The Best Mortgage Lenders in Achilles, VA
Compare verified mortgage lenders serving Achilles, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Achilles
Featured Mortgage Lenders
Atlantic Bay Mortgage Group
Atlantic Bay Mortgage Group
Atlantic Bay Mortgage Group is a highly respected regional lender founded in Virginia, with a strong presence in the Hampton Roads area serving Achilles and surrounding communities. They are renowned for their personalized customer service, deep local market expertise, and competitive rates. With over 28 years of experience, they consistently receive high ratings for their efficient processing and wide range of loan options, including specialized programs for first-time homebuyers and veterans.
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Movement Mortgage
Movement Mortgage
Movement Mortgage is a nationally recognized lender with a strong local office in Newport News, providing reliable service to Achilles and the broader Gloucester County area. Known for their rapid loan processing and competitive rates, they excel in customer satisfaction and have built a reputation for transparency and ease of use. Their 16 years of experience and high review ratings reflect a commitment to making the mortgage process smooth and accessible for all types of borrowers.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation has been a trusted name in the mortgage industry for over 28 years, with a local Williamsburg office that actively serves Achilles and nearby regions. They are praised for their responsive customer service, extensive loan product offerings, and expertise in navigating complex mortgage scenarios. Their high customer ratings and substantial review count underscore their reliability and focus on building long-term relationships through competitive rates and tailored solutions.
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Frequently Asked Questions
Common questions about mortgage lending in Achilles, VA
Are there any special mortgage considerations for buying a waterfront or near-water property in Achilles, VA?
Yes, absolutely. Given Achilles' location on the York River and its many creeks, lenders will often require a separate, more rigorous flood zone determination and may mandate flood insurance as a condition of the loan, even if it's not in a high-risk FEMA zone. This is a critical cost factor to include in your budget, as premiums can be significant for waterfront homes in this area.
What local or county-level down payment assistance programs are available for homebuyers in Gloucester County (Achilles)?
Gloucester County offers the "Gloucester County Homeownership Assistance Program," which can provide eligible first-time homebuyers with deferred, forgivable loans for down payment and closing cost assistance. Additionally, the Virginia Housing Development Authority (VHDA) grants and loans are widely used here, often in conjunction with local programs to make purchasing in this rural waterfront community more accessible.
How do mortgage rates and lender options in Achilles compare to nearby urban areas like Newport News or Williamsburg?
While national rates set the baseline, borrowers in rural Achilles may find slightly fewer local brick-and-mortar lender branches compared to those cities. However, working with a local mortgage broker who understands the unique property types (e.g., older homes, large lots) is advantageous. Rates themselves are generally competitive, but a strong relationship with a regional bank or credit union familiar with Gloucester County can be beneficial for smooth processing.
What should I know about getting a mortgage for a home with septic and well systems in Achilles?
This is very common, as many properties in Achilles are not on public sewer/water. Lenders will typically require a satisfactory inspection and certification of both the well (for water quality and output) and the septic system by a licensed professional. The cost of any required repairs or replacements often must be completed before loan closing, so it's a key contingency in your offer.
Are USDA Rural Development loans a viable option for mortgages in Achilles, VA?
Yes, this is one of the most relevant loan programs for the area. Most of Achilles and Gloucester County is eligible for USDA RD loans, which offer 100% financing (no down payment). This is a major benefit for qualifying buyers looking at the more rural properties, making homeownership achievable without a large upfront cash payment, provided the home meets USDA property guidelines.
Why Choose a Mortgage Lender in Achilles?
Local Market Knowledge
Lenders who understand Achilles's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Virginia.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Achilles and get competitive rates on your home loan.