loan on this page is:
- originated, conventional (not FHA, VA or USDA), first lien, closed-end, not a reverse mortgage;
- occupancy type 3 (investment property), 1 to 4 units;
- business or commercial purpose = yes;
- debt-to-income ratio = NA (1 Georgia loans coded “Exempt” in 2025 are left out);
- loan term of 360 months or longer, which leaves out the 12- to 36-month bridge and fix-and-flip loans (counted separately as “short-term”).
In 2025 Georgia had 167,566 conventional originations, 22,733 of them on investment property; 14,957 of those were for a business purpose and 10,243 of those had DTI reported as NA. The 5,728 DSCR-type loans are the part of that group with a term of 30 years or more.
The proxy has limits, listed here so you can weigh the numbers:
- Not a clean DSCR count. Other no-DTI business loans fall in it, and so do loans to LLCs, trusts and corporations, where the rules also require NA for DTI. Entity borrowers are 33% of the 2025 Georgia loans (identified by the FFIEC coding for a “non-natural person”).
- Note rate, not total cost. Discount points were reported on 0% of these loans and the prepayment-penalty term is NA on 100%; the public file has no credit score, DSCR or rent. A lower note rate with points or a heavy prepayment penalty can cost more than a higher rate without them.
- Rounded amounts. Public loan amounts are band midpoints (100% of DSCR-type loan amounts end in 5,000), and the FFIEC field list says property values are “Rounded to the midpoint of the nearest $10,000 interval for which the reported value falls,” so medians land on multiples of $5,000.
- Who is missing. Lenders below HMDA's reporting thresholds do not file, and a loan is listed under the institution that reported it.
- Two vintages. The 2024 file is the FFIEC one-year dataset and 2025 is the snapshot dataset, both downloaded October 6, 2026. Part of the change between them may come from reporting, not only from demand.
Georgia DSCR-type loans, 2024 vs 2025
Georgia DSCR-type loans in HMDA, 2024 vs 2025
| Measure | 2024 | 2025 |
|---|---|---|
| DSCR-type loans | 3,840 | 5,728 |
| Dollars lent | $899,150,000 | $1,391,710,000 |
| Share of all investment-property conventional loans | 18% | 25.2% |
| Note rate, 10th percentile | 6.75% | 6.534% |
| Note rate, 25th percentile | 7.125% | 6.875% |
| Note rate, median | 7.625% | 7.25% |
| Note rate, 75th percentile | 8.125% | 7.75% |
| Note rate, 90th percentile | 8.825% | 8.375% |
| Note rate, 95th percentile | 9.5% | 8.875% |
| Median loan amount | $205,000 | $205,000 |
| Loan amount, 25th percentile | $145,000 | $145,000 |
| Loan amount, 75th percentile | $265,000 | $275,000 |
| Median combined LTV | 70% | 74.721% |
| 75th percentile combined LTV | 75% | 75% |
| Median property value | $295,000 | $295,000 |
| Purchase loans | 41.6% | 40.1% |
| Cash-out refinances | 38% | 39% |
| Rate-and-term refinances | 16.2% | 17.5% |
| Interest-only payments | 11.5% | 10.3% |
| Adjustable rate | 4.5% | 2.5% |
| Balloon payment | 0.7% | 1.9% |
| 40-year term | 0.9% | 1.4% |
| 2-4 unit properties | 10.8% | 9.6% |
| Through a broker or correspondent | 54.7% | 58.3% |
| Borrower is an entity (LLC, corporation, trust) | 37.8% | 33% |
| Sold to a private securitizer in the same year | 21.8% | 21.8% |
| Lenders with at least one such loan | 113 | 136 |
The Georgia story of 2025 is the price gap. The DSCR-type median fell 0.375 points, from 7.625% to 7.25%, while the conventional investor median moved only from 7.125% to 6.99%, so the premium went from 0.5 points to 0.26 points. At the same time the two markets moved in opposite directions: conventional investor loans qualified on income fell from 3,871 to 2,907, and DSCR-type loans rose from 3,840 to 5,728, taking their share of investment-property originations from 18% to 25.2%. The typical loan is a single-family rental: 9.6% of loans were on 2-4 unit properties, the median property value was $295,000, and fixed-rate, amortizing loans dominate (adjustable 2.5%, interest-only 10.3%). Entity borrowers fell from 37.8% to 33%. Of the 2025 loans, 21.8% were sold to a private securitizer within the year and 18.4% were not sold in 2025, consistent with lenders funding these loans and selling them into bond deals later, as described in what a DSCR loan is.
What the spread in note rates costs
The middle half of Georgia DSCR-type borrowers paid between 6.875% and 7.75% in 2025; the 10th percentile was 6.534% and the 90th 8.375%. On the $205,000 median loan, a 30-year fixed payment at each point is:
Monthly principal and interest on a $205,000 loan, 30-year fixed, at each Georgia 2025 rate (our arithmetic)
| Where the rate falls | Note rate | Monthly principal and interest |
|---|---|---|
| 25th percentile (cheapest quarter ends here) | 6.875% | $1,346.70 |
| Median | 7.25% | $1,398.46 |
| 75th percentile (costliest quarter starts here) | 7.75% | $1,468.65 |
| Conventional investor loan (qualified on DTI), median | 6.99% | $1,362.49 |
The 25th-to-75th percentile gap is $121.94 a month, $1,463 a year. The DSCR median sits $35.97 a month ($432 a year) above the median for conventional investor loans qualified on income (6.99%, 2,907 loans). Those borrowers documented their income, so this compares two markets, not two quotes for the same file.
Which loans got the lower rate
Georgia DSCR-type loans in 2025: median note rate by segment (segments with at least 30 loans)
| Cut | Segment | Loans | Median note rate |
|---|---|---|---|
| Loan purpose | Purchase | 2,298 | 7.21% |
| Loan purpose | Cash-out refinance | 2,235 | 7.375% |
| Loan purpose | Rate-and-term refinance | 1,004 | 7.25% |
| Combined LTV | LTV 60% or less | 851 | 7.124% |
| Combined LTV | LTV over 60% to 70% | 1,497 | 7.25% |
| Combined LTV | LTV over 70% to 75% | 1,784 | 7.25% |
| Combined LTV | LTV over 75% to 80% | 956 | 7.375% |
| Combined LTV | LTV over 80% | 116 | 7.07% |
| Loan size | Loan under $150,000 | 1,536 | 7.5% |
| Loan size | Loan $150,000 to $299,999 | 3,057 | 7.25% |
| Loan size | Loan $300,000 to $499,999 | 824 | 7.125% |
| Loan size | Loan $500,000 to $999,999 | 244 | 7.375% |
| Loan size | Loan $1,000,000 or more | 67 | 7.5% |
| Channel | Applied directly to the lender | 2,387 | 7.225% |
| Channel | Through a broker or correspondent | 3,341 | 7.375% |
| Borrower | Borrower is an entity (LLC, corporation, trust) | 1,889 | 7.25% |
| Borrower | Borrower is a natural person | 3,839 | 7.25% |
| Rate type | Fixed rate | 5,587 | 7.25% |
| Rate type | Adjustable rate | 141 | 6.875% |
| Rate type | Interest-only | 589 | 7% |
| Property | Single-family (1 unit) | 5,177 | 7.25% |
| Property | 2-4 units | 551 | 7.375% |
These are medians of different borrower mixes, not prices for one file:
- Loan size. 1,536 loans under $150,000 had a 7.5% median; 824 loans of $300,000 to $499,999 had 7.125%. The 67 loans of $1 million or more were back up at 7.5%.
- Leverage. 7.124% at 60% LTV or below (851 loans) and 7.375% at 75% to 80% (956 loans). The 116 loans above 80% had 7.07%, a small group with its own mix of lenders.
- Channel made a small difference here. Applied directly to the lender: 2,387 loans at 7.225%. Through brokers or correspondents: 3,341 at 7.375%.
- Purpose. Purchases 7.21%, cash-out refinances 7.375%, rate-and-term refinances 7.25%.
- Borrower and structure. Entities and individuals both had 7.25%. Adjustable-rate loans (141) had 6.875%, interest-only loans (589) 7%, single-family 7.25% and 2-4 units 7.375%.
Who makes Georgia DSCR loans
Top 10 DSCR-type lenders in Georgia by 2025 loans (names as filed with HMDA)
| Lender | Loans 2025 | Share | Median rate | Middle half of rates | Median loan | Median LTV | Via brokers | Loans 2024 |
|---|---|---|---|---|---|---|---|---|
| United Wholesale Mortgage | 593 | 10.4% | 7.5% | 7%-8.125% | $175,000 | 75% | 100% | 460 |
| KIAVI FUNDING, INC. | 378 | 6.6% | 7.25% | 7%-7.5% | $145,000 | 70% | 11.4% | 252 |
| CHAMPIONS FUNDING, LLC | 252 | 4.4% | 7.5% | 7.125%-7.875% | $235,000 | not reported | 100% | 33 |
| BPL MORTGAGE, LLC | 234 | 4.1% | 7.375% | 6.875%-7.75% | $135,000 | 75% | 95.7% | 136 |
| HomeXpress Mortgage Corp. | 195 | 3.4% | 7.375% | 6.999%-7.875% | $235,000 | 75% | 99.5% | 10 |
| AmWest Funding Corp | 192 | 3.4% | 6.75% | 6.5%-7.125% | $225,000 | 70% | 94.8% | 152 |
| OCMBC, INC. | 188 | 3.3% | 7.125% | 6.875%-7.625% | $225,000 | 75% | 100% | 174 |
| Deephaven Mortgage LLC | 184 | 3.2% | 7.25% | 6.875%-7.625% | $220,000 | 70% | 100% | 144 |
| Hometown Equity Mortgage, LLC | 183 | 3.2% | 7.25% | 6.875%-7.5% | $245,000 | 75% | 0% | 113 |
| Investor Mortgage Finance LLC | 169 | 3% | 7.325% | 6.937%-7.875% | $225,000 | 75% | 0% | 196 |
No lender dominates Georgia: the top 10 made 44.8% of the 5,728 loans, the lowest share of the five states we have read, and 136 lenders filed at least one (113 in 2024). United Wholesale Mortgage, reached only through brokers, led with 593 loans (10.4%) at a 7.5% median. Kiavi was second with 378 at 7.25%, only 11.4% of them through brokers. The top-10 medians run from 6.75% (AmWest Funding Corp) to 7.5% (United Wholesale Mortgage and CHAMPIONS FUNDING); on the $205,000 median loan that is $103.76 a month, $1,245 a year (our arithmetic). Three of the ten take most applications directly: KIAVI FUNDING, INC. (11.4% via brokers), Hometown Equity Mortgage, LLC (0% via brokers), Investor Mortgage Finance LLC (0% via brokers). Fast risers: CHAMPIONS FUNDING, LLC from 33 loans in 2024 to 252; HomeXpress Mortgage Corp. from 10 loans in 2024 to 195. CHAMPIONS FUNDING reported the LTV field as NA, which is why its LTV shows as not reported.
The lenders investors search for by name
Lenders investors search for by name: their Georgia HMDA records
| Lender | DSCR-type loans 2025 | Median rate 2025 | DSCR-type loans 2024 | Median rate 2024 | Short-term loans 2025 | Short-term median 2025 |
|---|---|---|---|---|---|---|
| Kiavi Funding | 378 | 7.25% | 252 | 7.5% | 1,010 | 10.95% |
| Investor Mortgage Finance (Visio Lending) | 169 | 7.325% | 196 | 7.575% | 0 | under 10 loans |
| Lima One Capital | 41 | 7.1% | 104 | 7.55% | 85 | 10.45% |
| LendingOne | 141 | 6.96% | 130 | 6.865% | 127 | 9.74% |
| Angel Oak Mortgage Solutions | 97 | 7.249% | 84 | 7.562% | 0 | under 10 loans |
| Velocity Commercial Capital | 164 | 9.865% | 110 | 10.74% | 20 | 10.74% |
| Easy Street Capital | 0 | under 10 loans | 0 | under 10 loans | 205 | 9.9% |
| Griffin Funding | 3 | under 10 loans | 0 | under 10 loans | 0 | under 10 loans |
Several of the direct lenders investors search for have a real Georgia presence. Kiavi made 378 DSCR-type loans at 7.25% and 1,010 short-term loans (36 months or less, the bridge and fix-and-flip type) at 10.95%, which is 34.7% of all Georgia short-term loans (our arithmetic). Investor Mortgage Finance LLC, the lender entity named in Visio Lending's website footer, is in the state's top 10 with 169 loans at 7.325%, down from 196 in 2024. LendingOne made 141 at 6.96%, the lowest median in this table, plus 127 short-term loans. Lima One dropped from 104 to 41 DSCR-type loans (7.1%) and made 85 short-term loans; Angel Oak Mortgage Solutions made 97 (7.249%); Velocity Commercial Capital 164 at 9.865%, far above the market; Easy Street Capital 205 short-term loans and no 30-year ones; Griffin Funding 3. HMDA lists a loan under the institution that reported it, so a lender that closes loans approved elsewhere can look small. Our Visio Lending review, Kiavi review and Kiavi vs Lima One cover their published terms.
“Short-term” is our proxy for bridge and fix-and-flip loans: business purpose, investment property, no DTI, first lien, 36 months or less. Across Georgia there were 2,911 of them in 2025 at a 10.24% median, about 2.99 points above a DSCR-type loan. See also the best DSCR lenders and our check of 20 DSCR lenders' licenses and complaints.
Georgia next to the other states we have read
The five states we have read in HMDA, 2025 (same definition, our arithmetic)
| Measure | Georgia | Ohio | California | Florida | Texas |
|---|---|---|---|---|---|
| DSCR-type loans, 2025 | 5,728 | 8,904 | 13,209 | 21,912 | 13,229 |
| Change in loan count from 2024 | 49.2% | 61.9% | 66.4% | 44.6% | 64.2% |
| Median note rate, 2025 | 7.25% | 7.625% | 7.125% | 7.25% | 7.25% |
| Change in median from 2024 | -0.375 points | -0.183 points | -0.375 points | -0.365 points | -0.374 points |
| Median loan amount | $205,000 | $125,000 | $455,000 | $265,000 | $205,000 |
| Median combined LTV | 74.721% | 75% | 64.706% | 70% | 71.686% |
| Borrower is an entity | 33% | 59.9% | 6.9% | 19.7% | 21.1% |
| 2-4 unit properties | 9.6% | 25.9% | 24.1% | 9.9% | 10.3% |
| Purchase loans | 40.1% | 38.6% | 38.3% | 54.6% | 42.9% |
| Cash-out refinances | 39% | 33.4% | 44.1% | 31.4% | 35% |
| Interest-only payments | 10.3% | 9.7% | 17.4% | 11.6% | 13.3% |
| Adjustable rate | 2.5% | 1.5% | 9.7% | 6.2% | 2.4% |
| Share of investment-property conventional loans | 25.2% | 37.7% | 20.6% | 42.4% | 25.7% |
| Through a broker or correspondent | 58.3% | 56% | 70.5% | 70.3% | 65.7% |
| Top 10 lenders share | 44.8% | 64.9% | 47.7% | 52.5% | 48.2% |
| DSCR median minus conventional investor median | +0.260 points | +0.375 points | +0.250 points | +0.250 points | +0.375 points |
On price and size Georgia sits with Florida and Texas: the same 7.25% median, and a $205,000 median loan like Texas. It differs in two ways: its lender list is the least concentrated of the five, and its median combined LTV (74.721%) is second only to Ohio. Its loan count grew 49.2%, slower than Ohio, California and Texas. The sister pages read the same file for Florida and Texas.
Where in Georgia: the top 10 counties
Top 10 Georgia counties by 2025 DSCR-type loans (HMDA)
| County | Loans 2025 | Share of state | Median rate 2025 | Median loan | Median LTV | Loans 2024 | Change | Median rate 2024 |
|---|---|---|---|---|---|---|---|---|
| Fulton County | 875 | 15.3% | 7.375% | $225,000 | 73.696% | 514 | 70.2% | 7.625% |
| Gwinnett County | 546 | 9.5% | 6.999% | $265,000 | 70% | 366 | 49.2% | 7.5% |
| DeKalb County | 499 | 8.7% | 7.25% | $205,000 | 73.94% | 297 | 68% | 7.625% |
| Cobb County | 341 | 6% | 7.125% | $235,000 | 74.922% | 220 | 55% | 7.5% |
| Bibb County | 320 | 5.6% | 7.5% | $105,000 | 75% | 168 | 90.5% | 7.875% |
| Chatham County | 282 | 4.9% | 7.125% | $245,000 | 72.649% | 224 | 25.9% | 7.625% |
| Richmond County | 218 | 3.8% | 7.39% | $125,000 | 75% | 124 | 75.8% | 7.675% |
| Clayton County | 216 | 3.8% | 7.375% | $165,000 | 74.992% | 148 | 45.9% | 7.69% |
| Muscogee County | 212 | 3.7% | 7.375% | $115,000 | 75% | 148 | 43.2% | 7.375% |
| Hall County | 99 | 1.7% | 7% | $245,000 | 70% | 46 | 115.2% | 7.625% |
Fulton County (Atlanta) led with 875 loans, 15.3% of the state, at a 7.375% median and a $225,000 median loan. With Gwinnett, DeKalb, Cobb and Clayton, the five Atlanta-area counties in the top 10 made 2,477 loans, 43.2% of the state against 40.2% in 2024; they grew 60.3% while the rest of Georgia grew 41.7% (our arithmetic). The top 10 counties together made 63%. Suburban Gwinnett had the lowest county median, 6.999% on a $265,000 median loan. In the smaller-city counties the loans are smaller and the medians higher: Bibb (Macon) $105,000 at 7.5%, up 90.5%; Muscogee (Columbus) $115,000 at 7.375%; Richmond (Augusta) $125,000 at 7.39%. Chatham (Savannah) grew least, 25.9%, and Hall (Gainesville) most, 115.2% from 46 loans. Fulton, DeKalb, Gwinnett, Cobb and Clayton are the core Atlanta counties; Hall is Gainesville, Bibb is Macon, Chatham is Savannah, Richmond is Augusta and Muscogee is Columbus.
Georgia's interest statute and a DSCR loan
Georgia's general interest rules are in Chapter 4 of Title 7 of the Official Code of Georgia (O.C.G.A.). Three parts of section 7-4-2 matter to a DSCR borrower, and one part of section 7-4-18.
The rate is a contract term above $3,000. Under 7-4-2(a)(1)(A), “the parties may establish by written contract any rate of interest, expressed in simple interest terms as of the date of the evidence of the indebtedness,” “where the principal amount involved is more than $3,000.00 but less than $250,000.00.” For loans where “the principal amount is $250,000.00 or more,” subparagraph (B) allows “any rate of interest, expressed in simple interest terms or otherwise.” In the 2025 data, 3,879 Georgia DSCR-type loans (67.7%) were under $250,000, at a 7.305% median, and 1,849 (32.3%) were $250,000 or more, at 7.14% (our arithmetic).
Points are not interest. Paragraph (a)(3) says “Amounts paid or contracted to be paid as either an origination fee or discount points, or both,” on a loan secured by real estate “shall not be considered interest.” HMDA reported discount points on 0% of these loans, so the note rates on this page say nothing about points; compare them separately.
No prepayment penalty unless the note says so. Subsection (b)(2) is one sentence: “Unless stipulated in the contract, there shall be no prepayment penalty.” If a note does stipulate one, the terms are in the loan documents, not in HMDA, which shows the prepayment-penalty term as NA on 100% of these loans.
The ceiling that remains is criminal. Section 7-4-2(a)(1)(A) applies “except Code Section 7-4-18,” and 7-4-18(a) makes it a misdemeanor to charge “any rate of interest greater than 5 percent per month.” The highest note rate on a 2025 Georgia DSCR-type loan was 12.999%, and 74 loans (1.3%) were above 10% (our arithmetic).
The statute text was read from FindLaw's and Justia's reproductions of the O.C.G.A. and is saved in the page's sources. This is a reading of statute text, not legal advice.
What a Georgia investor can do with this
- Place any quote on the distribution. A note rate at or below 6.875% was in the cheapest quarter of Georgia DSCR-type loans in 2025; at or above 7.75% it was in the costliest quarter. Use 2025 as a range, not a target, and ask for today's quote.
- Find the prepayment clause. Under O.C.G.A. 7-4-2(b)(2) there is no prepayment penalty unless the contract stipulates one, so read the note's prepayment section and ask for the schedule in writing before you compare rates.
- Price the points separately. Georgia does not count origination fees or discount points on real-estate loans as interest, and HMDA does not show them. Ask each lender for the full fee sheet.
- Get more than one quote, including a direct lender. Top-10 lender medians differed by $103.76 a month on the median loan, and loans applied for directly had a 7.225% median against 7.375% through brokers.
- Expect a small loan to cost more. Under $150,000 the median was 7.5%; from $300,000 to $499,999 it was 7.125%.
- Check whether you qualify conventionally. The conventional investor median was 6.99% in 2025 against 7.25%, a gap of $35.97 a month on the median loan. Our DSCR vs conventional comparison and DSCR calculator help you see which one your property clears.
FAQ
Loan-level data: FFIEC/CFPB HMDA Data Browser, Georgia originated conventional loans for 2024 and 2025, downloaded October 6, 2026 (request URLs in the data file; scripts in sources/); Florida and Texas figures from the same pipeline, run on October 5, 2026; definitions from the Regulation C text and commentary and the FFIEC HMDA field list; lender names from the FFIEC filer lists; county names from the Census Bureau 2020 county list; Visio Lending's lender entities from its website footer; O.C.G.A. sections 7-4-2 and 7-4-18 as reproduced by FindLaw and Justia. All percentiles, medians, shares and payment figures are our arithmetic. This is analysis of public documents, not investment, legal or tax advice, and not a loan offer.
Keep reading.
- 0124 min read
DSCR Loan California 2026: Rates, Lenders and Counties From 13,209 Federal Loan Records (2025)
California DSCR-type loans in federal HMDA loan-level data: 13,209 loans and $7.59 billion in 2025, median note rate 7.125% (middle half 6.75% to 7.625%) on a $455,000 median loan at 64.706% loan-to-value. Leverage and channel pricing, top lenders, counties, and the Article XV usury exemptions for licensed lenders, read October 6, 2026.
- 0225 min read
DSCR Loan Ohio 2026: Rates, Lenders and Counties From 8,904 Federal Loan Records (2025)
Ohio DSCR-type loans in federal HMDA loan-level data: 8,904 loans and $1.38 billion in 2025, median note rate 7.625% (middle half 7.25% to 8.125%) on a $125,000 median loan. Small-loan pricing, LLC borrowers, top lenders, Cuyahoga and other counties, and Ohio interest and prepayment statutes, read October 6, 2026.
- 0323 min read
Hard Money Loans in Florida 2026: Rates, Terms and Lenders From 5,691 Federal Loan Records
Florida short-term investor loans (the fix-and-flip and bridge type) in federal HMDA data: 5,691 loans and $2.43 billion in 2025, median note rate 10.45% (middle half 9.75% to 11.2%), 12-month terms on 66.4%, median loan $275,000. Top lenders, counties, Florida usury limits and what HMDA misses, read October 6, 2026.