Commercial Loan Direct (CLD) provides commercial real estate loans in the state of Virginia. Current commercial loan rates in Virginia range from 4.9% to 12.85%, depending on the loan program. CLD is a national commercial mortgage banker offering aggressively priced programs and superb service. CLD originates loans for its parent company CLD Financial which provides a wide variety of lending vehicles. Our company is currently targeting owner occupied and investment properties over $1 Million in the state of VA.
Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial loan rates. Commercial loan rates may change at any time and without notice.
The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality, (hotel, motel, resort), and mixed use.
Owner-Occupied commercial real estate properties in which the owner occupies at least 50% of the premises and can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of commercial property. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA, and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.
Virginia’s commercial lending market is active, well-capitalized, and underwriting-driven. Capital is available across community, regional, and national lenders, with approvals closely tied to asset type, location, and cash-flow durability. Proximity to Washington, DC and a strong government and defense presence significantly influence lender appetite.
Industrial and logistics properties are among the most lender-favored asset classes, particularly along major interstate corridors and near ports and distribution hubs. Modern facilities with durable tenant demand underwrite best.
Owner-occupied properties remain highly financeable, especially when backed by established professional, medical, or service businesses with consistent historical cash flow.
Stabilized multifamily can finance well when occupancy and collections are solid, particularly workforce and mid-market housing.
Government-, defense-, and technology-adjacent properties tend to receive favorable consideration due to long-term demand stability.
Office is underwritten cautiously, especially older suburban buildings and properties without strong government or defense tenancy.
Value-add and transitional deals face tighter leverage and higher equity requirements, particularly when reliant on aggressive lease-up or rent growth assumptions.
Hospitality is financeable but conservative underwriting applies due to seasonality and exposure to business and government travel cycles.
Northern Virginia: The deepest lender pool in the state, with strong appetite for industrial, multifamily, and government-adjacent assets.
Richmond: Stable lending environment supported by government, education, and healthcare.
Hampton Roads: Port and defense activity support industrial and logistics lending, with selective treatment of hospitality.
Secondary and rural markets: Financing is more relationship-driven, with conservative leverage and emphasis on essential-use properties.
Regional and national banks are very active and competitive, especially for stabilized assets and relationship-driven borrowers.
Community banks play a significant role in secondary and rural markets.
Credit unions can be competitive for owner-occupied and smaller-balance loans.
Life companies and institutional lenders focus on large, stabilized assets with long-term income visibility.
Government and defense exposure materially influences underwriting and lender appetite.
Expense control, including taxes, insurance, and labor, is stressed in lender models.
Sponsor experience and liquidity carry significant weight in credit decisions.
A strong Virginia loan request typically includes conservative leverage, defensible historical NOI, stable tenancy, and experienced sponsorship.
Deals relying on aggressive rent growth, rapid repositioning, or short-term exit strategies tend to struggle.
Virginia is a capital-available but underwriting-driven lending market. Industrial, owner-occupied, stabilized multifamily, and government-adjacent properties offer the clearest paths to financing, while office, hospitality, and transitional projects face tighter terms.
We are proud to be serving the state of Virginia. Here are our commercial loan statistics for this state.
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Commercial loan direct provides services in the following Virginia cities. Please note we may be able to provide services in other cities as well by request. Rates are dependent on the market in your locale, feel free to use the provided Virginia economic reports to get a better understanding of your market.
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What Clients Say About Us
Fernando and Leanne are amazing. I had many small businesses that need refinancing over the years. I have met many Brokers and there is always a catch. ALWAYS!… Use them! Once you do you will work with them forever
- Nirav Patel
If you searching for a great experience Commercial Loan Direct is the place. Leanne took care of me and honestly had the greatest experience. She handled all of my needs in a smooth and timely manner listened and addressed any concerns I had about the process and was very patient. I can be quite a handful at times and Leanne was so professional and kind hearted. I'd 100% recommend this company. Thank you again.
- Vincent Arias
We were in unfamiliar territory when it came to refinancing. Commercial Loan Direct streamlined the whole process for us. Leann connected us with lenders that were the right fit for us. The money and time we saved was so worth it. I highly recommend them
- Rita Pisarski
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