Park Place Finance for Tennessee investors
Park Place Finance is a direct DSCR lender licensed in most states with a 640 minimum credit score. The company does not publish minimum DSCR, loan size, LTV, or rate figures in the sources reviewed.
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 Park Place Finance positions in Tennessee
Within Tennessee, Park Place Finance competes alongside other DSCR lenders. Park Place Finance strengths: Direct DSCR lender, 640 minimum credit score. The medium aggregate DSCR economics of Tennessee create demand for Park Place Finance programs in Nashville and Memphis particularly.
City-level coverage in Tennessee
Park Place Finance provides DSCR coverage across Tennessee metros including Nashville, Memphis, and Knoxville. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Park Place Finance program terms apply uniformly across Tennessee metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | Not publicly published |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Tennessee property tax | 0.7% |
| Tennessee state income tax | None |
Park Place Finance strengths in Tennessee
- Direct DSCR lender
- 640 minimum credit score
- Licensed in most states
Ideal borrower: Investor with a 640+ credit score seeking a direct DSCR lender with broad state coverage.
FAQ
Likely; verify direct Tennessee coverage. Park Place Finance is based in an undisclosed location and operates in most states.
Nashville is the top investor market in Tennessee and is generally within Park Place Finance most states footprint. Nashville property tax follows the Tennessee state rate of 0.7 percent. Park Place Finance typically underwrites Nashville acquisitions at standard rate sheets.
Yes. Memphis ranks among the larger Tennessee investor metros and sees consistent DSCR loan volume from Park Place Finance. Submarket variation within Memphis matters for property selection.
Park Place Finance 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 Park Place Finance program.
Park Place Finance does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Tennessee no state income tax. Memphis among deepest cash flow markets. Nashville STR contested. Smoky Mountains STR (Pigeon Forge, Gatlinburg) major market. Park Place Finance follows standard business-purpose loan structures.
Park Place Finance funds rental DSCR in Tennessee.
Tennessee allows standard DSCR prepay structures; Park Place Finance typically uses 3-5 year step down.
Park Place Finance typical close: Not publicly published.
Bottom line
For Tennessee DSCR borrowers, Park Place Finance is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Park Place Finance.