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Edwardsville, VA

The Best Mortgage Lenders in Edwardsville, VA

Compare verified mortgage lenders serving Edwardsville, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
950+
Reviews
8
Loan Types

Available Loan Programs in Edwardsville

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer Programs
ARM Loans

Featured Mortgage Lenders

1

Atlantic Bay Mortgage Group

Atlantic Bay Mortgage Group

★★★★☆
4.8/5

Atlantic Bay Mortgage Group is a top-rated lender known for its exceptional customer service and deep roots in Virginia. Founded in 1996, they have built a strong reputation for offering competitive rates and a wide range of loan products, including specialized options for veterans and rural homebuyers. With a local office in Fredericksburg, they provide personalized service to Edwardsville residents, backed by hundreds of positive reviews highlighting their responsiveness and expertise throughout the home financing process.

Experience:27 years
Reviews:280 customer reviews
1251 Carl D. Silver Parkway, Fredericksburg, VA 22401

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage

★★★★☆
4.9/5

Movement Mortgage is highly regarded for its efficient processing and community-focused approach, serving Edwardsville through its regional presence in Virginia. Established in 2008, they combine technology with local expertise to offer competitive rates and streamlined closings. Customers frequently praise their dedication to education and support, making them a preferred choice for first-time and repeat homebuyers alike. Their commitment to giving back to local communities further solidifies their standing as a trusted mortgage partner.

Experience:15 years
Reviews:320 customer reviews
1800 Bayberry Court, Suite 301, Richmond, VA 23226

Loan Types:

ConventionalFHAVAUSDAJumboFirst-Time Homebuyer Programs
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3

New American Funding

New American Funding

★★★★☆
4.8/5

New American Funding stands out for its innovative solutions and strong customer satisfaction ratings, with a reliable service area that includes Edwardsville. Founded in 2003, they offer a diverse portfolio of loan options and are recognized for their efforts in promoting homeownership through educational resources and flexible terms. Their local Virginia team provides tailored support, earning consistent accolades for transparency and closing efficiency, which makes them a top contender for borrowers seeking a trustworthy and experienced lender.

Experience:20 years
Reviews:350 customer reviews
1805 Huguenot Road, Suite 205, Midlothian, VA 23113

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARM Loans
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Frequently Asked Questions

Common questions about mortgage lending in Edwardsville, VA

Are there any special mortgage programs for first-time homebuyers in Edwardsville, VA?

Yes, the Virginia Housing Development Authority (VHDA) offers several programs ideal for Edwardsville buyers, including down payment assistance grants and favorable loan terms. These are particularly valuable in Edwardsville's market, where they can help bridge the gap for buyers with solid incomes but limited savings. Local lenders are well-versed in these programs and can guide you through the specific eligibility requirements.

How do property taxes in Edwardsville, VA, impact my monthly mortgage payment?

Edwardsville is located in Northumberland County, which has its own property tax rate that will be included in your monthly escrow payment. It's crucial to factor this into your budget, as county and local rates directly affect your total monthly mortgage obligation. Your lender will use the county's assessed value to estimate these taxes accurately during the pre-approval process.

What is a typical down payment percentage needed for a home in Edwardsville's market?

While 20% is standard to avoid private mortgage insurance (PMI), many buyers in Edwardsville utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially for starter homes. Given the area's mix of rural properties and waterfront homes, down payment requirements can vary, so consulting with a local lender who understands the specific property types is key.

Are USDA loans a viable option for mortgages in Edwardsville, VA?

Absolutely. Much of the area around Edwardsville is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for qualified buyers looking at homes in Northumberland County's designated rural areas, making homeownership more accessible. A local mortgage officer can confirm the specific property's eligibility.

How does the appraisal process work for a waterfront or rural property in Edwardsville?

Appraisals for unique properties like those on the Potomac River or with significant acreage require appraisers with specific expertise in valuing land, water access, and rural homes. Your lender must use an appraiser familiar with the Northumberland County market to ensure an accurate valuation, which is critical for loan approval. This can sometimes take longer than a standard suburban appraisal.

Mortgage Insights

Finding the Right Home Loan Partner in Edwardsville, VA

Your search for "home loan companies near me" is about more than just proximity; it's about finding a financial partner who understands the unique character and opportunities of the Edwardsville, Virginia, housing market. Nestled in the Northern Neck, Edwardsville offers a blend of serene waterfront living, historic charm, and a tight-knit community feel. Choosing a lender familiar with this specific area can make a significant difference in your homebuying journey.

The local market here has its own rhythm. You might be considering a classic farmhouse, a property with Potomac River frontage, or a newer build in a developing subdivision. A local loan officer will understand the nuances of appraising these diverse property types, which is crucial for a smooth transaction. They’re also tuned into the pace of the market—whether it's competitive for move-in ready homes or requires patience for that perfect fixer-upper. A lender based in or familiar with Virginia's Northern Neck can navigate these variables more effectively than a large, impersonal online entity.

When evaluating home loan companies near Edwardsville, prioritize those who offer a true consultation. Look for lenders who start by asking about your goals for life here, not just your credit score. A valuable local partner will explain how Virginia-specific programs can benefit you. For instance, explore the Virginia Housing programs, which offer competitive rates, down payment assistance grants, and closing cost assistance for eligible buyers. These programs can be a game-changer, especially for first-time homebuyers or those with moderate incomes looking to put down roots in Northumberland County.

Your actionable first step is to think local, even within your online search. Look for Virginia-licensed mortgage brokers or local branches of regional banks and credit unions with a physical presence in the Northern Neck. These institutions often have deeper community ties. Schedule introductory calls with two or three options. Ask them pointed questions: "Can you tell me about a recent loan you closed on a waterfront property in this county?" or "How do you typically help buyers structure their financing when using Virginia Housing programs?" Their answers will reveal their local expertise.

Finally, remember that your real estate agent is a goldmine for referrals. A seasoned agent working in Edwardsville will have a shortlist of trusted, responsive local lenders who have proven they can close deals on time and communicate well. This local network is invaluable.

Finding the right home loan company in Edwardsville is about pairing strong financial products with genuine local insight. By choosing a partner who knows the lay of the land—both financially and geographically—you’re not just securing a mortgage; you’re investing in a smoother path to calling this beautiful part of Virginia your home.

Nearby Cities

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Why Choose a Mortgage Lender in Edwardsville?

Local Market Knowledge

Lenders who understand Edwardsville'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 Edwardsville and get competitive rates on your home loan.