A&D Mortgage for West Virginia investors
A&D Mortgage offers a no-ratio DSCR program with an effective 0.00 minimum DSCR, though deals below 1.0 DSCR require a 680+ credit score (the general minimum is 620). Maximum LTV is 80%. The company does not publish minimum/maximum loan size, rate, or state-coverage figures in the sources reviewed.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How A&D Mortgage positions in West Virginia
Within West Virginia, A&D Mortgage competes alongside other DSCR lenders. A&D Mortgage strengths: No-ratio DSCR program (0.00 minimum DSCR), Broker-only origination. The high aggregate DSCR economics of West Virginia create demand for A&D Mortgage programs in Charleston and Morgantown particularly.
City-level coverage in West Virginia
A&D Mortgage provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. A&D Mortgage program terms apply uniformly across West Virginia metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
A&D Mortgage strengths in West Virginia
- No-ratio DSCR program (0.00 minimum DSCR)
- Broker-only origination
- Maximum 80% LTV
- 620 minimum credit score, though sub-1.0 DSCR deals need 680+
Ideal borrower: Broker-originated borrower using a no-ratio DSCR program, or a borrower with 680+ credit for a sub-1.0 DSCR deal.
FAQ
Likely; verify direct West Virginia coverage. A&D Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Charleston is the top investor market in West Virginia and is generally within A&D Mortgage states not publicly disclosed footprint. Charleston property tax follows the West Virginia state rate of 0.6 percent. A&D Mortgage typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from A&D Mortgage. Submarket variation within Morgantown matters for property selection.
A&D Mortgage applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington all qualify for the same A&D Mortgage program.
A&D Mortgage does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
West Virginia deep cash flow market. Low entry prices. A&D Mortgage follows standard business-purpose loan structures.
A&D Mortgage funds rental DSCR in West Virginia.
West Virginia allows standard DSCR prepay structures; A&D Mortgage typically uses 3-5 year step down.
A&D Mortgage typical close: Not publicly published.
Bottom line
A&D Mortgage in West Virginia works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with A&D Mortgage.