DSCR Loans in West 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)
Dominick Prevete arranges DSCR loans across West 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. In 2025 HMDA data, 230 lenders made 2,025 investment-property loans in West Virginia; the most active are in the table below, and 6 counties have their own page.
West Virginia investor market at a glance
| Statistic | West Virginia | National | State rank |
|---|---|---|---|
| Investor loans | 2,025 | 553,332 | 40th of 51 |
| Reporting lenders | 230 | 4,120 | 39th of 51 |
| Loan volume | $347.7M | $190.57B | 46th of 51 |
| Average loan | $172K | $344K | 48th of 51 |
| Median loan | $155K | — | 38th of 51 |
| Purchases | 68.0% | 59.2% | 3rd of 51 |
| Cash-out refinances | 12.0% | 18.8% | 40th of 51 |
| 2–4 unit properties | 17.5% | 17.3% | 26th of 51 |
| Top five lenders' share | 22.6% | 21.9% | 25th of 51 |
| Reported business-purpose | 55.3% | 70.8% | 47th of 51 |
West Virginia: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 50 states and DC. The national figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in West Virginia
68.0% of West Virginia's investor loans were purchases, the 3rd-highest share of the 50 states and DC (national figure: 59.2%).
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.
The average investor loan in West Virginia was $172K, the 4th-lowest average of the 50 states and DC (national figure: $344K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
55.3% of West Virginia's investor loans were reported as business-purpose, the 5th-lowest share of the 50 states and DC (national figure: 70.8%).
Fewer investor loans here were reported as business-purpose than in most of the 50 states and DC. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
Who are the DSCR and investment-property lenders in West Virginia?
The most active investment-property lenders in West Virginia in 2025 HMDA data were LENNAR MORTGAGE, LLC; City National Bank of West Virginia; and CONSTRUCTIVE LOANS, LLC, out of 230 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 several that reported in West Virginia, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered West Virginia's 2025 filings to closed-end loans on 1–4 unit investment properties: 2,025 loans totaling $0.35B across 230 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENNAR MORTGAGE, LLC | 193 | $41.5M | $215K | 100.0% |
| City National Bank of West Virginia | 99 | $15.5M | $157K | 68.7% |
| CONSTRUCTIVE LOANS, LLC | 65 | $6.9M | $106K | 0.0% |
| Clear Mountain Bank | 53 | $12.3M | $232K | 75.5% |
| Burke & Herbert Bank & Trust Company | 48 | $8.8M | $184K | 56.2% |
| Rocket Mortgage, LLC | 45 | $7.8M | $172K | 53.3% |
| CROSSCOUNTRY MORTGAGE, INC. | 35 | $6.6M | $188K | 82.9% |
| Huntington Federal Savings Bank | 34 | $5.3M | $157K | 32.4% |
| Kiavi Funding, Inc. | 30 | $4.6M | $152K | 63.3% |
| ANCHOR LOANS, LP | 29 | $6.9M | $238K | 100.0% |
| Jefferson Security Bank | 29 | $5.3M | $181K | 65.5% |
| Legacy Bank | 28 | $3.4M | $123K | 67.9% |
| United Bank | 27 | $10.2M | $376K | 81.5% |
| The Poca Valley Bank, Inc. | 27 | $3.4M | $125K | 55.6% |
| BPL MORTGAGE TRUST, LLC | 25 | $2.9M | $115K | 40.0% |
| HANCOCK COUNTY SAVINGS BANK, FSB, INC. | 25 | $2.4M | $95K | 84.0% |
| CHAMPIONS FUNDING, LLC | 24 | $3.5M | $147K | 16.7% |
| Loan Funder LLC | 24 | $2.9M | $123K | 83.3% |
| Williamstown Bank, Inc. | 24 | $2.9M | $121K | 41.7% |
| Pendleton Community Bank, Inc. | 24 | $2.8M | $115K | 70.8% |
| Atlantic Coast Mortgage, LLC | 23 | $5.6M | $242K | 100.0% |
| Truist Bank | 23 | $3.0M | $128K | 82.6% |
| Belmont Savings Bank | 23 | $1.9M | $85K | 69.6% |
| United Nations Federal Credit Union | 21 | $4.7M | $223K | 47.6% |
| PUTNAM COUNTY BANK | 21 | $3.7M | $175K | 76.2% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved November 11, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 230 reporting lenders with every underlying figure. Researching the market rather than financing a property? The West Virginia lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's 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 →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
DSCR loans by county in West Virginia
Each county page compares the county's 2025 HMDA investor-lending figures with West Virginia's and names its most active lenders. Counties are listed by investor loan count.
6 West Virginia counties have their own page so far.
- Berkeley County381 loans
- Jefferson County240 loans
- Kanawha County153 loans
- Monongalia County142 loans
- Cabell County140 loans
- Raleigh County100 loans
- Harrison County (fewer than 100 investor loans in 2025)84 loans
- Wood County (fewer than 100 investor loans in 2025)80 loans
- Marion County (fewer than 100 investor loans in 2025)61 loans
- Mercer County (fewer than 100 investor loans in 2025)61 loans
- Ohio County (fewer than 100 investor loans in 2025)56 loans
- Fayette County (fewer than 100 investor loans in 2025)43 loans
- Hancock County (fewer than 100 investor loans in 2025)32 loans
- Hampshire County (fewer than 100 investor loans in 2025)31 loans
- Marshall County (fewer than 100 investor loans in 2025)29 loans
- Morgan County (fewer than 100 investor loans in 2025)28 loans
- Hardy County (fewer than 100 investor loans in 2025)25 loans
- Tucker County (fewer than 100 investor loans in 2025)25 loans
- Putnam County (fewer than 100 investor loans in 2025)24 loans
- Greenbrier County (fewer than 100 investor loans in 2025)23 loans
- Mineral County (fewer than 100 investor loans in 2025)23 loans
- Preston County (fewer than 100 investor loans in 2025)16 loans
- Mason County (fewer than 100 investor loans in 2025)15 loans
- Brooke County (fewer than 100 investor loans in 2025)13 loans
- Logan County (fewer than 100 investor loans in 2025)13 loans
- Wayne County (fewer than 100 investor loans in 2025)13 loans
- Nicholas County (fewer than 100 investor loans in 2025)12 loans
- Pocahontas County (fewer than 100 investor loans in 2025)12 loans
- Clay County (fewer than 100 investor loans in 2025)11 loans
- Grant County (fewer than 100 investor loans in 2025)8 loans
- Jackson County (fewer than 100 investor loans in 2025)7 loans
- Pendleton County (fewer than 100 investor loans in 2025)6 loans
- Boone County (fewer than 100 investor loans in 2025)5 loans
- Randolph County (fewer than 100 investor loans in 2025)5 loans
- Taylor County (fewer than 100 investor loans in 2025)5 loans
- Wyoming County (fewer than 100 investor loans in 2025)5 loans
- Lewis County (fewer than 100 investor loans in 2025)4 loans
- Summers County (fewer than 100 investor loans in 2025)4 loans
- Lincoln County (fewer than 100 investor loans in 2025)3 loans
- Mingo County (fewer than 100 investor loans in 2025)3 loans
- Upshur County (fewer than 100 investor loans in 2025)3 loans
- Webster County (fewer than 100 investor loans in 2025)3 loans
- Wetzel County (fewer than 100 investor loans in 2025)3 loans
- Braxton County (fewer than 100 investor loans in 2025)2 loans
- McDowell County (fewer than 100 investor loans in 2025)2 loans
- Monroe County (fewer than 100 investor loans in 2025)2 loans
- Ritchie County (fewer than 100 investor loans in 2025)2 loans
- Roane County (fewer than 100 investor loans in 2025)2 loans
- Barbour County (fewer than 100 investor loans in 2025)1 loans
- Tyler County (fewer than 100 investor loans in 2025)1 loans
Run the coverage test on your West Virginia deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a West 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 — West Virginia's at-a-glance figures, its rank among the 50 states and DC, its observations and the Quick Read's 230 lenders and 2,025 loans: 2025 HMDA loan-level data.
- West Virginia investor-lender dataset (CSV) — Every West Virginia lender behind the table above, with volume, average loan and purchase share for each.
- West Virginia investor lending data, Dominick Prevete — The West Virginia table on its own, with the state's concentration figures and the method behind them.
- 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.