Georgia investors closed 5,795 DSCR loans worth $1.4B last year at a median 7.25% rate - and metro Atlanta's five core counties took 43% of them

CrowdfundedWealth's analysis of federal HMDA loan-level data, updated Oct. 28, counts 5,795 DSCR-type investment loans in Georgia for 2025 totaling $1.41 billion - up 50.9% in count year over year - at a median note rate of 7.25% (middle half 6.875% to 7.75%), down from 7.625% in 2024, with the DSCR premium over conventional investor loans nearly halving to 0.26 points. Fulton, Gwinnett, DeKalb, Cobb and Clayton accounted for 2,498 loans, or 43.1% of the state total, up from 40.2%; United Wholesale Mortgage led with 593 loans and Kiavi Funding made 378, with Kiavi's DSCR loans made through Figure Lending since Sept. 1, 2026, and Georgia law (O.C.G.A. 7-4-2) bars prepayment penalties unless the contract stipulates them. For a fix-and-flipper: cheaper, more available rental-exit financing concentrated in the core metro counties tightens the safety net under every deal - when a flip stalls, the hold-as-rental fallback now pencils at a smaller rate premium.