OfferMarket for Virginia investors
OfferMarket is a direct DSCR lender with a 660 minimum credit score (680 preferred) and a 0.75 minimum DSCR. The maximum 80% LTV tier requires a 720+ credit score. The company does not publish minimum/maximum loan size, rate, or state-coverage figures in the sources reviewed.
Virginia context
Virginia steady DSCR. Military presence supports demand (Norfolk, JBSA).
How OfferMarket positions in Virginia
The Virginia lender pool for DSCR includes OfferMarket among the active platforms. Virginia top metros (Virginia Beach, Richmond, Norfolk) see meaningful OfferMarket loan volume.
City-level coverage in Virginia
OfferMarket 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. OfferMarket 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 | — - — |
| 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% |
OfferMarket strengths in Virginia
- 0.75 minimum DSCR
- Direct lender
- Maximum 80% LTV available at 720+ credit score
Ideal borrower: Investor with a 660+ credit score (720+ preferred for maximum 80% LTV) and at least 0.75 DSCR.
FAQ
Likely; verify direct Virginia coverage. OfferMarket 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 OfferMarket states not publicly disclosed footprint. Virginia Beach property tax follows the Virginia state rate of 0.9 percent. OfferMarket 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 OfferMarket. Submarket variation within Richmond matters for property selection.
OfferMarket 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 OfferMarket program.
OfferMarket 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). OfferMarket follows standard business-purpose loan structures.
OfferMarket funds rental DSCR in Virginia.
Virginia allows standard DSCR prepay structures; OfferMarket typically uses 3-5 year step down.
OfferMarket typical close: Not publicly published.
Bottom line
For Virginia DSCR borrowers, OfferMarket is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with OfferMarket.