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DSCR Rental Loans · Tennessee

DSCR loans for Tennessee rental properties.

Long-term rental financing for investment properties across Tennessee — qualified off the property's income, not your personal DTI. 30-year fixed from 5.75%, up to 80% LTV, and only 3 months of seasoning on cash-out refinances. SLA Capital has closed deals across every major Tennessee metro.

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SLA Capital — a Sir Lends A Lot LLC Company

What is a DSCR loan?

A DSCR loan — short for Debt Service Coverage Ratio — is an investor mortgage that qualifies off the property's rental income rather than the borrower's personal income or debt-to-income ratio. If the property's rent covers the total housing payment (principal, interest, taxes, insurance, and HOA), the loan qualifies. Self-employed investors, LLC-title borrowers, and anyone with complex tax returns can build a rental portfolio without W-2 gymnastics.

Tennessee market

Why Tennessee works for investor lending.

TN is a top-tier investor state. No state income tax. Nashville has been on a decade-long growth run; Memphis offers some of the highest cash-flow SFR yields in the country. Landlord-friendly statutes support projectable holds.

No state income tax

Tennessee has no state income tax on rental income or capital gains — a meaningful yield boost that compounds over the hold period.

Nashville growth + Memphis yield

Nashville has been on a decade-long run of population, employment, and rent growth. Memphis offers some of the highest cash-on-cash SFR yields in the country. Both work — pick the strategy.

Landlord-friendly

Tennessee statutes are considered landlord-friendly with predictable eviction and non-judicial foreclosure processes. Holding costs stay projectable for cash-flow modeling.

Metros served

SLA Capital lends across every Tennessee metro.

Whether you're closing a single-asset SFR in a smaller Tennessee market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Nashville Metro

Franklin, Brentwood, Murfreesboro, Hendersonville, Mount Juliet, Spring Hill

Memphis

Shelby County — high-yield SFR corridor; DeSoto MS adjacent

Knoxville

Knox County — Farragut, Maryville, Oak Ridge

Chattanooga

Hamilton County — plus Signal Mountain, East Ridge

Clarksville

Fort Campbell demand + Nashville-adjacent growth

Franklin

Williamson County — premium Nashville-metro rentals

Johnson City / Tri-Cities

Northeast TN — Kingsport, Bristol

Everywhere else

Statewide coverage — send us any Tennessee property

Tennessee DSCR loan terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 5.75%

Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.

Leverage

Up to 80% LTV

Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.

Structures

Multiple options

30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.

Size

$55K to $3M

Single-asset from $55K to $3M. Portfolio structures for 2–10 Tennessee properties on one note.

Fees

1 point origination

Up-front pricing. One origination point, standard closing costs, no junk fees.

Qualification

1.0 DSCR minimum

Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.

Tennessee DSCR FAQ

Common questions about DSCR loans in Tennessee.

Does SLA Capital lend on rental properties in Tennessee?

Yes. SLA Capital funds DSCR rental loans throughout Tennessee — Nashville Metro, Memphis, Knoxville, Chattanooga, Clarksville, and every other TN metro. Rates from 5.75%, up to 80% LTV.

What DSCR loan rates are available in Tennessee?

Tennessee DSCR loans start at 5.75% on a 30-year fixed structure. Priced off the 5-year Treasury with transparent up-front pricing — the rate you're quoted is the rate you close at.

What Tennessee metros does SLA Capital serve?

Every Tennessee metro. High-volume markets: Nashville Metro, Memphis, Knoxville, Chattanooga, Clarksville. Secondary markets welcome.

Is Tennessee a good state for rental property investors?

TN is a top-tier investor state. No state income tax. Nashville has been on a decade-long growth run; Memphis offers some of the highest cash-flow SFR yields in the country. Landlord-friendly statutes support projectable holds.

How long is seasoning on a Tennessee DSCR cash-out refinance?

3 months. Only 3 months of ownership seasoning is required for cash-out refinances on Tennessee DSCR loans, and no active lease is required at closing.

Get started

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Send us the property. Our sizer returns a real term sheet in minutes.

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