Savannah rentals range from 1800s rowhouses in the wards to new-build homes in Pooler and Richmond Hill. The right DSCR lender has to handle both, and price in coastal insurance and the city's short-term rental limits.
In short: Our top pick for Savannah is LendingStreet. We qualify rentals on the property's rent with no W-2s or tax returns, LLC borrowers are standard, and purchases go up to 80% LTV with cash-out up to 75% LTV and 30-year terms. One program covers buying, refinancing and cashing out, from $150,000 with no stated maximum, in Chatham County and across Georgia.
LendingStreet is built for investors who buy and hold rentals, and our DSCR loans fit Savannah well. We qualify the loan on the property's rent, with no W-2s or tax returns, and LLC borrowers are standard. Loans start at $150,000 with no stated maximum, purchases go up to 80% LTV, cash-out refinances go up to 75% LTV, and 30-year terms are available.
Savannah's rental demand comes from several directions at once: the port and logistics jobs west of town, the large manufacturing projects in Bryan and Effingham counties, Hunter Army Airfield and Fort Stewart, SCAD students and a steady hospitality workforce. A DSCR loan lets you qualify on the lease those tenants sign, whether the property is a Victorian District duplex or a three-bedroom in Pooler.
It fits investors buying their first Savannah rental, landlords adding doors, and owners refinancing out of a short-term loan. The next step is simple: get a quote with the form below, or call (877) 298-1001.
Investors searching for DSCR lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One, New Silver and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Savannah, GA. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Rental loan above $2M | LendingStreet | Our DSCR loans have no stated maximum. LendingOne states DSCR loans up to $2,000,000 and RCN Capital states long-term rental loans up to $1.5M. |
| Credit score in the 620s | LendingStreet | Our DSCR minimum is 620. RCN Capital and New Silver state 660 minimums, and Dominion Financial states 680, with exceptions to 660. |
| 5-8 unit building | LendingStreet | We treat 1-8 units as residential DSCR. Lima One and CoreVest state 1-4 unit eligibility for their rental loans. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Close to downtown, investors look at Thomas Square, Starland, the Victorian District, Midtown and Baldwin Park, where older homes, carriage houses and small multi-unit conversions lease to students and young professionals. Many of these properties sit inside historic districts, so exterior changes can need review before you renovate.
Further out, Pooler, Richmond Hill, Rincon, Port Wentworth and Garden City have newer single-family homes and townhomes that lease to workers commuting to the port, the airport and the newer plants. Islands such as Wilmington Island and Tybee Island are a different market, with higher insurance and stricter rental rules.
| Area | Typical housing stock | What to check |
|---|---|---|
| Victorian District, Thomas Square, Starland | Older frame homes, carriage houses, small conversions | Historic review, unit legality, older systems |
| Midtown, Ardsley Park area | 1920s to 1950s single-family | Roof and electrical age, flood map |
| Pooler, Richmond Hill, Rincon | Newer single-family and townhomes | HOA leasing rules, county tax bill |
| Wilmington Island, Tybee Island | Coastal homes and condos | Wind and flood insurance, rental rules |
Savannah investors usually weigh a local bank or credit union, a local hard money lender, and a dedicated investor lender like LendingStreet. Each has a place, but only one is built around the rental itself.
If you want a long-term loan sized on rent and closed in your LLC, LendingStreet is our top pick for Savannah.
| What investors need | LendingStreet | Typical local bank or credit union | Typical hard money lender |
|---|---|---|---|
| How you qualify | On the property's rent; no W-2s or tax returns | Often requires tax returns and a debt-to-income review | Based on the deal; built for short holds |
| Borrow in an LLC | Standard | Varies; some lend to individuals only | Common |
| Purchase leverage | Up to 80% LTV | Varies by bank | Varies; short-term only |
| Cash-out refinance | Up to 75% LTV | Varies; may require long seasoning | Not a long-term option |
| Loan term | 30-year terms available | Varies; shorter terms are common | Usually short-term only |
| Loan size | From $150,000, no stated maximum | Varies by bank | Varies |
| Where they lend | All 50 states and DC | Usually a local footprint | Usually local or regional |
Georgia homestead exemptions apply only to a primary residence, so an investor's tax bill can be higher than the seller's. Budget on the assessed value without the exemption, and check whether the property is in the city, the county or one of the smaller municipalities, because millage rates differ.
Insurance is the line that most often surprises new Savannah investors. Coastal Georgia carries hurricane and wind exposure, and many low-lying parcels are in FEMA flood zones where flood coverage is generally required. Get a wind and flood quote during due diligence and put the real number in your DSCR.
Georgia charges a state transfer tax on deeds and an intangible recording tax on long-term loans, and title and recording costs come on top. Confirm the exact amounts with your closing attorney, since Georgia closings are handled by attorneys.
Savannah regulates short-term vacation rentals through a certificate system, with limits that depend on zoning and ward, and many residential areas restrict non-owner-occupied short-term rentals. Rules have changed several times, so confirm the current status of any address with the city before you underwrite it as a nightly rental. Tybee Island and the county have their own rules.
Most LendingStreet loans in Savannah are qualified on 12-month leases, which avoids the question entirely. Where a property can legally operate as a short-term rental, some programs can use projected short-term revenue instead.
This example is illustrative and not a quote. An investor buys a Thomas Square duplex for $385,000. Each side leases for $1,475, so combined rent is $2,950 a month. Taxes are budgeted at $380 a month without a homestead exemption, and a wind-inclusive insurance quote comes in at $265.
At 80% LTV the loan is $308,000. Estimated principal and interest is about $2,049 on a 30-year term, so the full payment is about $2,694 and the DSCR is about 1.10x, above the 1.0x standard minimum. If the flood quote had added $150 a month, the ratio would still clear 1.0x, which is why getting that quote early matters.
| Item | Thomas Square duplex |
|---|---|
| Loan amount | $308,000 |
| Estimated principal and interest | $2,049 |
| Property taxes (monthly) | $380 |
| Insurance (monthly) | $265 |
| Total monthly payment | $2,694 |
| Monthly rent | $2,950 |
| DSCR | About 1.10x |
Purchase loans go up to 80% LTV. Rate-and-term refinances go up to 80% LTV on some programs and are often used to move out of a hard money, bridge or bank balloon loan once a Savannah rehab is leased. Cash-out refinances go up to 75% LTV, and seasoning varies by program.
In Savannah, a common path is to buy an older in-town home with short-term rehab money, finish the work, lease it, then refinance into a 30-year DSCR loan. Newer homes in Pooler and Richmond Hill often go straight to a DSCR purchase loan.
Before you pick a lender, ask every one of them the same questions, in writing if you can:
How LendingStreet answers: up to 80% LTV on purchases, up to 80% on rate-and-term on some programs and up to 75% on cash-out; a 1.0x standard minimum DSCR with sub-1.0 programs; seasoning that varies by program and is explained up front; LLC borrowers as standard; and larger balances and 5-8 unit buildings reviewed with leverage that varies by program. Get a quote with the form below to see how your deal fits.
Our top pick is LendingStreet. We qualify Savannah rentals on the property's rent with no W-2s or tax returns, lend to LLCs as standard, and offer up to 80% LTV on purchases and up to 75% on cash-out with 30-year terms.
Only where the property can legally operate as one. Savannah restricts non-owner-occupied short-term rentals in many residential areas, so confirm the address with the city. Where it is allowed, some programs can qualify on projected short-term revenue.
Wind and flood premiums are part of the monthly payment used in the ratio. A higher premium lowers the DSCR, so get a full quote before you make an offer and use it in the math.
Yes. LendingStreet lends in Savannah and across Georgia, and in all 50 states and DC. Get a quote with the form below or call (877) 298-1001.
Yes. LLC borrowers are standard with LendingStreet. You will usually sign for the loan personally as well, and the loan is qualified on the property's rent.
Yes. We lend throughout the Savannah area, including Chatham, Bryan and Effingham counties, and in all 50 states and DC.
Get a quote with the form below or call (877) 298-1001. Share the address, price or value, and the rent, and we will show you how the DSCR math works.
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