DSCR Loans in Roanoke 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, 62 lenders made 140 investment-property loans in Roanoke County, 1.1% of Virginia's total. Dominick Prevete arranges DSCR loans across Roanoke 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 $305,000.
Roanoke County investor market at a glance
| Statistic | Roanoke County | Virginia | County rank |
|---|---|---|---|
| Investor loans | 140 | 12,943 | 23rd of 27 |
| Reporting lenders | 62 | 503 | 21st of 27 |
| Loan volume | $31.1M | $3.74B | 26th of 27 |
| Average loan | $222K | $289K | 19th of 27 |
| Median loan | $200K | $225K | 19th of 27 |
| Purchases | 67.1% | 62.0% | 11th of 27 |
| Cash-out refinances | 16.4% | 17.7% | 15th of 27 |
| 2–4 unit properties | 10.0% | 7.7% | 8th of 27 |
| Top five lenders' share | 22.9% | 18.5% | 22nd of 27 |
| Reported business-purpose | 65.0% | 68.5% | 18th of 27 |
Roanoke County: closed-end loans on 1–4 unit investment properties. Roanoke County's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Roanoke County's investor loans.
What stands out in Roanoke County
The five most active lenders wrote 22.9% of Roanoke County's investor loans, the 6th-lowest share of Virginia's 27 counties with published data (statewide: 18.5%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Roanoke County's 140 investor loans ranked 23rd of Virginia's 27 counties with published data.
Does a DSCR loan pencil in Roanoke County?
At HUD's fair market rent of $2,022 for a 3-bedroom in Roanoke County, Virginia, a rental covers its full DSCR payment up to a purchase price of about $305,000, with 20% down at the 7.25% starting rate (November 2026). Roanoke County's median home value is $286,000; at that price the payment is $1,883 a month, so the property would need $1,900 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) | $286,000 |
| Median property taxes and effective rate | $2,436 (0.85% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,883 |
| Rent needed to cover that payment | $1,900 |
| Coverage of a 3-bedroom at fair market rent | 1.07 |
| Highest price a 3-bedroom at fair market rent covers | about $305,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $440,000 |
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 County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Roanoke County?
The most active investment-property lenders in Roanoke County in 2025 HMDA data were Kiavi Funding, Inc.; Alcova Mortgage LLC; and American Partners Federal Credit Union, out of 62 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 Roanoke County, and matches each file to the one most likely to fund it.
Roanoke County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 140 loans and $31.1M from 62 lenders. Kiavi Funding, Inc. led Roanoke County with 7 loans, 5.0% of the county's total, and the average Roanoke County loan of $222K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 7 | $2.5M | $358K | 42.9% |
| Alcova Mortgage LLC | 7 | $1.5M | $214K | 71.4% |
| American Partners Federal Credit Union | 7 | $1.4M | $201K | 57.1% |
| MERCHANTS MORTGAGE & TRUST CORPORATION, LLC | 6 | $1.2M | $197K | 83.3% |
| Bank of Botetourt | 5 | $1.2M | $243K | 100.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 5 | $1.0M | $199K | 60.0% |
| NEWREZ LLC | 4 | $1.2M | $300K | 100.0% |
| FIRST BANK | 4 | $0.9M | $233K | 75.0% |
| Truist Bank | 4 | $0.9M | $223K | 100.0% |
| CNB Bank | 4 | $0.8M | $195K | 75.0% |
| FREEDOM FIRST Federal Credit Union | 4 | $0.6M | $160K | 75.0% |
| Rocket Mortgage, LLC | 4 | $0.5M | $133K | 50.0% |
| FIRST BANCORP, INC. | 3 | $1.0M | $322K | 100.0% |
| Pinnacle Bank | 3 | $0.8M | $262K | 100.0% |
| NATIONAL BANKSHARES, INC. | 3 | $0.8M | $252K | 100.0% |
| SWBC MORTGAGE CORPORATION | 3 | $0.5M | $175K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 3 | $0.5M | $175K | 33.3% |
| LENDINGONE, LLC | 3 | $0.5M | $162K | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | 3 | $0.5M | $155K | 33.3% |
| 21st Mortgage Corporation | 3 | $0.2M | $55K | 100.0% |
| HomeTrust Bank | 2 | $0.7M | $330K | 100.0% |
| MOVEMENT MORTGAGE, LLC | 2 | $0.5M | $225K | 50.0% |
| A&D Mortgage LLC | 2 | $0.4M | $210K | 50.0% |
| Commerce Home Mortgage, Inc. | 2 | $0.4M | $200K | 50.0% |
| CV3 FINANCIAL SERVICES, LLC | 2 | $0.4M | $195K | 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 Roanoke County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Roanoke County CSV, all 25 lenders
What Roanoke County's table can't show you: fit. Short-term financing is exempt from HMDA, so Roanoke County's fix-and-flip and bridge lenders barely appear among its 62 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 County, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Roanoke 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 — Roanoke County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 62 lenders and 140 loans: 2025 HMDA loan-level data rolled up to Roanoke County.
- Roanoke County investor-lender dataset (CSV) — All 25 lenders in the Roanoke County, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Roanoke 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 Roanoke, VA HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Roanoke 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.