Dominion Financial Services for Virginia investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Virginia context
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA).
How Dominion Financial Services positions in Virginia
For Virginia specifically, Dominion Financial Services fits investors who match the hard money approach. The medium cash flow profile of Virginia aggregate makes it workable for Dominion Financial Services.
City-level coverage in Virginia
Dominion Financial Services 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. Dominion Financial Services program terms apply uniformly across Virginia 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 |
| Virginia property tax | 0.9% |
| Virginia state income tax | 5.75% |
Dominion Financial Services strengths in Virginia
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Virginia. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Virginia Beach is the top investor market in Virginia and falls within Dominion Financial Services national coverage. Virginia Beach property tax follows the Virginia state rate of 0.9 percent. Dominion Financial Services 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 Dominion Financial Services. Submarket variation within Richmond matters for property selection.
Dominion Financial Services 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 Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA). Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Virginia.
Virginia 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
Virginia investors considering Dominion Financial Services should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.