DSCR Loans in Rockingham County, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 64 lenders made 154 investment-property loans in Rockingham County, 1.2% of Virginia's total. Dominick Prevete arranges DSCR loans across Rockingham 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 $270,000.
Rockingham County investor market at a glance
| Statistic | Rockingham County | Virginia | County rank |
|---|---|---|---|
| Investor loans | 154 | 12,943 | 21st of 27 |
| Reporting lenders | 64 | 503 | 20th of 27 |
| Loan volume | $50.5M | $3.74B | 20th of 27 |
| Average loan | $328K | $289K | 7th of 27 |
| Median loan | $265K | $225K | 11th of 27 |
| Purchases | 74.0% | 62.0% | 2nd of 27 |
| Cash-out refinances | 8.4% | 17.7% | 27th of 27 |
| 2–4 unit properties | 8.4% | 7.7% | 9th of 27 |
| Top five lenders' share | 26.0% | 18.5% | 20th of 27 |
| Reported business-purpose | 61.7% | 68.5% | 23rd of 27 |
Rockingham County: closed-end loans on 1–4 unit investment properties. Rockingham County's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Rockingham County's investor loans.
What stands out in Rockingham County
8.4% of Rockingham County's investor loans were cash-out refinances, the lowest share of Virginia's 27 counties with published data (statewide: 17.7%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
74.0% of Rockingham County's investor loans were purchases, the 2nd-highest share of Virginia's 27 counties with published data (statewide: 62.0%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
61.7% of Rockingham County's investor loans were reported as business-purpose, the 5th-lowest share of Virginia's 27 counties with published data (statewide: 68.5%).
Fewer investor loans here were reported as business-purpose than in most of Virginia. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
Does a DSCR loan pencil in Rockingham County?
At HUD's fair market rent of $1,728 for a 3-bedroom in Rockingham County, Virginia, a rental covers its full DSCR payment up to a purchase price of about $270,000, with 20% down at the 7.25% starting rate (November 2026). Rockingham County's median home value is $313,000; at that price the payment is $1,976 a month, so the property would need $2,000 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) | $1,264 / $1,728 / $2,034 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $313,000 |
| Median property taxes and effective rate | $1,645 (0.53% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,976 |
| Rent needed to cover that payment | $2,000 |
| Coverage of a 3-bedroom at fair market rent | 0.87 |
| Highest price a 3-bedroom at fair market rent covers | about $270,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $400,000 |
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 Rockingham County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Rockingham County?
The most active investment-property lenders in Rockingham County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Pendleton Community Bank, Inc.; and PARK VIEW FEDERAL CREDIT UNION, out of 64 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 and matches each file to the one most likely to fund it.
Rockingham County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 154 loans and $50.5M from 64 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Rockingham County with 12 loans, 7.8% of the county's total, and the average Rockingham County loan of $328K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 12 | $5.6M | $468K | 75.0% |
| Pendleton Community Bank, Inc. | 9 | $2.7M | $303K | 77.8% |
| PARK VIEW FEDERAL CREDIT UNION | 8 | $2.2M | $276K | 37.5% |
| DuPont Community Federally Insured State-Chartered Credit Union | 6 | $1.3M | $223K | 50.0% |
| MORIA DEVELOPMENT, INC. | 5 | $2.3M | $465K | 100.0% |
| Pioneer Bank | 5 | $2.1M | $421K | 80.0% |
| NVR Mortgage Finance, Inc. | 5 | $1.2M | $233K | 100.0% |
| FIRST BANCORP, INC. | 5 | $1.1M | $213K | 40.0% |
| United Bank | 5 | $1.0M | $209K | 80.0% |
| FIRST SAVINGS MORTGAGE CORPORATION | 4 | $2.2M | $543K | 50.0% |
| MOVEMENT MORTGAGE, LLC | 4 | $2.1M | $518K | 100.0% |
| Truist Bank | 4 | $1.2M | $293K | 100.0% |
| THE LOAN STORE, INC. | 4 | $1.1M | $280K | 50.0% |
| F & M BANK CORP. | 4 | $0.7M | $183K | 25.0% |
| Beeline Loans, Inc. | 3 | $1.7M | $558K | 100.0% |
| Tomo Mortgage, LLC | 3 | $1.0M | $345K | 100.0% |
| KIND LENDING, LLC | 3 | $0.8M | $272K | 33.3% |
| Rocket Mortgage, LLC | 3 | $0.6M | $198K | 33.3% |
| Ixonia Bank | 2 | $1.6M | $795K | 50.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $1.2M | $615K | 100.0% |
| BETTER MORTGAGE CORPORATION | 2 | $0.9M | $445K | 50.0% |
| Commerce Home Mortgage, Inc. | 2 | $0.8M | $420K | 100.0% |
| OAKTREE FUNDING CORP. | 2 | $0.8M | $375K | 0.0% |
| Prosperity Home Mortgage, LLC | 2 | $0.6M | $310K | 0.0% |
| AAA CAPITAL INVESTMENT, INC. | 2 | $0.5M | $270K | 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 Rockingham County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Rockingham County CSV, all 25 lenders
What Rockingham County's table can't show you: fit. Short-term financing is exempt from HMDA, so Rockingham County's fix-and-flip and bridge lenders barely appear among its 64 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 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 Rockingham County, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Rockingham 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 — Rockingham County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 64 lenders and 154 loans: 2025 HMDA loan-level data rolled up to Rockingham County.
- Rockingham County investor-lender dataset (CSV) — All 25 lenders in the Rockingham County, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Rockingham 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 Harrisonburg, VA MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Rockingham 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.