DSCR Loans in Henrico County, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 154 lenders made 703 investment-property loans in Henrico County, 5.4% of Virginia's total. Dominick Prevete arranges DSCR loans across Henrico 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 $315,000.
Henrico County investor market at a glance
| Statistic | Henrico County | Virginia | County rank |
|---|---|---|---|
| Investor loans | 703 | 12,943 | 3rd of 27 |
| Reporting lenders | 154 | 503 | 3rd of 27 |
| Loan volume | $186.0M | $3.74B | 4th of 27 |
| Average loan | $265K | $289K | 14th of 27 |
| Median loan | $245K | $225K | 13th of 27 |
| Purchases | 64.0% | 62.0% | 14th of 27 |
| Cash-out refinances | 16.1% | 17.7% | 16th of 27 |
| 2–4 unit properties | 1.0% | 7.7% | 22nd of 27 |
| Top five lenders' share | 31.3% | 18.5% | 14th of 27 |
| Reported business-purpose | 69.8% | 68.5% | 13th of 27 |
Henrico County: closed-end loans on 1–4 unit investment properties. Henrico County's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Henrico County's investor loans.
What stands out in Henrico County
1.0% of Henrico County's investor loans financed a 2–4 unit property, the 6th-lowest share of Virginia's 27 counties with published data (statewide: 7.7%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
Henrico County's 703 investor loans ranked 3rd of Virginia's 27 counties with published data.
Does a DSCR loan pencil in Henrico County?
At HUD's fair market rent of $2,039 for a 3-bedroom in Henrico County, Virginia, a rental covers its full DSCR payment up to a purchase price of about $315,000, with 20% down at the 7.25% starting rate (November 2026). Henrico County's median home value is $359,200; at that price the payment is $2,324 a month, so the property would need $2,325 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) | $1,651 / $2,039 / $2,499 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $359,200 |
| Median property taxes and effective rate | $2,565 (0.71% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,324 |
| Rent needed to cover that payment | $2,325 |
| Coverage of a 3-bedroom at fair market rent | 0.88 |
| Highest price a 3-bedroom at fair market rent covers | about $315,000 |
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 Henrico County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Henrico County?
The most active investment-property lenders in Henrico County in 2025 HMDA data were First Heritage Mortgage, LLC; Kiavi Funding, Inc.; and CAPITAL CENTER, L.L.C., out of 154 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 Henrico County, and matches each file to the one most likely to fund it.
Henrico County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 703 loans and $186.0M from 154 lenders. First Heritage Mortgage, LLC led Henrico County with 58 loans, 8.3% of the county's total, and the average Henrico County loan of $265K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| First Heritage Mortgage, LLC | 58 | $16.2M | $279K | 91.4% |
| Kiavi Funding, Inc. | 50 | $19.0M | $379K | 76.0% |
| CAPITAL CENTER, L.L.C. | 50 | $12.9M | $259K | 46.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 33 | $7.5M | $227K | 48.5% |
| PENNYMAC LOAN SERVICES, LLC | 29 | $8.2M | $284K | 44.8% |
| OCMBC, INC. | 17 | $4.0M | $237K | 64.7% |
| Rocket Mortgage, LLC | 17 | $3.4M | $199K | 41.2% |
| THE LOAN STORE, INC. | 16 | $4.4M | $276K | 81.2% |
| AMWEST FUNDING CORP. | 14 | $3.6M | $258K | 71.4% |
| Towne Bank | 14 | $3.1M | $224K | 85.7% |
| CMG MORTGAGE, INC. | 13 | $3.6M | $280K | 100.0% |
| Atlantic Union Bank | 12 | $2.9M | $238K | 91.7% |
| Fairway Independent Mortgage Corporation | 11 | $2.9M | $265K | 72.7% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 11 | $2.6M | $240K | 45.5% |
| DEEPHAVEN MORTGAGE LLC | 11 | $2.5M | $225K | 45.5% |
| NEWREZ LLC | 9 | $2.4M | $271K | 66.7% |
| Prosperity Home Mortgage, LLC | 9 | $2.1M | $234K | 55.6% |
| United Bank | 8 | $1.7M | $215K | 37.5% |
| AMERICAN FINANCIAL NETWORK, INC. | 8 | $1.6M | $205K | 62.5% |
| A&D Mortgage LLC | 7 | $2.9M | $419K | 71.4% |
| AAA CAPITAL INVESTMENT, INC. | 7 | $1.8M | $264K | 28.6% |
| U.S. Bank National Association | 7 | $1.6M | $231K | 100.0% |
| FIRST BANK | 7 | $1.3M | $184K | 57.1% |
| HOMEXPRESS MORTGAGE CORP. | 6 | $1.9M | $315K | 33.3% |
| Beeline Loans, Inc. | 6 | $1.7M | $290K | 16.7% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Henrico County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Henrico County CSV, all 25 lenders
What Henrico County's table can't show you: fit. Short-term financing is exempt from HMDA, so Henrico County's fix-and-flip and bridge lenders barely appear among its 154 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 Henrico County, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Henrico 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 — Henrico County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 154 lenders and 703 loans: 2025 HMDA loan-level data rolled up to Henrico County.
- Henrico County investor-lender dataset (CSV) — All 25 lenders in the Henrico County, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Henrico 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 Richmond, VA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Henrico 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.