County · VA

Multifamily lenders in Richmond city, VA

29 lenders made 76 multifamily loans in Richmond city, VA in 2024 and 2025, $629.5M in all. Virginia National Bank made the most, with 13. The typical loan was about $1.7M. The county is part of the Richmond, VA metro area.

Evidence
Multifamily loans placed in the county, HMDA
Data as of
HMDA 2025
Page last changed
November 11, 2026
Lenders on record
29
HMDA,
Multifamily loans, 2024-25
76
HMDA,
Manufactured-home parks excluded
Dollars
$629M
HMDA,
Typical loan
$1.7M
HMDA,

Cite this

Source: The Lender Report, Multifamily lenders in Richmond city, VA, https://lender.report/lenders-in/virginia/richmond-city/, data as of December 31, 2025.

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Richmond city, VA multifamily lenders. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order.
LenderKindBased inLoansDollars2025 loans2024 loansTypical loan
Virginia National Bank multifamily recordBankCharlottesville, VA13$24.0M94$1.6M
Virginia Credit Union multifamily recordCredit unionRichmond, VA7$40.6M43$1.5M
First Bank multifamily recordBankStrasburg, VA5$6.08M32$260K
Atlantic Union Bank multifamily recordBankRichmond City, VA5$4.08M41$500K
Walker & Dunlop, LLC multifamily recordNon-bankBethesda, MD4$49.2M13$6.3M
Citizens and Farmers Bank multifamily recordBankWest Point, VA4$17.3M22$1.5M
Berkeley Point Capital LLC multifamily recordNon-bankBoston, MA3$99.0M30$24M
United Bank multifamily recordBankFairfax, VA3$4.30M12$1.1M
TowneBank multifamily recordBankPortsmouth, VA3$2.42M12$500K
Greystone Servicing Corporation, Inc. multifamily recordNon-bankMemphis, TN2$37.3M11$29M
M&T Realty Capital Corporation multifamily recordNon-bankBuffalo, NY2$30.0M02$15M
Burke & Herbert Bank & Trust Company multifamily recordBankAlexandria, VA2$4.50M20$2.3M
LendingOne LLC multifamily recordNon-bankBoca Raton, FL2$2.64M02$1.9M
Chesapeake Bank multifamily recordBankKilmarnock, VA2$2.52M11$1.6M
Fulton Bank, National Association multifamily recordBankLancaster, PA2$2.04M20$1.3M
Velocity Commercial Capital LLC multifamily recordNon-bankWestlake Village, CA2$900K20$640K
JPMorgan Chase Bank, National Association multifamily recordBankColumbus, OH1$180M01$180M
Truist Bank multifamily recordBankCharlotte, NC1$56.0M01$56M
EagleBank multifamily recordBankBethesda, MD1$25.0M01$25M
Wells Fargo Bank, National Association multifamily recordBankSioux Falls, SD1$11.0M10$11M
CBRE Multifamily Capital, Inc. multifamily recordNon-bankHouston, TX1$8.90M01$8.9M
Northmarq Capital Finance, L.L.C. multifamily recordNon-bankWashington, DC1$8.40M10$8.4M
Benchmark Community Bank multifamily recordBankKenbridge, VA1$4.30M01$4.3M
Loan Funder LLC multifamily recordNon-bankNew York, NY1$3.60M01$3.6M
Vallant Bank multifamily recordBankElberton, GA1$2.50M01$2.5M
SouthState Bank, National Association multifamily recordBankWinter Haven, FL1$1.60M01$1.6M
Primis BankBankTappahannock, VA1$1.50M01$1.5M
The Loan Store, Inc multifamily recordNon-bankTucson, AZ1$1.50M10$1.5M
A&D Mortgage LLC multifamily recordNon-bankFt. Lauderdale, FL1$520K10$520K
HMDA,

Check a deal in Richmond city, VA in Loan Comps

Loans by size in Richmond city, VA
Loan sizeLoansLenders
Under $1M2111
$1M to $2.5M2814
$2.5M to $5M97
$5M to $10M54
$10M or more1310
HMDA,
  • Lenders made 76 multifamily loans totaling $629.5M in Richmond city, VA in 2024 and 2025. HMDA,
  • 2 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
  • 40 of the loans were made in 2025 and 36 in 2024. HMDA,
  • The typical loan in Richmond city, VA was about $1.7M, with the middle half between $860K and $4.9M. HMDA,
  • 21 of the loans were under $1M, and 18 were $5M or more. HMDA,
  • Lenders reported a median rate of 6.56% on 48 loans in Richmond city, VA, with the middle half between 5.95% and 7.25%. HMDA,
  • The median term was 5 years. HMDA,
  • The median loan to value was 62%. HMDA,
  • 43% of the loans were refinancings and 45% were purchases. HMDA,
  • Banks and savings institutions made 47 of the loans, credit unions 7, and non-banks 20. HMDA,
  • The five most active lenders made 44.7% of the loans. HMDA,
  • The three most active lenders were Virginia National Bank with 13, Virginia Credit Union with 7, and First Bank with 5. HMDA,
  • 11 of the 29 lenders are based in Virginia. The rest are based elsewhere, most often in Florida, Maryland and New York. HMDA,
  • The most common property size was 5 to 24 units, with 47 loans. HMDA,
  • Richmond city, VA is part of the Richmond, VA metro area, which has its own page. OMB metro list,

How this list is defined

Measure
Multifamily loans made in Richmond city, VA
Period
2024 and 2025
Formula
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the county, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans in the county.
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.

SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them.

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.