Virginia Recent DSCR Fundings

Real Investments. Real Results.

Real estate investors in the Commonwealth of Virginia are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Virginia, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Virginia real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in the Virginia below:

Single-Family Residence

Virginia Beach, VA

Loan Amount / $1,042,500
Rate / 7.625%

Purpose / Rate-Term Refinance
LTV / 75.0%

$1,042,500 Virginia DSCR Rental Loan for a Rate-Term Refinance of a rental property in Virginia Beach. This property is located in the third row of houses facing the beach, making it an ideal and sought-after location for visitors to enjoy the beautiful Sandbridge Beach located mere feet away.

Single-Family Residence

Moneta, VA

Loan Amount / $1,462,500
Rate / 7.500%

Purpose / Cash-Out Refinance
LTV / 65.0%

$1,462,500 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Moneta. Within five miles lie wineries, marinas, a horse back riding farm, and state park hiking trails, this property allows convenient access to the abundant attractions offered around Virginia’s most popular lake.

Single-Family Residence

Chesapeake, VA

Loan Amount / $140,000
Rate / 7.875%

Purpose / Rate-Term Refinance
LTV / 80.0%

$140,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Chesapeake. After undergoing significant renovations, this property will operate as a long-term rental.

Single-Family Residence

Richmond, VA

Loan Amount / $236,775
Rate / 7.250%

Purpose / Cash-Out Refinance
LTV / 70.0%

$236,775 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Richmond. This colonial-style home features a private rear deck and yard, as well as a garage and scuttle attic. Located in the capital of Virginia, the residence enjoys a culture of rich history, stunning architecture, and a thriving arts scene.

Duplex

Norfolk, VA

Loan Amount / $172,550
Rate / 9.875%

Purpose / Cash-Out Refinance
LTV / 70.0%

$172,550 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Norfolk. The duplex has two units each featuring two bedrooms and one bathroom. Located approximately 3.5 miles from downtown Norfolk, this property has easy access to major employment, public transportation, entertainment, and restaurants.

Quadruplex

Suffolk, VA

Loan Amount / $210,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 70.0%

$210,000 Virginia DSCR Rental Loan for a Cash-Out Refinance of a rental property in Suffolk. Three out of the four units feature one bedroom and one bathroom, while one unit features two bedrooms and one bathroom. This property is less than two miles away from the Suffolk Golf Course and entrances to the Westhaven Lakes.

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