DSCR Loans in Lynchburg city, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 94 lenders made 295 investment-property loans in Lynchburg city, 2.3% of Virginia's total. Dominick Prevete arranges DSCR loans across Lynchburg 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 $235,000.
Lynchburg city investor market at a glance
| Statistic | Lynchburg city | Virginia | County rank |
|---|---|---|---|
| Investor loans | 295 | 12,943 | 11th of 27 |
| Reporting lenders | 94 | 503 | 11th of 27 |
| Loan volume | $53.0M | $3.74B | 19th of 27 |
| Average loan | $180K | $289K | 24th of 27 |
| Median loan | $165K | $225K | 24th of 27 |
| Purchases | 60.7% | 62.0% | 17th of 27 |
| Cash-out refinances | 15.6% | 17.7% | 17th of 27 |
| 2–4 unit properties | 16.6% | 7.7% | 5th of 27 |
| Top five lenders' share | 28.8% | 18.5% | 17th of 27 |
| Reported business-purpose | 64.4% | 68.5% | 19th of 27 |
Lynchburg city: closed-end loans on 1–4 unit investment properties. Lynchburg city's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Lynchburg city's investor loans.
What stands out in Lynchburg city
The average investor loan in Lynchburg city was $180K, the 4th-lowest average of Virginia's 27 counties with published data (statewide: $289K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
16.6% of Lynchburg city's investor loans financed a 2–4 unit property, the 5th-highest share of Virginia's 27 counties with published data (statewide: 7.7%).
2–4 unit properties are a larger share here than in most of Virginia. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
Does a DSCR loan pencil in Lynchburg city?
At HUD's fair market rent of $1,547 for a 3-bedroom in Lynchburg city, Virginia, a rental covers its full DSCR payment up to a purchase price of about $235,000, with 20% down at the 7.25% starting rate (November 2026). Lynchburg city's median home value is $229,800; at that price the payment is $1,500 a month, so the property would need $1,525 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,117 / $1,547 / $1,678 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $229,800 |
| Median property taxes and effective rate | $1,804 (0.79% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,500 |
| Rent needed to cover that payment | $1,525 |
| Coverage of a 3-bedroom at fair market rent | 1.03 |
| Highest price a 3-bedroom at fair market rent covers | about $235,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $340,000 |
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 Lynchburg city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Lynchburg city?
The most active investment-property lenders in Lynchburg city in 2025 HMDA data were Select Bank; FREEDOM FIRST Federal Credit Union; and Strategic Funding, LP, out of 94 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 Lynchburg city, and matches each file to the one most likely to fund it.
Lynchburg city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 295 loans and $53.0M from 94 lenders. Select Bank led Lynchburg city with 21 loans, 7.1% of the county's total, and the average Lynchburg city loan of $180K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Select Bank | 21 | $4.4M | $208K | 66.7% |
| FREEDOM FIRST Federal Credit Union | 20 | $3.3M | $163K | 85.0% |
| Strategic Funding, LP | 16 | $2.2M | $136K | 0.0% |
| Commerce Home Mortgage, Inc. | 15 | $2.3M | $152K | 26.7% |
| FIRST BANCORP, INC. | 13 | $1.5M | $118K | 69.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 11 | $1.8M | $162K | 81.8% |
| The Farmers Bank of Appomattox | 10 | $2.1M | $207K | 70.0% |
| Alcova Mortgage LLC | 8 | $1.6M | $206K | 87.5% |
| KIND LENDING, LLC | 8 | $1.4M | $180K | 50.0% |
| Hometown Equity Mortgage, LLC | 8 | $1.4M | $179K | 25.0% |
| American Partners Federal Credit Union | 8 | $0.5M | $66K | 0.0% |
| Rocket Mortgage, LLC | 7 | $1.4M | $206K | 71.4% |
| Pinnacle Bank | 6 | $1.6M | $270K | 100.0% |
| Atlantic Union Bank | 6 | $0.9M | $158K | 83.3% |
| Bank of the James | 5 | $1.9M | $371K | 100.0% |
| EMM LOANS LLC | 5 | $1.0M | $195K | 60.0% |
| Kiavi Funding, Inc. | 5 | $0.9M | $183K | 100.0% |
| CHAMPIONS FUNDING, LLC | 5 | $0.8M | $167K | 20.0% |
| First National Bank | 5 | $0.5M | $101K | 20.0% |
| Carter Bank & Trust | 4 | $1.5M | $378K | 100.0% |
| NVR Mortgage Finance, Inc. | 4 | $1.0M | $248K | 100.0% |
| T2 FINANCIAL LLC | 4 | $0.7M | $173K | 75.0% |
| NATIONAL BANKSHARES, INC. | 4 | $0.4M | $90K | 25.0% |
| First-Citizens Bank & Trust Company | 3 | $0.9M | $302K | 100.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 3 | $0.7M | $232K | 100.0% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Lynchburg city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Lynchburg city CSV, all 25 lenders
What Lynchburg city's table can't show you: fit. Short-term financing is exempt from HMDA, so Lynchburg city's fix-and-flip and bridge lenders barely appear among its 94 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 Lynchburg city, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Lynchburg 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 — Lynchburg city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 94 lenders and 295 loans: 2025 HMDA loan-level data rolled up to Lynchburg city.
- Lynchburg city investor-lender dataset (CSV) — All 25 lenders in the Lynchburg city, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Lynchburg 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 Lynchburg, VA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Lynchburg 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.