DSCR Loans in Richmond, VA
Find lenders offering dscr loans in the Richmond, including Henrico, Glen Allen, Midlothian, and surrounding areas. Compare rates, terms, and programs from 42 lenders.
DSCR Lenders Serving Richmond
42 lenders offering dscr loans in the Richmond, VA area.
A&D Mortgage
Fort Lauderdale, FL
Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.
Angel Oak Mortgage Solutions
Atlanta, GA
Major non-QM and DSCR lender. Investor cash flow loans up to $1.5M. 40-year terms with interest-only options. No limit on properties.
Civic Financial Services
Redondo Beach, CA
Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.
CoreVest Finance
Irvine, CA
Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.
CrossCountry Mortgage
Cleveland, OH
Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.
Defy Mortgage
FL
DSCR lender with flexible terms. Accepts DSCR as low as 0.75 or no ratio. Up to 85% LTV on SFR purchases. Available in 35+ states.
Easy Street Capital
Austin, TX
Investment property lender specializing in fix-and-flip, bridge, and DSCR rental loans. Loans approved in 24 hours, close in 48 hours. Min credit score 600.
Griffin Funding
CA
Nationwide DSCR lender. No income verification, DSCR as low as 0.75. Up to $5M loan amounts. Also offers VA, conventional, and non-QM loans.
JMAC Lending
CA
DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.
Kiavi
San Francisco, CA
Technology-driven lender (formerly LendingHome). $16B+ in loans funded. DSCR rental loans and bridge loans for fix-and-flip.
Lending One
Boca Raton, FL
National direct lender for real estate investors. Fix-and-flip, bridge, and 30-year DSCR rental loans. $5B+ in originations.
Lima One Capital
Greenville, SC
Private lender for real estate investors. DSCR loans require 1.5+ ratio, min FICO 700. 5, 10, and 30-year options. Up to 75% LTV on purchases.
New Silver Lending
FL
Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.
North American Savings Bank
Kansas City, MO
Offers 11 types of non-QM loans including bank statement, asset depletion, DSCR, and bridge. 100,000+ mortgages closed since 2010, $30B+ loaned.
RCN Capital
South Windsor, CT
Nationwide private lender for fix-and-flip, bridge, and rental loans. Fast closings and flexible terms.
Richmond Commercial Real Estate Market
Richmond's commercial real estate market benefits from its position as Virginia's capital and a regional financial and legal services hub, with a downtown core anchored by the Federal Reserve Bank of Richmond, Dominion Energy's headquarters, and a revitalized riverfront district along the James River. The Scott's Addition neighborhood has transformed from a light-industrial area into one of the Mid-Atlantic's most active mixed-use development zones, attracting breweries, apartments, and creative office tenants. The West Broad Street corridor and Short Pump submarket in Henrico County serve as major suburban retail and office nodes, while the I-95 corridor through Chester and Midlothian supports growing industrial demand. Richmond's relatively low cost of living compared to Northern Virginia and D.C. has drawn corporate relocations and a surge of multifamily investment.
Key Economic Drivers
- ●Dominion Energy, CarMax, and Altria Group corporate headquarters anchoring downtown and suburban office demand
- ●VCU Health System and HCA Virginia hospital network driving medical office development
- ●Scott's Addition and Manchester neighborhood revitalization attracting adaptive reuse projects
- ●I-95 and I-64 interchange logistics positioning supporting distribution center growth
Market Insight
Richmond's Scott's Addition neighborhood has seen over $2 billion in development activity since 2015, converting former tobacco warehouses and industrial buildings into mixed-use projects that have reshaped the city's commercial landscape.
DSCR Loans in Richmond, Virginia
Debt Service Coverage Ratio (DSCR) loans let real estate investors qualify based on the property's rental income rather than personal income or employment. Ideal for investors building a portfolio without traditional income documentation. In the Richmond metro area, borrowers can access 42 lenders offering DSCR financing, including Henrico, Glen Allen, Midlothian, and surrounding areas. Loan amounts typically range from $100K to $5M with rates from 7.0% - 9.5%.
Who Should Consider DSCR Loans?
- Real estate investors
- Portfolio builders
- Self-employed borrowers
- Foreign nationals
Key Requirements
- Minimum credit score: 620-680
- DSCR ratio ≥ 1.0
- Down payment: 20-25%
- Property must be investment (not owner-occupied)
Advantages
- ✓No personal income verification
- ✓Unlimited properties
- ✓Fast closing
- ✓LLC/entity vesting allowed
Considerations
- •Higher rates than conventional
- •Larger down payment
- •Prepayment penalties common
- •Minimum DSCR ratio required (typically 1.0-1.25)
DSCR Loans in Other Virginia Cities
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