Richmond Mortgage Broker
Find a Richmond, Virginia (VA) mortgage broker. We have access to several Richmond mortgage lenders who are competing for your business. Let us do the shopping for you.
Richmond, Virginia has a population of 197,790. Richmond is located between Washington D.C. and Norfolk, and is within a reasonable driving distance of both cities. The housing market has not seen much growth in recent years, but still remains healthy. Housing is relatively affordable with the median house value being at $87,300.
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.