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investment property refinance lenders · HMDA 2023–2025

Investment property refinance lenders in Richmond city, Virginia

Fat Boy Data analyzed investment property refinance activity in Richmond city, Virginia to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 439 applications were decided by 95 lenders between 2023 and 2025.

Richmond city at a glance

95Active lenders2 with 20+ decisions
82.7%Market approval rate363 of 439 decided
$235KTypical loanmedian lender, $10K brackets
95%Borrower take-up346 loans funded

How Richmond city compares

Approval rate compared
Richmond city82.7%Virginia75.3%All 616 counties77.7%
Typical loan compared
Richmond city$235KVirginia$225KAll 616 counties$235K

What the data shows

Kiavi Funding, Inc. made the most investment property refinances in Richmond city, VA, 132 of them.

That is 38% of every investment property refinance originated here, so this market is unusually concentrated in one lender.

Kiavi Funding, Inc. approved the highest share of applications among lenders with at least 20 decisions here, 88% of 152.

Lenders approved 82.7% of investment property refinance applications in Richmond city, VA, 7.4 percentage points above the Virginia rate of 75.3%.

Investment property refinance lenders in Richmond city

LenderApprovalApprovedTaken upTypical loanLoans made
1Kiavi Funding, Inc.88%134 / 15299%$235K132
2Dominion Financial Services, LLCBroker only100%32 / 3281%$135K26
3Capital Center, L.L.C.Limited sample64%9 / 14100%$275K9
4Atlantic Union BankLimited sample64%9 / 14100%$155K9
5United Wholesale Mortgage, LLCBroker only58%7 / 12100%$205K7

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 90 more lenders.

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