--- title: Multifamily Lenders in Virginia: 142 Made Loans in 2024-25 url: https://lender.report/multifamily-lenders/virginia/ license: https://lender.report/license/ --- Multifamily ยท VA # Multifamily lenders in Virginia 142 lenders made at least one multifamily loan in Virginia in 2024 or 2025. Wells Fargo Bank, National Association made the most in 2025, with 32 of the 599 on record. **Evidence** Lender made at least one multifamily loan in Virginia in 2024 or 2025 (HMDA, manufactured-home parks excluded) **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 142 HMDA, 2025 **Multifamily loans, 2025** 599 HMDA, 2025 Manufactured-home parks excluded **Dollars, 2025** $10.0B HMDA, 2025 **Loans, 2024** 445 HMDA, 2024 +34.6% in 2025 Cite this Source: The Lender Report, Multifamily lenders in Virginia, https://lender.report/multifamily-lenders/virginia/, data as of December 31, 2025. ## Describe a deal in Virginia See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show multifamily loans in Virginia](https://lender.report/comps/?lane=multifamily&state=VA)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | 2025 loans | 2025 dollars | 2024 loans | | --- | --- | --- | --- | --- | --- | | [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 32 | $2.42B | 6 | | [Berkeley Point Capital LLC](https://lender.report/lender/berkeley-point-capital-ma/) [multifamily record](https://lender.report/lender/berkeley-point-capital-ma/multifamily/) | Non-bank | Boston, MA | 30 | $1.03B | 13 | | [Atlantic Union Bank](https://lender.report/lender/atlantic-union-bank-va/) [multifamily record](https://lender.report/lender/atlantic-union-bank-va/multifamily/) | Bank | Richmond City, VA | 29 | $65.3M | 24 | | [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 26 | $531M | 23 | | [Freedom First Credit Union](https://lender.report/lender/freedom-first-credit-union-va/) [multifamily record](https://lender.report/lender/freedom-first-credit-union-va/multifamily/) | Credit union | Roanoke, VA | 24 | $31.6M | 10 | | [Bayport Credit Union](https://lender.report/lender/bayport-credit-union-va/) [multifamily record](https://lender.report/lender/bayport-credit-union-va/multifamily/) | Credit union | Newport News, VA | 18 | $14.5M | 15 | | [Skyline National Bank](https://lender.report/lender/skyline-national-bank-va/) [multifamily record](https://lender.report/lender/skyline-national-bank-va/multifamily/) | Bank | Independence, VA | 18 | $40.2M | 11 | | [First Bank](https://lender.report/lender/first-bank-va/) [multifamily record](https://lender.report/lender/first-bank-va/multifamily/) | Bank | Strasburg, VA | 15 | $23.1M | 12 | | [The National Bank of Blacksburg](https://lender.report/lender/national-bank-of-blacksburg-va/) [multifamily record](https://lender.report/lender/national-bank-of-blacksburg-va/multifamily/) | Bank | Blacksburg, VA | 15 | $22.1M | 6 | | [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) [multifamily record](https://lender.report/lender/walker-and-dunlop-md/multifamily/) | Non-bank | Bethesda, MD | 14 | $319M | 15 | | [Carter Bank & Trust](https://lender.report/lender/carter-bank-and-trust-va/) [multifamily record](https://lender.report/lender/carter-bank-and-trust-va/multifamily/) | Bank | Martinsville, VA | 14 | $54.2M | 13 | | [Virginia Credit Union](https://lender.report/lender/virginia-credit-union-va/) [multifamily record](https://lender.report/lender/virginia-credit-union-va/multifamily/) | Credit union | Richmond, VA | 13 | $51.6M | 12 | | [PGIM Real Estate Agency Financing, LLC](https://lender.report/lender/pgim-real-estate-agency-financing-tx/) [multifamily record](https://lender.report/lender/pgim-real-estate-agency-financing-tx/multifamily/) | Non-bank | Dallas, TX | 13 | $395M | 2 | | [New Peoples Bank, Inc.](https://lender.report/lender/new-peoples-bank-va/) [multifamily record](https://lender.report/lender/new-peoples-bank-va/multifamily/) | Bank | Honaker, VA | 13 | $10.4M | 2 | | [TowneBank](https://lender.report/lender/townebank-va/) [multifamily record](https://lender.report/lender/townebank-va/multifamily/) | Bank | Portsmouth, VA | 12 | $117M | 8 | | [PNC Bank, National Association](https://lender.report/lender/pnc-bank-de/) [multifamily record](https://lender.report/lender/pnc-bank-de/multifamily/) | Bank | Wilmington, DE | 11 | $443M | 6 | | [Virginia National Bank](https://lender.report/lender/virginia-national-bank-va/) [multifamily record](https://lender.report/lender/virginia-national-bank-va/multifamily/) | Bank | Charlottesville, VA | 11 | $26.4M | 6 | | [NewPoint Real Estate Capital](https://lender.report/lender/newpoint-real-estate-capital-tx/) [multifamily record](https://lender.report/lender/newpoint-real-estate-capital-tx/multifamily/) | Non-bank | Plano, TX | 10 | $1.19B | 7 | | [Bank of Botetourt](https://lender.report/lender/bank-of-botetourt-va/) [multifamily record](https://lender.report/lender/bank-of-botetourt-va/multifamily/) | Bank | Buchanan, VA | 10 | $8.86M | 5 | | [Burke & Herbert Bank & Trust Company](https://lender.report/lender/burke-and-herbert-bank-and-trust-va/) [multifamily record](https://lender.report/lender/burke-and-herbert-bank-and-trust-va/multifamily/) | Bank | Alexandria, VA | 10 | $34.7M | 2 | | [The First Bank and Trust Company](https://lender.report/lender/first-bank-and-trust-va/) [multifamily record](https://lender.report/lender/first-bank-and-trust-va/multifamily/) | Bank | Lebanon, VA | 9 | $9.85M | 8 | | [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 9 | $131M | 7 | | [Pioneer Bank](https://lender.report/lender/pioneer-bank-va/) [multifamily record](https://lender.report/lender/pioneer-bank-va/multifamily/) | Bank | Stanley, VA | 9 | $12.0M | 2 | | [Southern Bank and Trust Company](https://lender.report/lender/southern-bank-and-trust-nc/) [multifamily record](https://lender.report/lender/southern-bank-and-trust-nc/multifamily/) | Bank | Mount Olive, NC | 9 | $5.86M | 2 | | [Citizens and Farmers Bank](https://lender.report/lender/citizens-and-farmers-bank-va/) [multifamily record](https://lender.report/lender/citizens-and-farmers-bank-va/multifamily/) | Bank | West Point, VA | 7 | $8.46M | 9 | HMDA, 2025 [See all 142 multifamily lenders in Virginia in Loan Comps](https://lender.report/comps/?lane=multifamily&state=VA) - Lenders made 599 multifamily loans totaling $10B in Virginia in 2025, up from 445 loans totaling $6.8B in 2024. HMDA, 2025 - 16 of these loans (2024 and 2025) were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. HMDA, 2025 - Banks and savings institutions made 347 of the 2025 loans, credit unions 80, and non-banks 167. HMDA, 2025 - The five most active lenders made 23.5% of Virginia's multifamily loans in 2025. HMDA, 2025 - Wells Fargo Bank, National Association made the most multifamily dollars in Virginia in 2025, at $2.4B. HMDA, 2025 - 45 of these lenders are based in Virginia. HMDA, 2025 - 31 lenders made a loan in Virginia in 2025 and none in 2024. HMDA, 2025 - 20 lenders made 10 or more loans in Virginia in 2025. HMDA, 2025 - The typical multifamily loan in Virginia was about $1.7M, with the middle half between $660K and $12M. HMDA, 2025 - Lenders reported a median rate of 6.50% on 770 loans in Virginia, with the middle half between 5.66% and 7.24%. HMDA, 2025 - The median term in Virginia was 7 years. HMDA, 2025 - 46% of multifamily loans in Virginia were refinancings. HMDA, 2025 - Most recorded loans in Virginia were in Norfolk city, VA (98), Richmond city, VA (76), Roanoke city, VA (58). HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in Virginia **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in Virginia, manufactured-home parks excluded. A lender is listed if it made at least one. **Order** Largest first by loans made in 2025, then loans in 2024, then dollars in 2025, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Data** [JSON version of this list](https://lender.report/rankings/multifamily-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. Multifamily loans finance buildings with five or more homes. HMDA is the one public file that lists them loan by loan. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. Each lender is counted only where the public file places the loan. 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](https://lender.report/report/) 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.