DSCR Loans in Virginia
Buy a Hampton or Newport News three-bedroom near $285K with 25% down, rent it to a Navy or Air Force family, and the numbers can clear 1.0, which is more than Northern Virginia can say. Virginia's 0.78% effective tax helps. Flood zones near the water are the catch, so check the map before the rent.
Virginia DSCR Loan Market
Virginia is two rental markets joined by I-95. Northern Virginia, from Arlington and Alexandria out to Loudoun and Prince William, has deep demand from federal agencies and contractors, and prices that make a 20% down rental tight. Hampton Roads, from Norfolk and Virginia Beach to Hampton and Newport News, has the largest concentration of military installations in the country and prices that still let rents do the work.
Statewide, the typical home runs about $415K with rent near $2,050, the effective property tax rate is about 0.78%, and insurance averages about $189 a month. Localities set their own rates, and Northern Virginia generally runs higher than Richmond or Hampton Roads.
The sample deal below is a Hampton single-family, where Naval Station Norfolk, Joint Base Langley-Eustis, and the shipyards keep tenant demand steady. Richmond and Roanoke are the inland alternatives. Virginia's landlord-tenant law is balanced, and Arlington and Alexandria both regulate short-term rentals.
Top Investor Cities
- Virginia Beach
- Richmond
- Arlington
Monthly tax on $415,000 property: $270/mo
8 DSCR Loan Programs for Virginia Investors
Standard DSCR
The most popular option. 20% down, 660+ credit.
No-Ratio DSCR
No minimum DSCR required. 30% down.
Interest-Only DSCR
Lower monthly payments for better cash flow.
STR DSCR
Use projected Airbnb/VRBO income to qualify.
Foreign National DSCR
No SSN or US credit history required.
Bank Statement DSCR
Hybrid qualification for self-employed investors.
Portfolio DSCR
Finance multiple properties under one loan.
Bridge-to-DSCR
Purchase, rehab, then refinance into DSCR.
DSCR Loan Requirements in Virginia
Licensing & Regulatory
Loans in Virginia are originated by a licensed DSCR broker matched to your state. The matched broker holds the required state license; DSCRBroker.com is not the originator.
All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.
Common Property Types
- Single-Family Rentals
- Condos/Townhomes
- Small Multifamily (2-4 Units)
- Short-Term Rentals
Down Payment & LTV
- Standard DSCR: 20% minimum down (80% LTV)
- No-Ratio DSCR: 30% minimum down (70% LTV)
- 30%+ down unlocks No-Ratio DSCR programs and broader lender access
Appraisal & Rent Schedule
- Form 1007 rent schedule required with appraisal
- Appraisal estimates market rent for DSCR calculation
- STR properties: AirDNA projected income accepted
Sample DSCR Deal in Hampton, Virginia
3-bed / 2-bath SFR
Purchase in Hampton, Virginia
Monthly Breakdown
This borrower closed in 24 days with no income verification, no tax returns, and no employment check.
Results may vary. This is a representative example, not a guarantee of future performance.
This deal example is for illustrative purposes only and is based on representative scenarios across our broker network. Actual loan terms, approval, and closing depend on your full credit profile, property details, appraisal, and the matched lender's specific guidelines. This is not a loan offer or commitment to lend.
DSCR Loan Questions for Virginia Investors
Only within tight local rules. Arlington generally limits short-term rentals to the host's primary residence and requires a permit, and Alexandria requires registration and has its own rules. Other Northern Virginia counties set their own terms. Virginia Beach, the state's biggest vacation-rental market, limits new short-term rentals to specific overlay districts. Check the rule for the exact address before you ask a lender to count nightly income, and assume long-term rent everywhere else.
Widely. Virginia's cities and counties each set their own real estate tax rate, and independent cities like Norfolk, Hampton, and Alexandria tax separately from the surrounding counties. The statewide effective rate is about 0.78%, per the Tax Foundation's 2026 figures, with Northern Virginia generally higher. Localities reassess often, some every year, so a recent sale can move the value quickly. Your matched specialist should use the locality's current rate and assessment for the parcel.
It is one of the best in the country. Naval Station Norfolk, Naval Air Station Oceana, Joint Base Langley-Eustis, and the shipyards keep demand deep, and many service members rent rather than buy for a tour. Prices sit well below Northern Virginia. The cautions are flood zones in low-lying Norfolk and Hampton neighborhoods, which affect insurance, and turnover that bunches up in summer. Qualify on market rent from the appraisal, not housing allowance tables, and check the flood map first.
Balanced is the better word. Virginia's Residential Landlord and Tenant Act sets clear rules on notices, deposits, and repairs, and recent changes have added tenant protections without adding rent control, which the state still does not allow. Evictions move at a moderate pace. For a DSCR buyer that means predictable rules and no rent cap to model. Use a Virginia-specific lease and a local property manager, since small notice mistakes can restart the eviction clock.
DSCR Loans by City in Virginia
City-level market data, submarkets investors target, worked deal examples, and local rules for Virginia's top rental markets.
Richmond
0.82xVirginia Beach
0.83xNorfolk
0.95xChesapeake
0.77xNewport News
0.86xHampton
1.02xPortsmouth
1.00xSuffolk
0.89xRoanoke
0.83xLynchburg
0.89xFredericksburg
0.75xAlexandria
0.57xExplore DSCR Loans in Nearby States
Narrowed your Virginia search to one city?
Use the city guides above for the local numbers, then let your matched specialist check the deal against lenders in the network before you write the offer. 2 minutes. No SSN. No credit pull.
Match Me With a SpecialistLoans in Virginia are originated by a licensed DSCR broker matched to your state. The matched broker holds the required state license; DSCRBroker.com is not the originator. The matched broker is not affiliated with DSCRBroker.com except as a participating broker in our matching network. All lending decisions and terms are determined solely by the matched broker and their wholesale lending partners.