DSCR Loans in Frederick County, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 81 lenders made 249 investment-property loans in Frederick County, 1.9% of Virginia's total. Dominick Prevete arranges DSCR loans across Frederick County, 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 $300,000.
Frederick County investor market at a glance
| Statistic | Frederick County | Virginia | County rank |
|---|---|---|---|
| Investor loans | 249 | 12,943 | 15th of 27 |
| Reporting lenders | 81 | 503 | 15th of 27 |
| Loan volume | $69.0M | $3.74B | 12th of 27 |
| Average loan | $277K | $289K | 13th of 27 |
| Median loan | $285K | $225K | 9th of 27 |
| Purchases | 79.9% | 62.0% | 1st of 27 |
| Cash-out refinances | 8.8% | 17.7% | 26th of 27 |
| 2–4 unit properties | 2.0% | 7.7% | 20th of 27 |
| Top five lenders' share | 46.2% | 18.5% | 2nd of 27 |
| Reported business-purpose | 70.3% | 68.5% | 12th of 27 |
Frederick County: closed-end loans on 1–4 unit investment properties. Frederick County's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Frederick County's investor loans.
What stands out in Frederick County
79.9% of Frederick County's investor loans were purchases, the highest share of Virginia's 27 counties with published data (statewide: 62.0%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
8.8% of Frederick County's investor loans were cash-out refinances, the 2nd-lowest share of Virginia's 27 counties with published data (statewide: 17.7%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
The five most active lenders wrote 46.2% of Frederick County's investor loans, the 2nd-highest share of Virginia's 27 counties with published data (statewide: 18.5%).
Five lenders write 46.2% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Frederick County?
At HUD's fair market rent of $1,895 for a 3-bedroom in Frederick County, Virginia, a rental covers its full DSCR payment up to a purchase price of about $300,000, with 20% down at the 7.25% starting rate (November 2026). Frederick County's median home value is $386,000; at that price the payment is $2,421 a month, so the property would need $2,425 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) | $1,505 / $1,895 / $2,516 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $386,000 |
| Median property taxes and effective rate | $1,846 (0.48% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,421 |
| Rent needed to cover that payment | $2,425 |
| Coverage of a 3-bedroom at fair market rent | 0.78 |
| Highest price a 3-bedroom at fair market rent covers | about $300,000 |
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 Frederick County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Frederick County?
The most active investment-property lenders in Frederick County in 2025 HMDA data were DHI MORTGAGE COMPANY, LTD.; INTERCOASTAL MORTGAGE, LLC; and Rocket Mortgage, LLC, out of 81 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 Frederick County, and matches each file to the one most likely to fund it.
Frederick County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 249 loans and $69.0M from 81 lenders. DHI MORTGAGE COMPANY, LTD. led Frederick County with 74 loans, 29.7% of the county's total, and the average Frederick County loan of $277K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| DHI MORTGAGE COMPANY, LTD. | 74 | $23.0M | $311K | 100.0% |
| INTERCOASTAL MORTGAGE, LLC | 17 | $5.0M | $295K | 100.0% |
| Rocket Mortgage, LLC | 9 | $2.2M | $248K | 66.7% |
| Bank of Clarke | 8 | $2.0M | $255K | 87.5% |
| United Nations Federal Credit Union | 7 | $2.5M | $354K | 42.9% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 6 | $1.6M | $270K | 66.7% |
| Integrity Home Mortgage Corporation | 6 | $1.3M | $208K | 83.3% |
| LENDINGONE, LLC | 5 | $1.3M | $265K | 20.0% |
| Kiavi Funding, Inc. | 5 | $1.2M | $239K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 5 | $1.2M | $237K | 80.0% |
| RMC HOME MORTGAGE, LLC | 4 | $1.2M | $300K | 100.0% |
| KIND LENDING, LLC | 4 | $1.1M | $275K | 50.0% |
| FNB Bank, Incorporated | 3 | $1.2M | $395K | 66.7% |
| Loandepot.Com, LLC | 3 | $1.1M | $352K | 100.0% |
| FEDERATED MORTGAGE CORP. | 3 | $1.0M | $335K | 0.0% |
| PENNYMAC LOAN SERVICES, LLC | 3 | $0.9M | $295K | 66.7% |
| OCMBC, INC. | 3 | $0.9M | $292K | 33.3% |
| THE LOAN STORE, INC. | 3 | $0.7M | $228K | 66.7% |
| F & M BANK CORP. | 3 | $0.7M | $225K | 66.7% |
| Blue Ridge Bank, National Association | 3 | $0.6M | $208K | 66.7% |
| SPRING EQ, LLC | 3 | $0.2M | $72K | 33.3% |
| Alcova Mortgage LLC | 2 | $1.0M | $485K | 100.0% |
| CAPON VALLEY BANK | 2 | $0.8M | $380K | 50.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 2 | $0.5M | $255K | 100.0% |
| CHAMPIONS FUNDING, LLC | 2 | $0.5M | $245K | 50.0% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Frederick County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Frederick County CSV, all 25 lenders
What Frederick County's table can't show you: fit. Short-term financing is exempt from HMDA, so Frederick County's fix-and-flip and bridge lenders barely appear among its 81 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 Frederick County, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Frederick County, 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 — Frederick County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 81 lenders and 249 loans: 2025 HMDA loan-level data rolled up to Frederick County.
- Frederick County investor-lender dataset (CSV) — All 25 lenders in the Frederick County, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Frederick County'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 Winchester, VA-WV MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Frederick County'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.