FundLoans for Virginia investors
FundLoans is a broker-only DSCR lender with a $200,000 minimum and $6,000,000 maximum loan size — the largest maximum among the lenders added to this directory in September 2026. Minimum credit score is 660 with a 0.75 minimum DSCR. Maximum LTV is 80% on purchase/rate-term and 75% on cash-out refinance. The company does not publish rate or state-coverage figures in the sources reviewed.
Virginia context
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA).
How FundLoans positions in Virginia
Within Virginia, FundLoans competes alongside other DSCR lenders. FundLoans strengths: Largest maximum loan size among the lenders added to this directory in September 2026 ($6,000,000), Broker-only origination. The medium aggregate DSCR economics of Virginia create demand for FundLoans programs in Virginia Beach and Richmond particularly.
City-level coverage in Virginia
FundLoans 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. FundLoans 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 | $200K - $6.0M |
| 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% |
FundLoans strengths in Virginia
- Largest maximum loan size among the lenders added to this directory in September 2026 ($6,000,000)
- Broker-only origination
- 0.75 minimum DSCR
- 75% LTV on cash-out refinance
Ideal borrower: Broker-originated borrower financing a large-balance DSCR loan up to $6,000,000.
FAQ
Likely; verify direct Virginia coverage. FundLoans is based in an undisclosed location and operates in states not publicly disclosed.
Virginia Beach is the top investor market in Virginia and is generally within FundLoans states not publicly disclosed footprint. Virginia Beach property tax follows the Virginia state rate of 0.9 percent. FundLoans 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 FundLoans. Submarket variation within Richmond matters for property selection.
FundLoans 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 FundLoans program.
FundLoans 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). FundLoans follows standard business-purpose loan structures.
FundLoans funds rental DSCR in Virginia.
Virginia allows standard DSCR prepay structures; FundLoans typically uses 3-5 year step down.
FundLoans typical close: Not publicly published.
Bottom line
For Virginia DSCR borrowers, FundLoans is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with FundLoans.