Georgia Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Georgia
Georgia: In the Spotlight
Georgia, often known as the Peach State, is home to roughly 10.6 million people. The state of Georgia is the 8th most populous state and is also home to cities like Atlanta, which is the most populated city in the state with more than 416,000 residents in the city. Savannah is another key location in the state, with more than 100k people calling the county region home.
- Saint Marys Georgia, a historic site, is the second oldest city in the nation
- Delta Air Lines is the largest private employer in Georgia, with more than 30,000 employees in the state.
- Food Services and Local Education are the largest industries in the state, employing over 639,553 workers across the state.
- The average household income is $58,756.
- The average age in Georgia is 36 years old.
- Georgia has 4.8 million employees across the state.
- The homeownership rate is just under 64%, which leaves 36% of the residents looking for apartments and rental properties.
How Lenders Underwrite Apartments in Georgia
Georgia property is assessed at 40% of fair market value. Each year the county sends an assessment notice, and owners have 45 days from the mailing date to appeal to the county board of tax assessors. For an apartment purchase, the main underwriting question is what the assessor will do with the new price.
That answer changed recently. Georgia law used to make the price from the most recent arm's-length sale the maximum fair market value for the next tax year. Under HB 581 (2024) and HB 92 (2025), starting with tax year 2025 the prior year's transaction value no longer caps the current year's value, and the "299C" freeze applies only when a value is lowered on appeal. Lenders therefore underwrite taxes on the value an assessor is likely to set after the sale, often the purchase price, rather than counting on a one-year freeze.
On rents, O.C.G.A. section 44-7-19 bars counties and cities from regulating the amount of rent on private residential property, so lenders underwrite rent growth to the market.
The Safe at Home Act (HB 404, 2024), in effect since July 1, 2024, changed rules that feed into collections and condition review:
- Rental units must be fit for human habitation, so open items in a property condition report are a legal exposure as well as a repair cost.
- Security deposits are capped at two months' rent.
- A landlord must give at least three days' written notice before filing an eviction for unpaid rent, which lenders reflect in collection timelines and bad-debt assumptions.
Stabilized Georgia buildings commonly fit Fannie Mae, Freddie Mac, or bank loans, and repositioning plans can start with an apartment bridge loan. Put the post-sale tax bill into the DSCR calculator before you size the loan.
Georgia Apartment Loan and Lending Options
In the state of Georgia, there are several different ways that you can finance your new apartment investment, whether you’re looking for a massive multi-unit tower in Atlanta or a simple eight-unit property in an up-and-coming neighborhood of College Park. We work with opportunities like:
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS Loans
- Apartment construction loans
- And more!
Finance Your Georgia Apartment Building Now
The team at Apartment.loans specializes in commercial financing for all kinds of real estate and apartments in Georgia and throughout the United States. We have solutions for commercial real estate, traditional apartment financing, value-add opportunities, and more. We can even help you with ground-up developments or just get you financed for a stabilized property so you can be on your way.
Our team of experts knows what it takes to get the loan funds that you need. Whether you’ve got a special investment in mind, or you have basic funding needs, let us know how we can help. We'll give you all of the tools and resources you need to take your Georgia apartment loans to the next level. To learn more and start your investment journey, contact our Georgia Apartment Lending Specialists at desk@janover.co or (561) 556-9997.
Our apartment loan brokerage and lending strengths are available in markets throughout the state, with a particularly strong presence in Atlanta, Augusta, Columbus, and Savannah.
Apartment loans from $750,000 and up.