Dominion Financial Services for Delaware investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Delaware context
Delaware low property tax. Strongest LLC formation state — many investor LLCs registered here even for properties in other states. Strong corporate-anchored DSCR.
How Dominion Financial Services positions in Delaware
For Delaware specifically, Dominion Financial Services fits investors who match the hard money approach. The medium cash flow profile of Delaware aggregate makes it workable for Dominion Financial Services.
City-level coverage in Delaware
Dominion Financial Services provides DSCR coverage across Delaware metros including Wilmington, Dover, and Delaware. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across Delaware metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| Delaware property tax | 0.6% |
| Delaware state income tax | 6.6% |
Dominion Financial Services strengths in Delaware
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Delaware. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Wilmington is the top investor market in Delaware and falls within Dominion Financial Services national coverage. Wilmington property tax follows the Delaware state rate of 0.6 percent. Dominion Financial Services typically underwrites Wilmington acquisitions at standard rate sheets.
Yes. Dover ranks among the larger Delaware investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within Dover matters for property selection.
Dominion Financial Services applies the same rate sheet across Delaware metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Wilmington, Dover, and Delaware all qualify for the same Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Delaware low property tax. Strongest LLC formation state — many investor LLCs registered here even for properties in other states. Strong corporate-anchored DSCR. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Delaware.
Delaware allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
For Delaware DSCR borrowers, Dominion Financial Services is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.