DSCR Loans in Davidson County, Tennessee
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 281 lenders made 2,013 investment-property loans in Davidson County, 12.7% of Tennessee's total. Dominick Prevete arranges DSCR loans across Davidson County, Tennessee, 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 $360,000.
Davidson County investor market at a glance
| Statistic | Davidson County | Tennessee | County rank |
|---|---|---|---|
| Investor loans | 2,013 | 15,845 | 2nd of 24 |
| Reporting lenders | 281 | 634 | 1st of 24 |
| Loan volume | $932.5M | $4.51B | 1st of 24 |
| Average loan | $463K | $285K | 3rd of 24 |
| Median loan | $315K | $205K | 3rd of 24 |
| Purchases | 51.1% | 57.0% | 20th of 24 |
| Cash-out refinances | 18.8% | 15.4% | 3rd of 24 |
| 2–4 unit properties | 11.9% | 12.2% | 9th of 24 |
| Top five lenders' share | 17.7% | 14.7% | 24th of 24 |
| Reported business-purpose | 74.4% | 66.4% | 3rd of 24 |
Davidson County: closed-end loans on 1–4 unit investment properties. Davidson County's rank is highest first, among Tennessee's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Davidson County's investor loans.
What stands out in Davidson County
The five most active lenders wrote 17.7% of Davidson County's investor loans, the lowest share of Tennessee's 24 counties with published data (statewide: 14.7%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
The average investor loan in Davidson County was $463K, the 3rd-highest average of Tennessee's 24 counties with published data (statewide: $285K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
18.8% of Davidson County's investor loans were cash-out refinances, the 3rd-highest share of Tennessee's 24 counties with published data (statewide: 15.4%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
Does a DSCR loan pencil in Davidson County?
At HUD's fair market rent of $2,309 for a 3-bedroom in Davidson County, Tennessee, a rental covers its full DSCR payment up to a purchase price of about $360,000, with 20% down at the 7.25% starting rate (November 2026). Davidson County's median home value is $417,400; at that price the payment is $2,661 a month, so the property would need $2,675 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,798 / $2,309 / $2,799 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $417,400 |
| Median property taxes and effective rate | $2,506 (0.60% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,661 |
| Rent needed to cover that payment | $2,675 |
| Coverage of a 3-bedroom at fair market rent | 0.87 |
| Highest price a 3-bedroom at fair market rent covers | about $360,000 |
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 Davidson County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Davidson County?
The most active investment-property lenders in Davidson County in 2025 HMDA data were WILSON BANK AND TRUST; CMG MORTGAGE, INC.; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 281 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 Davidson County, and matches each file to the one most likely to fund it.
Davidson County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,013 loans and $932.5M from 281 lenders. WILSON BANK AND TRUST led Davidson County with 101 loans, 5.0% of the county's total, and the average Davidson County loan of $463K compares with $285K across Tennessee.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| WILSON BANK AND TRUST | 101 | $59.4M | $588K | 56.4% |
| CMG MORTGAGE, INC. | 78 | $26.8M | $343K | 70.5% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 68 | $21.4M | $315K | 47.1% |
| ABL RPC Residential Credit Acquisition LLC | 61 | $74.0M | $1213K | 0.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 48 | $22.1M | $460K | 66.7% |
| CHAMPIONS FUNDING, LLC | 47 | $19.1M | $407K | 27.7% |
| FirstBank | 44 | $19.1M | $435K | 50.0% |
| Rocket Mortgage, LLC | 41 | $9.6M | $234K | 24.4% |
| MOVEMENT MORTGAGE, LLC | 40 | $17.7M | $442K | 72.5% |
| CV3 FINANCIAL SERVICES, LLC | 37 | $19.4M | $524K | 29.7% |
| HOMEXPRESS MORTGAGE CORP. | 37 | $11.5M | $310K | 32.4% |
| Kiavi Funding, Inc. | 36 | $15.8M | $438K | 80.6% |
| Pinnacle Bank | 36 | $12.9M | $359K | 63.9% |
| BPL MORTGAGE TRUST, LLC | 35 | $24.0M | $685K | 5.7% |
| Volunteer State Bank | 33 | $27.2M | $823K | 48.5% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 31 | $40.7M | $1314K | 74.2% |
| Legacy Home Loans, LLC | 30 | $9.3M | $309K | 70.0% |
| ASCEND FEDERAL CREDIT UNION | 29 | $15.3M | $527K | 48.3% |
| GUARANTEED RATE, INC. | 29 | $10.5M | $362K | 62.1% |
| Southern Bank of Tennessee | 29 | $9.5M | $326K | 41.4% |
| THE LOAN STORE, INC. | 29 | $9.4M | $324K | 62.1% |
| Old National Bank | 28 | $13.7M | $490K | 71.4% |
| The Farmers Bank | 27 | $16.3M | $603K | 48.1% |
| Easy Street Capital, LLC | 27 | $9.6M | $355K | 0.0% |
| U.S. Bank National Association | 26 | $8.0M | $308K | 76.9% |
451 Tennessee loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Davidson County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Davidson County CSV, all 25 lenders
What Davidson County's table can't show you: fit. Short-term financing is exempt from HMDA, so Davidson County's fix-and-flip and bridge lenders barely appear among its 281 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 Davidson County, Tennessee deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Davidson County, Tennessee 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 — Davidson County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 281 lenders and 2,013 loans: 2025 HMDA loan-level data rolled up to Davidson County.
- Davidson County investor-lender dataset (CSV) — All 25 lenders in the Davidson County, Tennessee table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Davidson 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 Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Davidson 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.