DSCR Loans in Spotsylvania County, Virginia
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 80 lenders made 193 investment-property loans in Spotsylvania County, 1.5% of Virginia's total. Dominick Prevete arranges DSCR loans across Spotsylvania 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 $485,000.
Spotsylvania County investor market at a glance
| Statistic | Spotsylvania County | Virginia | County rank |
|---|---|---|---|
| Investor loans | 193 | 12,943 | 19th of 27 |
| Reporting lenders | 80 | 503 | 16th of 27 |
| Loan volume | $57.0M | $3.74B | 16th of 27 |
| Average loan | $296K | $289K | 10th of 27 |
| Median loan | $295K | $225K | 7th of 27 |
| Purchases | 68.9% | 62.0% | 6th of 27 |
| Cash-out refinances | 11.4% | 17.7% | 24th of 27 |
| 2–4 unit properties | 1.6% | 7.7% | 21st of 27 |
| Top five lenders' share | 31.6% | 18.5% | 13th of 27 |
| Reported business-purpose | 63.7% | 68.5% | 21st of 27 |
Spotsylvania County: closed-end loans on 1–4 unit investment properties. Spotsylvania County's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Spotsylvania County's investor loans.
What stands out in Spotsylvania County
11.4% of Spotsylvania County's investor loans were cash-out refinances, the 4th-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.
68.9% of Spotsylvania County's investor loans were purchases, the 6th-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.
Does a DSCR loan pencil in Spotsylvania County?
At HUD's fair market rent of $3,107 for a 3-bedroom in Spotsylvania County, Virginia, a rental covers its full DSCR payment up to a purchase price of about $485,000, with 20% down at the 7.25% starting rate (November 2026). Spotsylvania County's median home value is $404,900; at that price the payment is $2,574 a month, so the property would need $2,575 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) | $2,438 / $3,107 / $3,658 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $404,900 |
| Median property taxes and effective rate | $2,347 (0.58% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,574 |
| Rent needed to cover that payment | $2,575 |
| Coverage of a 3-bedroom at fair market rent | 1.21 |
| Highest price a 3-bedroom at fair market rent covers | about $485,000 |
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 Spotsylvania County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Spotsylvania County?
The most active investment-property lenders in Spotsylvania County in 2025 HMDA data were LIMA ONE CAPITAL, LLC; Kiavi Funding, Inc.; and Rocket Mortgage, LLC, out of 80 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 Spotsylvania County, and matches each file to the one most likely to fund it.
Spotsylvania County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 193 loans and $57.0M from 80 lenders. LIMA ONE CAPITAL, LLC led Spotsylvania County with 17 loans, 8.8% of the county's total, and the average Spotsylvania County loan of $296K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LIMA ONE CAPITAL, LLC | 17 | $6.2M | $363K | 0.0% |
| Kiavi Funding, Inc. | 12 | $3.7M | $309K | 83.3% |
| Rocket Mortgage, LLC | 12 | $3.6M | $300K | 91.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 11 | $3.0M | $271K | 63.6% |
| LINKBANK | 9 | $1.8M | $196K | 77.8% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | 8 | $2.4M | $295K | 100.0% |
| Atlantic Union Bank | 7 | $2.0M | $286K | 57.1% |
| NVR Mortgage Finance, Inc. | 6 | $1.8M | $305K | 100.0% |
| Atlantic Coast Mortgage, LLC | 5 | $1.6M | $313K | 80.0% |
| GUARANTEED RATE, INC. | 4 | $1.3M | $318K | 100.0% |
| MOVEMENT MORTGAGE, LLC | 4 | $1.0M | $240K | 75.0% |
| Fairway Independent Mortgage Corporation | 3 | $0.9M | $298K | 100.0% |
| Truist Bank | 3 | $0.8M | $265K | 66.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 3 | $0.6M | $185K | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 2 | $1.0M | $515K | 50.0% |
| NFM, INC. | 2 | $1.0M | $500K | 50.0% |
| Broker Solutions, Inc. | 2 | $0.7M | $365K | 100.0% |
| LEI:894500CFQPXSLHK0OK52 | 2 | $0.7M | $355K | 100.0% |
| BETTER MORTGAGE CORPORATION | 2 | $0.7M | $345K | 0.0% |
| United Nations Federal Credit Union | 2 | $0.7M | $330K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $0.6M | $300K | 100.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $0.6M | $295K | 50.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 2 | $0.6M | $290K | 100.0% |
| OCMBC, INC. | 2 | $0.6M | $290K | 50.0% |
| NEW WAVE LENDING GROUP INC | 2 | $0.6M | $290K | 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 Spotsylvania County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Spotsylvania County CSV, all 25 lenders
What Spotsylvania County's table can't show you: fit. Short-term financing is exempt from HMDA, so Spotsylvania County's fix-and-flip and bridge lenders barely appear among its 80 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 Spotsylvania County, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Spotsylvania 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 — Spotsylvania County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 80 lenders and 193 loans: 2025 HMDA loan-level data rolled up to Spotsylvania County.
- Spotsylvania County investor-lender dataset (CSV) — All 25 lenders in the Spotsylvania County, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Spotsylvania 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 Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Spotsylvania 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.