Dominion Financial Services for Tennessee investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Tennessee context
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market.
How Dominion Financial Services positions in Tennessee
Within Tennessee, Dominion Financial Services competes alongside other DSCR lenders. Dominion Financial Services strengths: experienced underwriting, distressed property comfort. The medium aggregate DSCR economics of Tennessee create demand for Dominion Financial Services programs in Nashville and Memphis particularly.
City-level coverage in Tennessee
Dominion Financial Services provides DSCR coverage across Tennessee metros including Nashville, Memphis, and Knoxville. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across Tennessee metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| Tennessee property tax | 0.7% |
| Tennessee state income tax | None |
Dominion Financial Services strengths in Tennessee
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Tennessee. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Nashville is the top investor market in Tennessee and falls within Dominion Financial Services national coverage. Nashville property tax follows the Tennessee state rate of 0.7 percent. Dominion Financial Services typically underwrites Nashville acquisitions at standard rate sheets.
Yes. Memphis ranks among the larger Tennessee investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within Memphis matters for property selection.
Dominion Financial Services applies the same rate sheet across Tennessee metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Nashville, Memphis, and Knoxville all qualify for the same Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Tennessee.
Tennessee allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
Dominion Financial Services in Tennessee works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.