DSCR Loans in Chesapeake city, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 80 lenders made 318 investment-property loans in Chesapeake city, 2.5% of Virginia's total. Dominick Prevete arranges DSCR loans across Chesapeake city, Virginia, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $350,000.
Chesapeake city investor market at a glance
| Statistic | Chesapeake city | Virginia | County rank |
|---|---|---|---|
| Investor loans | 318 | 12,943 | 10th of 27 |
| Reporting lenders | 80 | 503 | 16th of 27 |
| Loan volume | $75.1M | $3.74B | 11th of 27 |
| Average loan | $236K | $289K | 17th of 27 |
| Median loan | $225K | $225K | 15th of 27 |
| Purchases | 62.9% | 62.0% | 15th of 27 |
| Cash-out refinances | 23.0% | 17.7% | 8th of 27 |
| 2–4 unit properties | 6.6% | 7.7% | 12th of 27 |
| Top five lenders' share | 42.1% | 18.5% | 3rd of 27 |
| Reported business-purpose | 75.2% | 68.5% | 7th of 27 |
Chesapeake city: closed-end loans on 1–4 unit investment properties. Chesapeake city's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Chesapeake city's investor loans.
What stands out in Chesapeake city
The five most active lenders wrote 42.1% of Chesapeake city's investor loans, the 3rd-highest share of Virginia's 27 counties with published data (statewide: 18.5%).
Five lenders write 42.1% of the loans here, so comparing written term sheets matters more.
Chesapeake city's 318 investor loans ranked 10th of Virginia's 27 counties with published data.
Does a DSCR loan pencil in Chesapeake city?
At HUD's fair market rent of $2,298 for a 3-bedroom in Chesapeake city, Virginia, a rental covers its full DSCR payment up to a purchase price of about $350,000, with 20% down at the 7.25% starting rate (November 2026). Chesapeake city's median home value is $378,400; at that price the payment is $2,482 a month, so the property would need $2,500 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,667 / $2,298 / $2,710 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $378,400 |
| Median property taxes and effective rate | $3,108 (0.82% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,482 |
| Rent needed to cover that payment | $2,500 |
| Coverage of a 3-bedroom at fair market rent | 0.93 |
| Highest price a 3-bedroom at fair market rent covers | about $350,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Chesapeake city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Chesapeake city?
The most active investment-property lenders in Chesapeake city in 2025 HMDA data were Kiavi Funding, Inc.; Towne Bank; and Rocket Mortgage, LLC, out of 80 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including two that reported in Chesapeake city, and matches each file to the one most likely to fund it.
Chesapeake city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 318 loans and $75.1M from 80 lenders. Kiavi Funding, Inc. led Chesapeake city with 61 loans, 19.2% of the county's total, and the average Chesapeake city loan of $236K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 61 | $15.2M | $249K | 90.2% |
| Towne Bank | 28 | $7.2M | $257K | 92.9% |
| Rocket Mortgage, LLC | 20 | $3.8M | $189K | 35.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 13 | $3.3M | $255K | 30.8% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 12 | $3.4M | $283K | 50.0% |
| Atlantic Coast Mortgage, LLC | 10 | $2.2M | $222K | 90.0% |
| LENDINGONE, LLC | 10 | $2.2M | $218K | 40.0% |
| CALCON MUTUAL MORTGAGE LLC | 9 | $2.3M | $255K | 55.6% |
| NEWREZ LLC | 9 | $2.2M | $244K | 66.7% |
| LIMA ONE CAPITAL, LLC | 9 | $1.6M | $183K | 33.3% |
| Atlantic Union Bank | 7 | $2.6M | $369K | 71.4% |
| CAPITAL CENTER, L.L.C. | 6 | $1.4M | $232K | 33.3% |
| MOVEMENT MORTGAGE, LLC | 5 | $1.3M | $269K | 60.0% |
| AMERICAN FINANCIAL NETWORK, INC. | 5 | $1.2M | $243K | 80.0% |
| OCMBC, INC. | 5 | $1.1M | $215K | 80.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 5 | $1.0M | $193K | 20.0% |
| HOMEXPRESS MORTGAGE CORP. | 4 | $0.9M | $228K | 25.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 4 | $0.8M | $203K | 25.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 4 | $0.6M | $153K | 50.0% |
| DOMINION FINANCIAL SERVICES, LLC | 3 | $0.9M | $305K | 100.0% |
| Advance Financial Group, LLC | 3 | $0.8M | $258K | 100.0% |
| KIND LENDING, LLC | 3 | $0.8M | $252K | 33.3% |
| Loandepot.Com, LLC | 3 | $0.7M | $242K | 33.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 3 | $0.7M | $235K | 100.0% |
| CHARTWAY FEDERAL CREDIT UNION | 3 | $0.6M | $208K | 33.3% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Chesapeake city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Chesapeake city CSV, all 25 lenders
What Chesapeake city's table can't show you: fit. Short-term financing is exempt from HMDA, so Chesapeake city's fix-and-flip and bridge lenders barely appear among its 80 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Chesapeake city, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Chesapeake city, Virginia property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Chesapeake city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 80 lenders and 318 loans: 2025 HMDA loan-level data rolled up to Chesapeake city.
- Chesapeake city investor-lender dataset (CSV) — All 25 lenders in the Chesapeake city, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Chesapeake city's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Chesapeake city's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.