Metro area · VA
Lenders in Virginia Beach, VA-NC
56 lenders made 244 multifamily loans in the Virginia Beach-Chesapeake-Norfolk, VA-NC metro area in 2024 and 2025, $2.5B in all. Bayport Credit Union made the most, with 33. The typical loan was about $2.4M.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 56
- HMDA,
- Multifamily loans, 2024-25
- 244
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $2.54B
- HMDA,
- Typical loan
- $2.4M
- HMDA,
Cite this
Source: The Lender Report, Lenders in Virginia Beach, VA-NC, https://lender.report/lenders-in/virginia-beach-va-nc/, 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 |
|---|---|---|---|---|---|---|
| Bayport Credit Union multifamily record | Credit union | Newport News, VA | 33 | $35.2M | 18 | 15 |
| Atlantic Union Bank multifamily record | Bank | Richmond City, VA | 18 | $70.6M | 9 | 9 |
| Berkadia Commercial Mortgage multifamily record | Non-bank | Ambler, PA | 16 | $316M | 10 | 6 |
| TowneBank multifamily record | Bank | Portsmouth, VA | 14 | $142M | 9 | 5 |
| Lument Real Estate Capital multifamily record | Non-bank | Columbus, OH | 11 | $126M | 6 | 5 |
| Southern Bank and Trust Company multifamily record | Bank | Mount Olive, NC | 11 | $6.55M | 9 | 2 |
| Virginia Credit Union multifamily record | Credit union | Richmond, VA | 10 | $44.6M | 7 | 3 |
| PNC Bank, National Association multifamily record | Bank | Wilmington, DE | 9 | $186M | 6 | 3 |
| Arbor Realty Trust, Inc. multifamily record | Non-bank | Uniondale, NY | 9 | $178M | 0 | 9 |
| 1st Advantage Credit Union multifamily record | Credit union | Newport News, VA | 9 | $49.6M | 7 | 2 |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 7 | $144M | 3 | 4 |
| Greystone Servicing Corporation, Inc. multifamily record | Non-bank | Memphis, TN | 6 | $74.8M | 2 | 4 |
| ServisFirst Bank multifamily record | Bank | Birmingham, AL | 6 | $6.10M | 5 | 1 |
| PGIM Real Estate Agency Financing, LLC multifamily record | Non-bank | Dallas, TX | 5 | $147M | 4 | 1 |
| Chesapeake Bank multifamily record | Bank | Kilmarnock, VA | 5 | $9.18M | 3 | 2 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Norfolk city, VA | 98 | $321M | 31 |
| Virginia Beach city, VA | 32 | $720M | 15 |
| Newport News city, VA | 26 | $273M | 20 |
| Portsmouth city, VA | 18 | $52.2M | 13 |
| Chesapeake city, VA | 17 | $130M | 11 |
| Hampton city, VA | 14 | $127M | 9 |
| Suffolk city, VA | 10 | $115M | 9 |
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 | 80 |
| $1M to $2.5M | 43 |
| $2.5M to $5M | 32 |
| $5M to $10M | 25 |
| $10M or more | 64 |
- Lenders made 244 multifamily loans totaling $2.5B in Virginia Beach, VA-NC 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,
- 142 of the loans were made in 2025 and 102 in 2024. HMDA,
- The typical loan in Virginia Beach, VA-NC was about $2.4M, with the middle half between $740K and $10M. HMDA,
- 80 of the loans were under $1M, and 89 were $5M or more. HMDA,
- Lenders reported a median rate of 6.50% on 230 loans in Virginia Beach, VA-NC, with the middle half between 5.87% and 7.25%. HMDA,
- The median term was 7 years. HMDA,
- The median loan to value was 65%. HMDA,
- 53% of the loans were refinancings and 36% were purchases. HMDA,
- Banks and savings institutions made 98 of the loans, credit unions 60, and non-banks 85. HMDA,
- The five most active lenders made 37.7% of the loans. HMDA,
- The three most active lenders were Bayport Credit Union with 33, Atlantic Union Bank with 18, and Berkadia Commercial Mortgage with 16. HMDA,
- 15 of the 56 lenders are based in Virginia. The rest are based elsewhere, most often in Pennsylvania, California and Maryland. HMDA,
- The most common property size was 5 to 24 units, with 116 loans. HMDA,
- 7 counties in the metro area have loans on record, and Norfolk city, VA has the most, with 98. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Virginia Beach, VA-NC 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.