DSCR Financing in WV
DSCR Loans in West Virginia
Morgantown student rentals, Eastern Panhandle DC-spillover, and some of the cheapest entry prices in the country. West Virginia is a deep-yield specialty market.
Local Market Context
Investor Markets in West Virginia
Charleston
The state capital with affordable SFR cash flow and stable government tenants.
Morgantown
WVU student housing and some of the strongest rental demand in the state.
Huntington
Marshall University rentals and Ohio River workforce housing.
Martinsburg
Eastern Panhandle DC-commuter spillover with affordable entry.
Common Properties
What Investors Finance in West Virginia
- ✓Morgantown WVU student housing
- ✓Charleston SFR cash-flow rentals
- ✓Huntington Marshall-adjacent rentals
- ✓Martinsburg DC-commuter SFRs
- ✓Small multifamily in Morgantown
Property Types
DSCR Property Eligibility
Depending on the selected capital partner, eligible property types can include single-family rentals, condos, non-warrantable condos, 2 to 4 units, 5 to 8 units, 9 to 20 units, rural properties with leverage adjustments, and mixed-use properties that are at least 50% residential.
Refinance optionsPurchase optionsProgram Paths
Current DSCR Options in West Virginia
Get Brick Capital works direct-to-wholesale across multiple capital partners. These are separate program paths, so the strongest feature from one option should not be assumed to combine with another.
Program 3
Completed Rehab
A completed renovation can use the new ARV immediately. Minimum 660 FICO, $75,000 loan, $100,000 property value, and no executed lease required.
Program 1
Small Balance
Loans can start at $50,000 with a $75,000 minimum property value. New-ARV cash-out generally requires at least 91 days and a lease is required.
Program 7
Low / No FICO, No Minimum DSCR
Qualifying purchases can reach up to 75% LTV and refinances up to 60% LTV, with no minimum DSCR ratio requirement and loan amounts up to $10 million. Pricing is materially higher than standard-credit programs.
Program 3 cash-out in West Virginia is generally capped at 75% LTV. The 80% Program 3 cash-out tier is limited to specific states. Final leverage can also be reduced by DSCR, property type, value, loan size, and other overlays.
West Virginia DSCR FAQ
Does Get Brick Capital offer DSCR loans in West Virginia?
Yes. West Virginia is one of the 46 states Get Brick Capital currently services through its wholesale capital-partner network.
Is Program 7 available in West Virginia?
Yes. Program 7 can be available in West Virginia for qualifying low-FICO, no-FICO, or no-minimum-DSCR scenarios. Purchases can reach up to 75% LTV and refinances up to 60% LTV.
Do I need W-2s or personal tax returns?
DSCR income qualification does not use W-2s, pay stubs, or personal tax returns. The most recent two months of bank statements are generally still required to verify closing funds and liquidity, and eligible assets can be used for reserves.
Can I close the loan in an LLC?
Yes. DSCR loans can close in an LLC. Other eligible vesting can include individual ownership, corporations, and approved trusts depending on the program.
See Your West Virginia DSCR Options
No credit pull for the initial quote. Rates within 24 hours. Typical 28-day close with complete documentation.