Newport News Mortgage Broker
Find a Newport News, Virginia (VA) mortgage broker. We have access to several Newport News mortgage lenders who are competing for your business. Let us do the shopping for you.
Newport News, Virginia is home to more than 180,000 residents. Newport News is located just 20 miles outside of Norfolk. Residents enjoy the short drive to Virginia Beach and the beautiful scenery that surrounds them. The housing market has been steady in recent years as the population has been steady as well. The median house value is $96,400.
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.