Recently Funded DSCR Loan In Oak Ridge, Tennessee
Loan Scenario:
An experienced investor with an established rental portfolio worked with American Heritage Lending to complete a cash-out refinance on a single-family rental in Oak Ridge, Tennessee, using a 30-year DSCR loan. The $228,750 loan against a $305,000 appraised value came in at 75% loan-to-value, converting trapped equity into deployable capital for the borrower’s next opportunity.
The property had briefly been listed for sale before the owner opted to hold it as a long-term rental, and with the listing removed and a debt-service-coverage ratio of 1.185, the rental income cleanly supported the new financing. Because our DSCR program looks to the property’s cash flow rather than personal income documentation, we were able to honor the borrower’s pivot to a buy-and-hold strategy without friction.
Oak Ridge offers a distinctive and stable rental base anchored by the Oak Ridge National Laboratory and the region’s science and energy workforce, which draws a steady stream of well-qualified tenants. Affordable entry prices paired with reliable demand make this East Tennessee market a quietly dependable place to hold single-family rentals.
Thinking about refinancing a Tennessee rental to free up cash? American Heritage Lending can help you structure the right financing — get started today.
Similar Recently Funded Case Studies: DSCR Loan in Chattanooga, TN • DSCR Loan in Memphis, TN • DSCR Loan in Knoxville, TN
Key Deal Points
| Address | Oak Ridge, TN |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $305,000 |
| Loan Amount | $228,750 |
| Loan To Value (LTV) | 75% |
| DSCR | 1.185 |
| Loan Term | 30-Year |
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