Chesapeake Mortgage Broker
Find a Chesapeake, Virginia (VA) mortgage broker. We have access to several Chesapeake mortgage lenders who are competing for your business. Let us do the shopping for you.
Chesapeake, Virginia has a population of 199,184. Chesapeake is located just 8 miles outside of Norfolk and sits right on Virginia Beach. The population has been growing very steadily in recent years and the trend is expected to continue. This has caused a high demand for homes and has kept the market very busy. The median house value is $122,300.
Virginia Mortgage Facts
- Non-Community Property State - Since Virginia is a non-community property state, you do NOT need to include the liabilities of your spouse, when applying for a Virginia mortgage, if you choose to leave them off of the loan.
- High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Virginia is classified as a high closing cost state due to higher priced title fees. If you are moving to Virginia from another state, be aware of these costs.
- Mortgage Tax State - Be aware, there is a state tax that is assessed on all Virginia mortgages.