SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Hayes, VA

The Best Mortgage Lenders in Hayes, VA

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

3
Top Lenders
4.8
Avg Rating
429+
Reviews
10
Loan Types

Available Loan Programs in Hayes

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Investment Property
Investment

Featured Mortgage Lenders

1

Bayport Credit Union

Bayport Credit Union

★★★★☆
4.8/5

Bayport Credit Union is a highly-rated local financial institution serving the Hayes area with over 65 years of community banking experience. They maintain exceptional customer satisfaction ratings with personalized mortgage services and competitive rates. As a member-owned cooperative, they focus on building long-term relationships with local homebuyers and offer comprehensive mortgage solutions with local underwriting and decision-making.

Experience:15 years
Reviews:125 customer reviews
8614 George Washington Memorial Hwy, Gloucester, VA 23061

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
Visit Website
2

Tidewater Home Funding

Tidewater Home Funding, LLC

★★★★☆
4.9/5

Tidewater Home Funding is a top-rated mortgage broker serving the entire Virginia Peninsula including Hayes. With nearly perfect customer ratings and extensive experience in the local market, they specialize in finding the best loan products from multiple lenders. Their team has deep knowledge of the local real estate market and offers personalized service with quick turnaround times, making them a preferred choice for homebuyers throughout the region.

Experience:12 years
Reviews:215 customer reviews
11835 Fishing Point Dr #200, Newport News, VA 23606

Loan Types:

ConventionalFHAVAUSDAJumboConstructionInvestment Property
Visit Website
3

Union Home Mortgage

Union Home Mortgage Corp.

★★★★☆
4.7/5

Union Home Mortgage's Williamsburg office serves the Hayes area with exceptional mortgage services and strong local presence. As part of a national company with deep roots in Virginia, they combine local market expertise with extensive lending resources. They consistently receive high marks for customer service, communication, and competitive rates, with particular strength in VA loans important for the military community in the Hampton Roads region.

Experience:11 years
Reviews:89 customer reviews
5425 Discovery Park Blvd #201, Williamsburg, VA 23188

Loan Types:

ConventionalFHAVAUSDARefinanceFirst-time HomebuyerInvestment
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Hayes, VA

Are there any special mortgage considerations for buying a home in Hayes, VA, given its proximity to coastal areas?

Yes, due to Hayes' location in Gloucester County near the Chesapeake Bay and York River, lenders often require additional flood insurance for many properties, even if they are not in a designated high-risk FEMA zone. This can be a mandatory condition for loan approval and will increase your total monthly housing payment. It's crucial to get a flood zone determination early in the home search process.

What are the typical down payment assistance programs available for first-time homebuyers in Hayes?

First-time homebuyers in Hayes can access the Virginia Housing Down Payment Assistance (DPA) grant, which offers up to 2.5% of the loan amount. Additionally, Gloucester County may have local initiatives, and many lenders work with programs like the VHDA (Virginia Housing Development Authority) No Mortgage Insurance program, which is popular for buyers in this area seeking to minimize upfront and monthly costs.

How do property types common in Hayes, like older homes or new construction, affect mortgage lending?

Hayes features a mix of historic homes, waterfront properties, and newer subdivisions. For older homes, lenders may require more stringent inspections and could mandate repairs for loan approval. For new construction in developments like those off Guinea Road, the builder's preferred lender might offer closing cost incentives, but it's wise to compare with local independent lenders for the best overall rate and terms.

What is the current range for mortgage interest rates for buyers in Hayes, VA, and how do they compare to state averages?

Mortgage rates in Hayes typically align closely with national and Virginia state averages, as it's not a high-cost county. As of recent trends, rates for a conventional 30-year fixed loan might range from the mid-6% to low-7% APR, but this fluctuates daily. Buyers with excellent credit may qualify for rates on the lower end of the spectrum. It's best to get quotes from several local lenders or credit unions serving the Middle Peninsula.

Are there specific lenders or credit unions in the Hayes area that offer advantages for local homebuyers?

Yes, using a local lender familiar with the Gloucester County market can be beneficial. Institutions like BayPort Credit Union and Chesapeake Bank have a strong presence and understand local property valuations, which can streamline the appraisal process. They may also offer specialized portfolio loans or have more flexibility for unique properties, such as those with acreage or water access, which are common in the Hayes area.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent in Hayes, VA is Your Best First Step

If you’re starting your homebuying journey in Hayes, Virginia, you’re likely searching for “home loan agents near me.” This isn’t just a routine search—it’s one of the smartest moves you can make. In a local market like ours, having a mortgage professional who understands the nuances of Gloucester County and the Middle Peninsula can make the difference between a stressful process and a successful closing.

Hayes presents a unique market, blending waterfront properties, rural acreage, and established neighborhoods. A local agent doesn’t just run numbers; they understand why a home on Sarah Creek might have different insurance requirements or how the septic system evaluations common in our area can affect timelines. They have established relationships with local appraisers and title companies, ensuring your process moves smoothly within our community’s specific network. This local expertise is invaluable for getting your offer taken seriously in a competitive situation.

So, how do you find the right partner? Start by asking for referrals from your real estate agent, who works with these professionals daily. Look for agents who are physically based in the Tidewater or Middle Peninsula region, not just a remote 800 number. In your initial consultation, ask direct questions: “How many loans have you closed in Gloucester County in the last year?” and “What local lenders or credit unions do you frequently work with?” A great local agent will also proactively discuss Virginia-specific programs, such as the Virginia Housing Down Payment Assistance Grant, which can provide crucial funds for eligible buyers in our area.

Virginia also offers the Mortgage Credit Certificate (MCC) program, which can provide a significant annual federal tax credit for first-time homebuyers. A knowledgeable Hayes-area loan agent will be your guide to see if you qualify for these programs, potentially putting homeownership within easier reach.

Your actionable advice is this: Treat your search for a home loan agent with the same seriousness as your search for the home itself. Interview at least two or three candidates. Choose the one who demonstrates a clear understanding of the Hayes market, communicates in a way you understand, and makes you feel confident. They are your financial advocate, translating your dream of a home here into a solid, achievable reality.

By starting with a trusted local home loan expert, you’re not just getting a mortgage—you’re gaining a neighborhood insider who will help you navigate the path to your new front door in Hayes with clarity and confidence.

Nearby Cities

Explore mortgage lenders in cities near Hayes, VA

Why Choose a Mortgage Lender in Hayes?

Local Market Knowledge

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