September 2026 HUD file

HUD-insured apartment loans in Virginia

334 properties with 55,919 units carry FHA-insured mortgages in Virginia, with $6.7 billion still owed. The median note rate is 3.21%, and 237 of them are below 4%.

334insured loans
3.21%median note rate
$6.7 billionbalance outstanding
5.54%median on loans endorsed in the last 12 months, all states

By program

223(f) purchase or refinance153
221(d)(4) construction or substantial rehab92
223(a)(7) refinance64
HFA risk-sharing13
241(a) supplemental5
Older and other programs7

Lowest rates with 10+ years left

These are the loans a buyer would most want to assume. Open one for the payment math.

Lowest note rates in Virginia, at least 10 years to maturity
Property City Units Rate Balance Matures
White Oaks Apartments Chester 322 2.07% $45.2 million 2056
Chester Village Green Chester 96 2.08% $15.3 million 2056
The Orchard Apartment Homes Roanoke 240 2.15% $24.1 million 2056
Infinity Apartments Virginia Beach 236 2.16% $35.9 million 2056
Cascades at Woods Corner Virginia Beach 226 2.16% $35.7 million 2056
Berkley Apartments Newport News 373 2.2% $36.2 million 2056
Legacy at Linden Park Apartments Lynchburg 408 2.21% $32.5 million 2056
Virginia Commons Apartments Dumfries 188 2.21% $26.3 million 2056
Oakview Garden Apartments- Section II Falls Church 158 2.23% $22.5 million 2055
Heritage Forest Apartments Phase I Newport News 144 2.23% $7.8 million 2061
Elevations One Woodbridge 209 2.24% $28.1 million 2056
Colony Village Apartments North Chesterfield 332 2.25% $44.0 million 2056
Auro at Towne Place Chesapeake 215 2.25% $31.8 million 2055
The Apartments at Goose Creek Fishersville 204 2.26% $27.9 million 2056
Oakview Garden Apartments-Section I Falls Church 166 2.27% $23.6 million 2055

Filter every state in the assumable-loan finder

Paying off within five years

Most HUD loans amortize to zero, so these balances are usually small. The owners are deciding what to do with a nearly paid-off property.

Virginia HUD loans maturing by 2031
Property City Units Rate Balance Matures
Calvary Towers Norfolk 112 2.95% $86,745 2026
Herndon Harbor House Ltd Herndon 60 6.35% $62,007 2027
Paul Spring Retirement Alexandria 147 3.8% $1.2 million 2028
Herndon Harbor House II Herndon 60 6% $346,859 2029
Gillhaven Manor Apartments Petersburg 101 6.05% $837,764 2029
Willow Woods Apartments Radford 144 4.984% $2.5 million 2029

By city

Everywhere else in Virginia

Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Apartment loans only; nursing homes, assisted living and hospitals in the same file are not counted.

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