CoreVest Finance for Virginia investors
CoreVest Finance is a direct DSCR lender specializing in portfolio and blanket loans across multiple properties. Minimum credit score is 620 with a 0.80 minimum DSCR. Loan sizes run $75,000 to $3,000,000 with a maximum 80% LTV. Licensed in 46 states.
Virginia context
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA).
How CoreVest Finance positions in Virginia
For Virginia specifically, CoreVest Finance fits investors who match the hard money approach. The medium cash flow profile of Virginia aggregate makes it workable for CoreVest Finance.
City-level coverage in Virginia
CoreVest Finance provides DSCR coverage across Virginia metros including Virginia Beach, Richmond, and Norfolk. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. CoreVest Finance program terms apply uniformly across Virginia metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | $75K - $3.0M |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Virginia property tax | 0.9% |
| Virginia state income tax | 5.75% |
CoreVest Finance strengths in Virginia
- Portfolio and blanket loan specialist
- Direct lender
- Licensed in 46 states
- Loan sizes from $75K to $3M
Ideal borrower: Investor financing a multi-property portfolio or blanket loan rather than a single asset.
FAQ
Yes, operates nationally including Virginia. CoreVest Finance is based in an undisclosed location and operates nationally.
Virginia Beach is the top investor market in Virginia and falls within CoreVest Finance national coverage. Virginia Beach property tax follows the Virginia state rate of 0.9 percent. CoreVest Finance typically underwrites Virginia Beach acquisitions at standard rate sheets.
Yes. Richmond ranks among the larger Virginia investor metros and sees consistent DSCR loan volume from CoreVest Finance. Submarket variation within Richmond matters for property selection.
CoreVest Finance applies the same rate sheet across Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Virginia Beach, Richmond, and Norfolk all qualify for the same CoreVest Finance program.
CoreVest Finance does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA). CoreVest Finance follows standard business-purpose loan structures.
CoreVest Finance funds rental DSCR in Virginia.
Virginia allows standard DSCR prepay structures; CoreVest Finance typically uses 3-5 year step down.
CoreVest Finance typical close: Not publicly published.
Bottom line
CoreVest Finance in 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 CoreVest Finance.