Georgia's $1M+ rentals stretch from Buckhead estates and intown Atlanta fourplexes to lake houses on Lanier and Oconee and historic buildings in Savannah. Everywhere, the question is whether the rent covers the payment.
In short: Our top pick for jumbo DSCR in Georgia is LendingStreet. We finance high-value 1-8 unit rentals from about $1.5M to $5M+, qualify on the property's rent instead of tax returns, and treat LLC borrowers as standard. Georgia's costs are friendlier than many states, with a capped intangible recording tax on mortgages and property taxes assessed at 40% of value, but investors lose the homestead exemption, and that belongs in the ratio from day one.
For a large Georgia rental, LendingStreet offers jumbo DSCR loans from about $1.5M to $5M+ on 1-8 unit properties, built for investors who want long-term financing without handing over tax returns. We qualify on the rent, lend to LLCs as standard, offer 30-year terms and accept credit scores from 620. Our DSCR loans start at $150,000 with no stated maximum, so a single Buckhead home and a group of Savannah rentals can sit under one lender.
Who it fits: investors with luxury rentals in Buckhead, Brookhaven, Sandy Springs, Alpharetta and Milton, intown Atlanta small multifamily, Savannah historic properties, lake homes leased long term, and coastal homes in the Golden Isles.
On bigger loans, expect a more detailed review and leverage that can sit below the 80% purchase and 75% cash-out maximums, depending on the program. Send us the deal with the form below, or call (877) 298-1001.
If you are weighing Angel Oak, CoreVest, Dominion Financial, LendingOne, Lima One, New Silver, RCN Capital and Roc Capital for a jumbo DSCR loan for investors in Georgia, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
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 of $3M to $5M+ | LendingStreet | Our DSCR loans have no stated maximum. Angel Oak and New Silver state DSCR maximums of $3 million, and Roc Capital states $2MM for single rentals. |
| 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. |
| 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. |
In metro Atlanta, the highest-value rentals are in Buckhead, Ansley Park, Morningside, Virginia-Highland, Brookhaven and Sandy Springs, and north in Alpharetta, Milton and Johns Creek, where large homes lease to executives and relocating families near the GA-400 office corridor. Intown neighborhoods like Grant Park, Kirkwood and Inman Park have older small apartment buildings and fourplexes that can push a loan past $1M.
Savannah's Historic District and Ardsley Park have brick townhouses and converted multi-unit buildings, and the Golden Isles around St. Simons Island carry high values. Lake Lanier and Lake Oconee homes often rent long term to professionals, while Athens has student-oriented small multifamily.
| Item | North Atlanta suburbs | Intown Atlanta | Savannah and coast |
|---|---|---|---|
| Typical large rental | Executive single-family homes | Fourplexes and 5-8 unit buildings | Historic townhouses, coastal homes |
| Main cost issue | County and school taxes; HOA dues | City and county taxes; older systems | Wind and flood insurance |
| Rent used | Long-term leases | Long-term leases | Long-term leases; STR only where allowed |
| Leverage on a large balance | Often lower; varies by program | Often lower on 5-8 units | Often lower; varies by program |
When a Georgia rental loan crosses $1M, the field of lender types narrows quickly. Banks and credit unions usually want full income documentation, hard money lenders are built for short-term projects, and national online DSCR lenders and private individuals vary widely in loan size and unit-count rules. Here is the side-by-side.
| What investors need | LendingStreet | Typical bank or credit union | Typical hard money lender |
|---|---|---|---|
| Qualify on rent, no W-2s or tax returns | Yes, DSCR loans qualify on the property's rent | Usually full income documents and tax returns | Often asset based, but for short-term loans |
| Loan size above $1.5M | From $150,000 with no stated maximum; jumbo DSCR about $1.5M to $5M+ | Varies; large balances may depend on a deposit relationship | Varies; usually short-term balances |
| Long-term financing | 30-year terms available | Varies; investment loans are often shorter or adjustable | Usually short-term only |
| LLC borrowers | Standard | Varies; some lend only to individuals | Common |
| 5-8 unit buildings | Covered as residential DSCR (1-8 units) | Often treated as commercial | Varies |
| Cash-out refinance | Up to 75% LTV; varies by program on large balances | Varies; often income documents and seasoning rules | Short-term only |
| Underwrites coastal insurance in the ratio | Yes; we use the real insurance quote | Varies | Varies; short-term focus |
| Where they lend | All 50 states and DC | Usually a local or regional footprint | Often local or regional |
Georgia charges an intangible recording tax on long-term mortgages of $1.50 per $500 of loan amount, capped at $25,000. On a jumbo loan the cap matters, because the tax stops growing once the loan is large enough. The state transfer tax on a purchase is $1 per $1,000 of value and is customarily paid by the seller.
Property taxes are based on 40% of fair market value, then multiplied by the combined county, city and school district millage. The homestead exemption only applies to a primary residence, and investors do not get it, so the bill after you buy from an owner-occupant can jump. Budget on the full rate.
This example is illustrative and not a quote. An investor buys a Buckhead home for $1,600,000 that leases for $10,500 a month. Without a homestead exemption, taxes are budgeted at $1,700 a month, and insurance is $380. At a $1,200,000 loan, Georgia's intangible recording tax would be $3,600 ($1.50 per $500), well under the $25,000 cap.
At 75% LTV the loan is $1,200,000 and estimated principal and interest on a 30-year term is about $8,085. Add $1,700 in taxes and $380 in insurance, and the monthly payment is about $10,165, for a DSCR of about 1.03x.
At 70% LTV the loan drops to $1,120,000, estimated principal and interest falls to about $7,546, the total payment is about $9,626 and DSCR rises to about 1.09x. The investor brings about $80,000 more to closing. On a large balance, max LTV can be lower than our 80% purchase maximum, and it varies by program.
| Item | 75% LTV | 70% LTV |
|---|---|---|
| Loan amount | $1,200,000 | $1,120,000 |
| Estimated principal and interest | $8,085 | $7,546 |
| Property taxes | $1,700 | $1,700 |
| Insurance | $380 | $380 |
| Total monthly payment | $10,165 | $9,626 |
| DSCR at $10,500 rent | About 1.03x | About 1.09x |
Many of Georgia's $1M+ multi-unit loans are older 5-8 unit buildings in Midtown, Grant Park and Decatur, plus converted mansions in Savannah. Our residential DSCR covers 1 to 8 units, so these qualify on combined rents with an LLC borrower. Max LTV on 5-8 units can be lower and varies by program. Buildings with 9 or more units are commercial loans (see /commercial.html).
Older roofs, plumbing and wiring can raise insurance costs, so get the quote early.
Atlanta requires a short-term rental license and generally limits operators to their primary residence plus one additional unit. Savannah restricts whole-home short-term rentals in many residential zones and caps them in others. Many lake and North Georgia mountain counties have their own permit rules, and HOAs often add more. Check with the city or county before relying on nightly income; our STR programs can qualify on projected revenue where it is allowed (see /str.html).
On the coast, wind and flood insurance can be the largest line after taxes. Get a quote before you go under contract.
Ask each lender these questions and get the answers in writing. On a $1M+ loan, small differences in leverage change how much cash you need.
LendingStreet's answers: up to 80% LTV on a purchase and up to 75% on a cash-out, often lower on 5-8 units and larger balances (varies by program); a 1.0x standard minimum DSCR with sub-1.0 programs available; cash-out seasoning that varies by program; LLC borrowers as standard; and loans from $150,000 with no stated maximum, with jumbo DSCR running about $1.5M to $5M+. We lay out the closing steps with your terms. Use the form below or call (877) 298-1001 to get yours.
Have these ready when you get a quote with the form below or call (877) 298-1001, and you will get a clearer answer faster.
For most investors with a $1M+ rental, our top pick is LendingStreet: jumbo DSCR from about $1.5M to $5M+, qualification on rent instead of tax returns, LLC borrowing as standard and coverage of 1-8 unit buildings across Georgia.
Yes. We finance non-owner-occupied rentals throughout Georgia, and we lend in all 50 states and DC.
It is $1.50 per $500 of the loan amount, capped at $25,000. A $1.2M loan would owe $3,600.
The seller likely had a homestead exemption, which investors do not get.
Only if the property can legally operate as one. Savannah limits whole-home STRs in many residential zones, so confirm the zoning and certificate rules first.
Yes. Our residential DSCR program covers 1-8 units. Max LTV on 5-8 units can be lower and varies by program.
DSCR loans start at $150,000 with no stated maximum, and jumbo DSCR runs about $1.5M to $5M+, with closer review on larger balances.
No. Our investor loans are business-purpose loans on non-owner-occupied property only. If you or your family will live in the home, it does not fit this program.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
By clicking, you provide express written consent to be contacted by LendingStreet (NMLS #1734316) via SMS, phone, or email, possibly using automated technology, regarding your loan inquiry. Reply STOP to opt out. Consent is not required to obtain services. See our Privacy Policy and Terms.