DSCR Loans in Newport News city, 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, 90 lenders made 293 investment-property loans in Newport News city, 2.3% of Virginia's total. Dominick Prevete arranges DSCR loans across Newport News 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 $340,000.
Newport News city investor market at a glance
| Statistic | Newport News city | Virginia | County rank |
|---|---|---|---|
| Investor loans | 293 | 12,943 | 13th of 27 |
| Reporting lenders | 90 | 503 | 13th of 27 |
| Loan volume | $57.1M | $3.74B | 15th of 27 |
| Average loan | $195K | $289K | 21st of 27 |
| Median loan | $185K | $225K | 21st of 27 |
| Purchases | 56.7% | 62.0% | 21st of 27 |
| Cash-out refinances | 24.9% | 17.7% | 6th of 27 |
| 2–4 unit properties | 3.1% | 7.7% | 18th of 27 |
| Top five lenders' share | 32.8% | 18.5% | 9th of 27 |
| Reported business-purpose | 74.7% | 68.5% | 8th of 27 |
Newport News city: closed-end loans on 1–4 unit investment properties. Newport News city's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Newport News city's investor loans.
What stands out in Newport News city
24.9% of Newport News city's investor loans were cash-out refinances, the 6th-highest share of Virginia's 27 counties with published data (statewide: 17.7%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The median investor loan in Newport News city was $185K, the 6th-lowest median of Virginia's 27 counties with published data (statewide: $225K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Newport News city?
At HUD's fair market rent of $2,298 for a 3-bedroom in Newport News city, Virginia, a rental covers its full DSCR payment up to a purchase price of about $340,000, with 20% down at the 7.25% starting rate (November 2026). Newport News city's median home value is $260,600; at that price the payment is $1,750 a month, so the property would need $1,775 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) | $1,667 / $2,298 / $2,710 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $260,600 |
| Median property taxes and effective rate | $2,634 (1.01% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,750 |
| Rent needed to cover that payment | $1,775 |
| Coverage of a 3-bedroom at fair market rent | 1.31 |
| Highest price a 3-bedroom at fair market rent covers | 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 Newport News city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Newport News city?
The most active investment-property lenders in Newport News city in 2025 HMDA data were Kiavi Funding, Inc.; Towne Bank; and NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION, out of 90 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 several that reported in Newport News city, and matches each file to the one most likely to fund it.
Newport News city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 293 loans and $57.1M from 90 lenders. Kiavi Funding, Inc. led Newport News city with 46 loans, 15.7% of the county's total, and the average Newport News city loan of $195K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 46 | $10.3M | $223K | 91.3% |
| Towne Bank | 15 | $2.8M | $186K | 93.3% |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION | 14 | $3.4M | $240K | 57.1% |
| LIMA ONE CAPITAL, LLC | 11 | $2.0M | $186K | 63.6% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 10 | $1.7M | $173K | 20.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 10 | $1.6M | $160K | 70.0% |
| Atlantic Union Bank | 9 | $1.8M | $195K | 88.9% |
| Rocket Mortgage, LLC | 9 | $1.6M | $173K | 0.0% |
| MOVEMENT MORTGAGE, LLC | 9 | $1.4M | $161K | 66.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 8 | $1.1M | $136K | 62.5% |
| OCMBC, INC. | 7 | $1.7M | $249K | 28.6% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 7 | $1.5M | $216K | 85.7% |
| AMERICAN HERITAGE LENDING, LLC | 5 | $1.0M | $209K | 60.0% |
| LANGLEY Federal Credit Union | 5 | $0.8M | $169K | 80.0% |
| Navy Federal Credit Union | 5 | $0.6M | $117K | 60.0% |
| Easy Street Capital, LLC | 4 | $1.0M | $240K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 4 | $0.7M | $168K | 50.0% |
| DEEPHAVEN MORTGAGE LLC | 4 | $0.7M | $165K | 25.0% |
| NEWREZ LLC | 4 | $0.6M | $158K | 25.0% |
| Loan Funder LLC | 4 | $0.5M | $125K | 50.0% |
| KIND LENDING, LLC | 3 | $0.9M | $305K | 66.7% |
| NexBank | 3 | $0.7M | $235K | 33.3% |
| CHAMPIONS FUNDING, LLC | 3 | $0.6M | $205K | 0.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 3 | $0.5M | $178K | 0.0% |
| THE LOAN STORE, INC. | 3 | $0.5M | $168K | 66.7% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Newport News city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Newport News city CSV, all 25 lenders
What Newport News city's table can't show you: fit. Short-term financing is exempt from HMDA, so Newport News city's fix-and-flip and bridge lenders barely appear among its 90 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 several 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 Newport News city, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Newport News 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 — Newport News city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 90 lenders and 293 loans: 2025 HMDA loan-level data rolled up to Newport News city.
- Newport News city investor-lender dataset (CSV) — All 25 lenders in the Newport News city, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Newport News 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 — Newport News 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.