Metro area · VA
Lenders in Lynchburg, VA
23 lenders made 55 multifamily loans in the Lynchburg, VA metro area in 2024 and 2025, $421.6M in all. Freedom First Credit Union made the most, with 10. The typical loan was about $900K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 23
- HMDA,
- Multifamily loans, 2024-25
- 55
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $422M
- HMDA,
- Typical loan
- $900K
- HMDA,
Cite this
Source: The Lender Report, Lenders in Lynchburg, VA, https://lender.report/lenders-in/lynchburg-va/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| Freedom First Credit Union multifamily record | Credit union | Roanoke, VA | 10 | $11.5M | 7 | 3 |
| Bank of America, National Association multifamily record | Bank | Charlotte, NC | 5 | $246M | 5 | 0 |
| Select Bank multifamily record | Bank | Forest, VA | 5 | $7.30M | 2 | 3 |
| The First Bank and Trust Company multifamily record | Bank | Lebanon, VA | 4 | $3.40M | 2 | 2 |
| United Bank multifamily record | Bank | Fairfax, VA | 3 | $7.20M | 0 | 3 |
| Carter Bank & Trust multifamily record | Bank | Martinsville, VA | 3 | $4.40M | 0 | 3 |
| Pinnacle Bank multifamily record | Bank | Nashville, TN | 3 | $2.94M | 3 | 0 |
| Skyline National Bank multifamily record | Bank | Independence, VA | 3 | $2.16M | 0 | 3 |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 2 | $33.0M | 2 | 0 |
| The Bank of Charlotte County multifamily record | Bank | Phenix, VA | 2 | $2.20M | 0 | 2 |
| First National Bank multifamily record | Bank | Altavista, VA | 2 | $720K | 1 | 1 |
| Truist Bank multifamily record | Bank | Charlotte, NC | 1 | $36.0M | 1 | 0 |
| Lument Structured Finance LLC multifamily record | Non-bank | Columbus, OH | 1 | $29.0M | 0 | 1 |
| Coastal Credit Union multifamily record | Credit union | Raleigh, NC | 1 | $20.0M | 1 | 0 |
| Berkadia Commercial Mortgage multifamily record | Non-bank | Ambler, PA | 1 | $9.50M | 0 | 1 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Lynchburg city, VA | 25 | $173M | 13 |
| Campbell County, VA | 18 | $119M | 10 |
| Bedford County, VA | 4 | $108M | 4 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 29 |
| $1M to $2.5M | 10 |
| $2.5M to $5M | 4 |
| $5M to $10M | 2 |
| $10M or more | 10 |
- Lenders made 55 multifamily loans totaling $421.6M in Lynchburg, VA in 2024 and 2025. HMDA,
- 1 of these loans was made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 27 of the loans were made in 2025 and 28 in 2024. HMDA,
- The typical loan in Lynchburg, VA was about $900K, with the middle half between $680K and $3M. HMDA,
- 29 of the loans were under $1M, and 12 were $5M or more. HMDA,
- Lenders reported a median rate of 6.75% on 41 loans in Lynchburg, VA, with the middle half between 6.38% and 7.25%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 67%. HMDA,
- 55% of the loans were refinancings and 36% were purchases. HMDA,
- Banks and savings institutions made 36 of the loans, credit unions 12, and non-banks 6. HMDA,
- The five most active lenders made 49.1% of the loans. HMDA,
- The three most active lenders were Freedom First Credit Union with 10, Bank of America, National Association with 5, and Select Bank with 5. HMDA,
- 13 of the 23 lenders are based in Virginia. The rest are based elsewhere, most often in North Carolina, Pennsylvania and California. HMDA,
- The most common property size was 5 to 24 units, with 38 loans. HMDA,
- 3 counties in the metro area have loans on record, and Lynchburg city, VA has the most, with 25. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Lynchburg, VA metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.