DSCR Loans in Roanoke 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, 95 lenders made 411 investment-property loans in Roanoke city, 3.2% of Virginia's total. Dominick Prevete arranges DSCR loans across Roanoke 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 $300,000.
Roanoke city investor market at a glance
| Statistic | Roanoke city | Virginia | County rank |
|---|---|---|---|
| Investor loans | 411 | 12,943 | 9th of 27 |
| Reporting lenders | 95 | 503 | 10th of 27 |
| Loan volume | $66.5M | $3.74B | 13th of 27 |
| Average loan | $162K | $289K | 26th of 27 |
| Median loan | $145K | $225K | 26th of 27 |
| Purchases | 47.9% | 62.0% | 25th of 27 |
| Cash-out refinances | 25.3% | 17.7% | 4th of 27 |
| 2–4 unit properties | 23.8% | 7.7% | 2nd of 27 |
| Top five lenders' share | 38.7% | 18.5% | 5th of 27 |
| Reported business-purpose | 70.8% | 68.5% | 11th of 27 |
Roanoke city: closed-end loans on 1–4 unit investment properties. Roanoke city's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Roanoke city's investor loans.
What stands out in Roanoke city
23.8% of Roanoke city's investor loans financed a 2–4 unit property, the 2nd-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.
The average investor loan in Roanoke city was $162K, the 2nd-lowest average of Virginia's 27 counties with published data (statewide: $289K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
47.9% of Roanoke city's investor loans were purchases, the 3rd-lowest share of Virginia's 27 counties with published data (statewide: 62.0%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Roanoke city?
At HUD's fair market rent of $2,022 for a 3-bedroom in Roanoke city, 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). Roanoke city's median home value is $190,500; at that price the payment is $1,277 a month, so the property would need $1,300 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) | $1,464 / $2,022 / $2,447 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $190,500 |
| Median property taxes and effective rate | $1,893 (0.99% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,277 |
| Rent needed to cover that payment | $1,300 |
| Coverage of a 3-bedroom at fair market rent | 1.58 |
| Highest price a 3-bedroom at fair market rent covers | about $300,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $435,000 |
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 Roanoke city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Roanoke city?
The most active investment-property lenders in Roanoke city in 2025 HMDA data were LENDINGONE, LLC; Kiavi Funding, Inc.; and American Partners Federal Credit Union, out of 95 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 one that reported in Roanoke city, and matches each file to the one most likely to fund it.
Roanoke city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 411 loans and $66.5M from 95 lenders. LENDINGONE, LLC led Roanoke city with 43 loans, 10.5% of the county's total, and the average Roanoke city loan of $162K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENDINGONE, LLC | 43 | $6.3M | $146K | 9.3% |
| Kiavi Funding, Inc. | 39 | $6.4M | $163K | 25.6% |
| American Partners Federal Credit Union | 32 | $5.6M | $175K | 62.5% |
| CV3 FINANCIAL SERVICES, LLC | 27 | $4.4M | $161K | 63.0% |
| Bank of Botetourt | 18 | $3.7M | $206K | 50.0% |
| CNB Bank | 16 | $2.1M | $133K | 87.5% |
| Loan Funder LLC | 14 | $2.1M | $147K | 28.6% |
| Atlantic Union Bank | 11 | $1.9M | $175K | 27.3% |
| NATIONAL BANKSHARES, INC. | 11 | $1.9M | $170K | 81.8% |
| Rocket Mortgage, LLC | 10 | $1.7M | $171K | 40.0% |
| FREEDOM FIRST Federal Credit Union | 8 | $1.0M | $124K | 25.0% |
| DEEPHAVEN MORTGAGE LLC | 7 | $1.2M | $168K | 42.9% |
| Integrity Home Mortgage Corporation | 7 | $1.1M | $164K | 85.7% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 7 | $1.1M | $164K | 71.4% |
| Pinnacle Bank | 6 | $1.0M | $170K | 66.7% |
| LOWER, LLC | 6 | $0.8M | $127K | 66.7% |
| FIRST BANK | 6 | $0.7M | $118K | 66.7% |
| Fairway Independent Mortgage Corporation | 5 | $1.2M | $235K | 80.0% |
| Strategic Funding, LP | 5 | $0.8M | $163K | 0.0% |
| Alcova Mortgage LLC | 5 | $0.7M | $135K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 5 | $0.6M | $117K | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | 4 | $0.8M | $190K | 75.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 4 | $0.7M | $185K | 75.0% |
| First-Citizens Bank & Trust Company | 4 | $0.7M | $170K | 50.0% |
| New Peoples Bank, Inc. | 4 | $0.6M | $145K | 75.0% |
316 Virginia loans (2.4%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Roanoke city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Roanoke city CSV, all 25 lenders
What Roanoke city's table can't show you: fit. Short-term financing is exempt from HMDA, so Roanoke city's fix-and-flip and bridge lenders barely appear among its 95 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 Roanoke city, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Roanoke 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 — Roanoke city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 95 lenders and 411 loans: 2025 HMDA loan-level data rolled up to Roanoke city.
- Roanoke city investor-lender dataset (CSV) — All 25 lenders in the Roanoke city, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Roanoke 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 Roanoke, VA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Roanoke 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.