DSCR Loans in Suffolk 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, 58 lenders made 143 investment-property loans in Suffolk city, 1.1% of Virginia's total. Dominick Prevete arranges DSCR loans across Suffolk 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 $345,000.
Suffolk city investor market at a glance
| Statistic | Suffolk city | Virginia | County rank |
|---|---|---|---|
| Investor loans | 143 | 12,943 | 22nd of 27 |
| Reporting lenders | 58 | 503 | 24th of 27 |
| Loan volume | $31.3M | $3.74B | 25th of 27 |
| Average loan | $219K | $289K | 20th of 27 |
| Median loan | $195K | $225K | 20th of 27 |
| Purchases | 57.3% | 62.0% | 20th of 27 |
| Cash-out refinances | 23.1% | 17.7% | 7th of 27 |
| 2–4 unit properties | 6.3% | 7.7% | 13th of 27 |
| Top five lenders' share | 38.5% | 18.5% | 6th of 27 |
| Reported business-purpose | 82.5% | 68.5% | 3rd of 27 |
Suffolk city: closed-end loans on 1–4 unit investment properties. Suffolk city's rank is highest first, among Virginia's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Suffolk city's investor loans.
What stands out in Suffolk city
By share of investor loans reported as business-purpose, Suffolk city ranks 3rd-highest of Virginia's 27 counties with published data (statewide: 68.5%).
82.5% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The five most active lenders wrote 38.5% of Suffolk city's investor loans, the 6th-highest share of Virginia's 27 counties with published data (statewide: 18.5%).
Five lenders write 38.5% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Suffolk city?
At HUD's fair market rent of $2,298 for a 3-bedroom in Suffolk city, Virginia, a rental covers its full DSCR payment up to a purchase price of about $345,000, with 20% down at the 7.25% starting rate (November 2026). Suffolk city's median home value is $347,400; at that price the payment is $2,310 a month, so the property would need $2,325 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) | $1,667 / $2,298 / $2,710 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $347,400 |
| Median property taxes and effective rate | $3,229 (0.93% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,310 |
| Rent needed to cover that payment | $2,325 |
| Coverage of a 3-bedroom at fair market rent | 0.99 |
| Highest price a 3-bedroom at fair market rent covers | about $345,000 |
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 Suffolk city's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Suffolk city?
The most active investment-property lenders in Suffolk city in 2025 HMDA data were Kiavi Funding, Inc.; Towne Bank; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 58 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 Suffolk city, and matches each file to the one most likely to fund it.
Suffolk city's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 143 loans and $31.3M from 58 lenders. Kiavi Funding, Inc. led Suffolk city with 24 loans, 16.8% of the county's total, and the average Suffolk city loan of $219K compares with $289K across Virginia.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 24 | $4.8M | $202K | 83.3% |
| Towne Bank | 9 | $3.0M | $328K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 8 | $1.8M | $229K | 25.0% |
| Atlantic Coast Mortgage, LLC | 8 | $1.4M | $175K | 12.5% |
| Rocket Mortgage, LLC | 6 | $1.1M | $190K | 0.0% |
| CMG MORTGAGE, INC. | 4 | $2.0M | $500K | 100.0% |
| LIMA ONE CAPITAL, LLC | 4 | $0.7M | $185K | 0.0% |
| Atlantic Union Bank | 3 | $0.8M | $268K | 100.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 3 | $0.7M | $245K | 100.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 3 | $0.6M | $215K | 0.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 3 | $0.6M | $212K | 100.0% |
| CALCON MUTUAL MORTGAGE LLC | 3 | $0.6M | $202K | 66.7% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 3 | $0.5M | $182K | 66.7% |
| NEWREZ LLC | 3 | $0.5M | $172K | 0.0% |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION | 3 | $0.5M | $165K | 33.3% |
| Hometown Equity Mortgage, LLC | 2 | $0.6M | $300K | 0.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $0.6M | $300K | 50.0% |
| JPMorgan Chase Bank, National Association | 2 | $0.5M | $260K | 100.0% |
| EMET LENDING GROUP, INC. | 2 | $0.4M | $220K | 100.0% |
| Loandepot.Com, LLC | 2 | $0.4M | $215K | 50.0% |
| Logan Finance Corporation | 2 | $0.4M | $210K | 50.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 2 | $0.4M | $205K | 50.0% |
| SOUTHERN TRUST MORTGAGE, LLC | 2 | $0.4M | $180K | 100.0% |
| LEI:98450058D88OE4463626 | 2 | $0.3M | $160K | 0.0% |
| Loan Funder LLC | 2 | $0.3M | $155K | 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 Suffolk city: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Suffolk city CSV, all 25 lenders
What Suffolk city's table can't show you: fit. Short-term financing is exempt from HMDA, so Suffolk city's fix-and-flip and bridge lenders barely appear among its 58 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 Suffolk city, Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Suffolk 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 — Suffolk city's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 58 lenders and 143 loans: 2025 HMDA loan-level data rolled up to Suffolk city.
- Suffolk city investor-lender dataset (CSV) — All 25 lenders in the Suffolk city, Virginia table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Suffolk 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 — Suffolk 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.