Conventional Investment Property Loans in Georgia
Standard Fannie Mae / Freddie Mac investment-property mortgages. Cheapest cost of capital but capped at 10 financed properties and gated by personal income.
What Conventional loans are
Conforming residential mortgage for non-owner-occupied 1-4 unit properties, sold to Fannie Mae or Freddie Mac. Standard 30-year amortization. The lowest-cost real-estate financing available to most investors.
Underwriting and qualifying
Lender requires: 680+ FICO, 20-25% down, DTI typically under 45% including the new mortgage, 2 years of W-2 + tax returns, 6 months of reserves per property. Closing in 30-45 days.
Georgia-specific considerations
Georgia: state income tax up to 5.49%. State income tax affects after-tax returns on rental cash flow — model this into your conventional underwriting before comparing to no-tax states.
What financing looks like at Georgia price points
Savannah's $326k typical home value at 25% down requires $82k cash + ~$5k closing for a conventional investment-property loan. At 7% interest, monthly P&I runs about $2k — model this against $1,753/mo median rent to project cash flow.
Georgia lender ecosystem
Georgia's landlord-friendly law + 5.49% state income tax produces middle-of-pack conventional rental economics. Atlanta's appreciation pattern lifts equity build vs cash flow.
Best fit
New investors building their first 1-10 rental properties with verifiable W-2 income and clean credit.
When to use something else
Anyone past 10 financed properties. Self-employed borrowers with low taxable income. Time-sensitive acquisitions (30-45 day close).
Top Georgia metros for Conventional-financed investing.
Common questions.
What's a typical Conventional rate in Georgia?
6-7.5% is the broad national range. Georgia-specific pricing reflects the local lender ecosystem and non-judicial, ~30-45 days from notice to sale — faster non-judicial foreclosure reduces lender loss-given-default and tends to support pricing on the lower end of the national range. Always collect 5+ term sheets before committing.
Which Georgia metros are best for Conventional-financed investing?
Based on our investor score across Georgia markets we cover: Savannah, Atlanta, Columbus top the list. Top pick Savannah runs $326k median with 6.45% gross rent yield — strong yield supports DSCR + rental holds.
How does Georgia's wholesale-assignment law affect Conventional deals?
Wholesale assignment is permitted in Georgia. This indirectly affects conventional availability because wholesaler-sourced deals — common acquisition channels for hard-money and DSCR borrowers — flow through the local assignment-law framework. Investors closing wholesale-sourced properties should verify their title company handles assignment closings in compliance with Georgia's rules.
Financing options in Georgia.
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