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Virginia Rental Loans

The Most Reliable Virginia Rental Loans

Asset Based Lending listened to borrower requests and is now offering term rental loans for 1-4 family properties in Virginia. These rental loans are for buy and hold investors that want to purchase Virginia rental property and hold it as an income-producing asset. Our rental loans start with interest rates as low as 4% and leverage up to 80% LTV, making them some of the most competitive rental loans on the market. We offer a variety of loan options to meet your needs including 30-year amortizing, ARM, or interest-only options.

With our unique capital structure and flexible underwriting, ABL can offer single rental loans up to $3M and rental portfolio loans up to $6.25M. There is no experience requirement to be approved for these loans, as we assess each Virginia investment property based on its income-producing viability. We partner with only the best local appraisers, attorneys, and title agents to deliver five-star service to our borrowers from start to finish. If you’re a real estate investor looking for rental loans in Virginia, contact us today.

VA Rental Loan Highlights

  • No personal income verification
  • Light doc program
  • Portfolio loans available
  • 30 year, ARM, I/O options
  • Rates as low as 6.875%
  • Up to 80% LTV
  • 660 minimum credit score
  • Close term rental loan in 30 days

ABL Is Ready With The Most Reliable Rental Property Financing In Virginia.

The Premier Lender For Rental Loans In Virginia

Lending Options

With our arsenal of rental property loans, investors know we can get them into the program that fits their needs. Max Cash Out? Lowest Rate? Highest LTV? We have you covered.

No Broker Fee

ABL isn’t brokering your loans, so you’ll never pay us broker fees. We’re a direct lender that underwrites, processes, and funds in house.

Peace of Mind

Our team of specialists will structure and pre-approve your rental property refinance while we’re closing your fix and flip loan, so you can rest easy knowing your exit strategy is ready.

Competitive Rates & LTVs

With rates between 4%–8% and LTVs as high as 80%, our cash out refinance programs for rental properties are as aggressive as you’ll find in market.

Flexible Underwriting

These programs were built by investors, for investors. We underwrite to the profitability of the project, and reduce documentation needs as much as possible.

The ABL Difference

Expert advice, access to decision-makers, speed, and reliability; the service you’ve come to expect from the ABL team.

Virginia Rental Market Statistics

Virginia has spent the last few years becoming one of the most stable rental property markets in the country. With the mix of urban, suburban, and rural living options, Virginia offers affordable entry for renters and real estate investors alike. According to Neighborhood Scout, over 35% of the population rents in the state, so finding renters to fill property and maintain monthly income generation is simple enough. Low inventory continues to drive prices upwards- August of 2020 saw a 27% increase in northern Virginia’s real estate market dollar volume, showing a market that’s heating up and rewarding investors that can secure a good deal quickly.

Virginia Beach is being praised as one of the most predictable and stable property market investments in the country, letting investors truly benefit from growing their rental portfolio in the area. Being the largest city in the state with an unemployment rate of only 3.3%, lower than the national average brings in a lot of potential renters, making it a steady option for investors due to a constant supply of renters being available. This state is developing a highly competitive real estate market, especially with rental property, so you need a lender that’s ready to work as hard as you. Asset Based Lending offers the fastest and most reliable loans in the entire state, allowing us to help investors secure deals and grow their rental portfolio. If you’re ready to acquire Virginia rental property or refinance rental property, then contact us today.

Rental Loans For The BRRRR Method In Virginia

If you’re looking to grow your rental portfolio quickly and invest in a long-term financial future, then you’ve probably heard of the BRRRR method. It’s a simple acronym that stands for buy, rehab, rent, refinance, repeat. Some investors just want to own one or two rental properties to generate a small amount of monthly income, but those that want to make their living off the monthly income need to put in extra time and energy that comes with extra financial rewards. By buying the property and renovating it, you increase its property value and therefore raise the potential rent you can bring in from the asset. Then, by refinancing the property, you can use the newly available funds to purchase your next rental property and repeat the process, growing your rental portfolio faster and forcing a quicker turnaround to become cashflow positive.

Asset Based Lending are ready to help serious investors use the BRRRR strategy to grow their rental portfolio and reach their financial goals. Whether you need a rental loan with the maximum LTV, lowest possible rates, no income verification loan, or something else, our flexible underwriting can tailor a loan to meet your specific project. If you’re wondering how to get a loan for rental property, Asset Based Lending is ready to talk. Contact us today to experience the most reliable Virginia rental loans available.

Why Investors Choose Asset Based Lending For Rental Loans

Asset Based Lending understands the needs of real estate investors: they need reliable financing, and they need it fast to edge out the competition and secure their next successful investment. ABL has designed our rental loan program to be as quick and simple as possible, handing your loan from start to finish and closing your deal in under 30 days. Our flexible loan options allow borrowers to plan their lending around their financial goals, using our funding to grow their real estate business.

ABL brought the term rental loans in-house to ensure our borrowers receive a five-star experience from beginning to end of their loan cycle. With hundreds of verified five-star reviews and more than half of our borrowers being repeat borrowers, real estate investors know that Asset Based Lending is the best choice for rental loans. If you’re a BRRRR investor looking to purchase your next buy and hold property, contact us today.