Norfolk Mortgage Broker
Find a Norfolk, Virginia (VA) mortgage broker. We have access to several Norfolk mortgage lenders who are competing for your business. Let us do the shopping for you.
Norfolk, Virginia is home to 234,403 residents. Norfolk is located right on the waterfront is just minutes away from Virginia Beach. The residents enjoy a downtown that has been restored and is once again a central location for shopping and eating. The housing market has been very active in recent years and has favored the sellers. Currently, inventory is low and demand for new homes is high. The median house value is $88,400.
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.