Virginia’s commercial real estate market is diverse and resilient, anchored by Northern Virginia’s massive defense and tech contractor economy — one of the largest in the world. Richmond has emerged as a strong multifamily and mixed-use market, while Hampton Roads’ military-driven economy creates consistent commercial demand. The Shenandoah Valley and Southwest Virginia offer value-add opportunities at significantly lower price points.
Commercial Loans of Texas is a direct lender headquartered in Magnolia, TX, serving Virginia and 43 other states nationwide. We make our own credit decisions — no broker, no middleman, no surprises at closing. Our borrowers in Virginia typically close in 5–15 business days.
Commercial Loan Programs Available in Virginia
We offer every major commercial loan program in Virginia, from fast hard money loans to long-term 30-year fixed financing. Most programs require no tax returns and no upfront fees.
- Hard Money Loans — Asset-based lending up to 70% LTV. No income docs. Close in 5–10 business days. Ideal for acquisitions, fix-and-flip, and value-add commercial properties in Virginia.
- DSCR Loans — Qualify on the property’s rental income, not your W-2 or tax returns. Great for investment properties and landlords across Virginia.
- Stated Income Commercial Loans — No tax returns required on most programs. Built for self-employed borrowers, business owners, and investors in Virginia.
- SBA 7(a) and SBA 504 Loans — Government-backed financing for owner-occupied commercial real estate and business acquisitions. Available statewide in Virginia.
- Bridge Loans — Short-term capital to close quickly while permanent financing is arranged. Common in competitive Virginia markets.
- Construction Loans — Ground-up construction and major renovation financing for commercial projects throughout Virginia.
- Multifamily Loans — 5+ unit apartment financing with competitive rates, available in every market in Virginia.
- 30-Year Fixed Commercial Loans — Long-term, fixed-rate commercial financing for stabilized investment properties.
Property Types We Finance in Virginia
- Office buildings and medical office
- Retail strip centers and single-tenant NNN properties
- Industrial, warehouse, and flex space
- Multifamily (5+ units) and mixed-use buildings
- Self-storage facilities
- Hotels, motels, and short-term rental properties
- Church and faith-based properties
- Special use and non-warrantable properties
- Land and ground-up development
Loan Terms for Virginia Borrowers
| Feature | Details |
|---|---|
| Loan Amounts | $150,000 – $5,000,000+ |
| Max LTV | Up to 70–75% depending on program |
| Loan Term | 12 months to 30 years |
| Income Docs | None required on most programs |
| Min Credit Score | 600+ (some programs lower) |
| Closing Time | 5–15 business days typical |
| Upfront Fees | None |
| States | 43 states including Virginia |
Cities We Serve in Virginia
We lend on commercial properties throughout Virginia, including Virginia Beach, Norfolk, Chesapeake, Richmond, Arlington. If the property is in Virginia — urban, suburban, or rural — we can structure a loan for it. Contact us for a same-day quote regardless of location within the state.
Why Virginia Borrowers Choose Us Over Local Banks
Local banks in Virginia are often slow, require mountains of documentation, and reject borrowers who don’t fit a narrow qualification box. We work differently.
- Direct lender since 1998 — We fund our own loans. No brokers, no referral fees passed to you, no committee approval delays.
- Same-day response — Submit your deal and hear back from a decision maker within hours, not days or weeks.
- No upfront fees — We never charge application fees, processing fees, or due diligence fees before closing.
- No tax returns on most programs — We qualify based on the asset and its income, not your personal tax history.
- Fast closings — Most Virginia commercial loans close in 5–15 business days from application to funding.
- Common-sense underwriting — We look at the deal, not just the borrower’s credit file. If the property makes sense, we find a way to fund it.
Frequently Asked Questions — Commercial Loans in Virginia
Do I need a Virginia business entity to get a commercial loan?
No. You can borrow as an individual, LLC, corporation, or partnership. Most investors use an LLC for liability protection, but it is not required to qualify. We lend to all entity types in Virginia.
How fast can you close a commercial loan in Virginia?
Most Virginia commercial loans close in 5–15 business days from application to funding, depending on the program and how quickly the appraisal is completed. Hard money loans can sometimes close in as little as 5 business days. We provide a same-day term sheet so you know exactly where you stand.
What Commercial Loan Programs Are Most Used in Virginia?
DSCR loans are very popular in Virginia for multifamily and investment property portfolios, particularly in Northern Virginia and Richmond. Hard money and bridge loans are used for value-add acquisitions in competitive markets. SBA loans are common for Virginia’s large government contractor and small business community.
What is the minimum loan amount for commercial loans in Virginia?
Our minimum loan amount is $150,000 for commercial properties in Virginia. There is no maximum — we have closed loans well above $5 million. For deals under $150,000, we can sometimes make exceptions depending on the property type and location.
Ready to get a commercial loan in Virginia? Apply online here or call us at 877-895-3634. Same-day response, no credit pull, no upfront fees. We have been closing commercial loans since 1998 and we know how to get difficult deals done.
Commercial Loans by City in Virginia
We lend in every market in Virginia. Here is an overview of our activity in the state’s major commercial real estate markets.
Commercial Loans in Virginia Beach, Virginia
Virginia Beach is Virginia’s largest city and a major military and tourism market, with consistent commercial demand across hospitality, retail, and multifamily sectors. The Oceanfront strip and Town Center are the most active commercial submarkets. DSCR and hard money loans are popular for Virginia Beach’s active investor community.
Commercial Loans in Norfolk, Virginia
Norfolk is the center of the world’s largest naval station, creating enormous and stable commercial demand anchored by military spending. Retail, multifamily, and hospitality properties near the base and downtown Norfolk are consistently occupied. Bridge and SBA loans are popular for Norfolk’s strong small business and investor community.
Commercial Loans in Chesapeake, Virginia
Chesapeake is one of the fastest-growing commercial markets in Hampton Roads, with significant retail, industrial, and multifamily development along the Greenbrier and Great Bridge corridors. DSCR loans are widely used for Chesapeake’s investment property market.
Commercial Loans in Richmond, Virginia
Richmond is Virginia’s state capital and an emerging tech and financial services hub, with a revitalizing downtown and strong multifamily demand driven by VCU, a large state government workforce, and corporate relocations. Scott’s Addition and the Fan District are hotbeds for mixed-use and retail investment. Hard money and bridge loans are widely used in Richmond’s active market.
Commercial Loans in Arlington, Virginia
Arlington is Northern Virginia’s urban commercial hub, directly across the Potomac from Washington D.C. and home to the Pentagon and Amazon’s HQ2. Class A office, luxury multifamily, and retail along the Rosslyn-Ballston corridor command premium rents. Bridge and hard money loans are essential tools in Arlington’s intensely competitive market.