2025 · Virginia
In 2025, 12,284 investment-property loans worth $3.6B were originated on single-family 1-4 unit homes in Virginia. Here's how those terms compared to the rest of the country.
Investor rate premium
88 bps
U.S. median: 76 bps
Denial rate
17.2%
U.S. median: 17.5%
DSCR / business-purpose
70%
U.S. median: 72%
Median LTV
74%
U.S. median: 74%
Since 2024 in Virginia
Rate premium
88 bps → 88 bps
0 bpsInvestor loans
10,397 → 12,284
+18.1%Denial rate
16.4% → 17.2%
+0.7 ptsDSCR / business-purpose
65% → 70%
+4.8 ptsInvestors in Virginia borrowed at a median rate of 7.25%, versus 6.375% for owner-occupants — a 88 bps premium that ranks 21st of 51 states.
Their applications were denied 17.2% of the time. The leading reasons for denial were collateral, debt-to-income ratio, other.
70% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 19% were cash-out refinances. The typical loan-to-value was 74%, implying about 26% down.
In 2025, the median investment-property loan in Virginia carried a rate of 7.25% versus 6.375% for an owner-occupant — a premium of 88 bps. That ranks 21st of 51 states (1 = highest premium).
17.2% of investment-property applications were denied in Virginia in 2025, the 24th-highest denial rate among the 51 states. The most common denial reasons were collateral, debt-to-income ratio, other.
70% of investor loans in Virginia were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (28th of 51). The median loan-to-value was 74%.
Source: CFPB / FFIEC HMDA combined Modified LAR (loan-level public dataset, early release), 2025. Single-family 1-4 unit, site-built loans; financed purchases only.