DSCR Loans in Effingham County, Georgia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 42 lenders made 101 investment-property loans in Effingham County, 0.5% of Georgia's total. Dominick Prevete arranges DSCR loans across Effingham County, Georgia, 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 $325,000.
Effingham County investor market at a glance
| Statistic | Effingham County | Georgia | County rank |
|---|---|---|---|
| Investor loans | 101 | 21,364 | 43rd of 43 |
| Reporting lenders | 42 | 586 | 41st of 43 |
| Loan volume | $29.6M | $5.33B | 35th of 43 |
| Average loan | $293K | $249K | 11th of 43 |
| Median loan | $195K | $205K | 24th of 43 |
| Purchases | 69.3% | 57.3% | 10th of 43 |
| Cash-out refinances | 8.9% | 17.5% | 38th of 43 |
| 2–4 unit properties | 5.0% | 10.0% | 33rd of 43 |
| Top five lenders' share | 46.5% | 18.5% | 9th of 43 |
| Reported business-purpose | 37.6% | 65.7% | 42nd of 43 |
Effingham County: closed-end loans on 1–4 unit investment properties. Effingham County's rank is highest first, among Georgia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Effingham County's investor loans.
What stands out in Effingham County
37.6% of Effingham County's investor loans were reported as business-purpose, the 2nd-lowest share of Georgia's 43 counties with published data (statewide: 65.7%).
Fewer investor loans here were reported as business-purpose than in most of Georgia. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
8.9% of Effingham County's investor loans were cash-out refinances, the 6th-lowest share of Georgia's 43 counties with published data (statewide: 17.5%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
The five most active lenders wrote 46.5% of Effingham County's investor loans, the 9th-highest share of Georgia's 43 counties with published data (statewide: 18.5%).
Five lenders write 46.5% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Effingham County?
At HUD's fair market rent of $2,185 for a 3-bedroom in Effingham County, Georgia, a rental covers its full DSCR payment up to a purchase price of about $325,000, with 20% down at the 7.25% starting rate (November 2026). Effingham County's median home value is $276,000; at that price the payment is $1,829 a month, so the property would need $1,850 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,679 / $2,185 / $2,484 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $276,000 |
| Median property taxes and effective rate | $2,495 (0.90% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,829 |
| Rent needed to cover that payment | $1,850 |
| Coverage of a 3-bedroom at fair market rent | 1.19 |
| Highest price a 3-bedroom at fair market rent covers | about $325,000 |
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 Effingham County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Effingham County?
The most active investment-property lenders in Effingham County in 2025 HMDA data were Bank of Newington; Rocket Mortgage, LLC; and K. HOVNANIAN AMERICAN MORTGAGE, L.L.C., out of 42 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 and matches each file to the one most likely to fund it.
Effingham County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 101 loans and $29.6M from 42 lenders. Bank of Newington led Effingham County with 23 loans, 22.8% of the county's total, and the average Effingham County loan of $293K compares with $249K across Georgia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Bank of Newington | 23 | $5.4M | $236K | 47.8% |
| Rocket Mortgage, LLC | 8 | $1.7M | $211K | 50.0% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | 6 | $1.8M | $295K | 100.0% |
| Broker Solutions, Inc. | 5 | $1.1M | $227K | 100.0% |
| South Georgia Bank | 5 | $0.7M | $133K | 100.0% |
| Queensborough National Bank & Trust Company | 4 | $0.8M | $203K | 75.0% |
| Renasant Bank | 4 | $0.4M | $110K | 25.0% |
| Synovus Bank | 2 | $0.6M | $295K | 100.0% |
| Bank of America, National Association | 2 | $0.5M | $250K | 100.0% |
| General Mortgage Capital Corporation | 2 | $0.5M | $225K | 50.0% |
| PENNYMAC LOAN SERVICES, LLC | 2 | $0.4M | $220K | 100.0% |
| Fairway Independent Mortgage Corporation | 2 | $0.4M | $205K | 100.0% |
| GENWAY HOME MORTGAGE, INC. | 2 | $0.4M | $200K | 100.0% |
| PrimeSouth Bank | 2 | $0.4M | $195K | 100.0% |
| EMM LOANS LLC | 2 | $0.4M | $195K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 2 | $0.4M | $195K | 0.0% |
| Glennville Bank | 2 | $0.3M | $130K | 100.0% |
| Thomasville National Bank | 2 | $0.2M | $90K | 100.0% |
| COREVEST AMERICAN FINANCE LENDER LLC | 1 | $8.2M | $8195K | 0.0% |
| Citadel Servicing Corporation | 1 | $0.4M | $375K | 100.0% |
| NEW WAVE LENDING GROUP INC | 1 | $0.3M | $345K | 100.0% |
| CV3 FINANCIAL SERVICES, LLC | 1 | $0.3M | $335K | 100.0% |
| DHI MORTGAGE COMPANY, LTD. | 1 | $0.3M | $305K | 100.0% |
| ARC HOME LLC | 1 | $0.3M | $295K | 100.0% |
| Fifth Third Bank, National Association | 1 | $0.3M | $295K | 100.0% |
617 Georgia loans (2.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Effingham County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Effingham County CSV, all 25 lenders
What Effingham County's table can't show you: fit. Short-term financing is exempt from HMDA, so Effingham County's fix-and-flip and bridge lenders barely appear among its 42 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 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 Effingham County, Georgia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Effingham County, Georgia 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 — Effingham County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 42 lenders and 101 loans: 2025 HMDA loan-level data rolled up to Effingham County.
- Effingham County investor-lender dataset (CSV) — All 25 lenders in the Effingham County, Georgia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Effingham 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 Savannah, GA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Effingham 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.