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Heathsville, VA

The Best Mortgage Lenders in Heathsville, VA

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

3
Top Lenders
4.8
Avg Rating
650+
Reviews
8
Loan Types

Available Loan Programs in Heathsville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages
Construction Loans

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, Inc.

★★★★☆
4.8/5

Movement Mortgage is highly rated for its exceptional customer service, competitive rates, and efficient loan processing. With numerous positive reviews highlighting their responsiveness and expertise, they have a strong presence in Virginia and specifically serve the Heathsville area. Their focus on digital convenience and personalized support makes them a top choice for homebuyers seeking reliable mortgage solutions.

Experience:16 years
Reviews:150 customer reviews
5000 Centregreen Way, Suite 100, Cary, NC 27513 (serves Heathsville area through local representatives)

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is renowned for its diverse loan options and commitment to customer satisfaction, with high ratings for transparency and support. They actively serve the Heathsville region, offering competitive rates and programs tailored to first-time homebuyers and investors alike. Their long-standing reputation and extensive experience make them a trusted lender in the area.

Experience:21 years
Reviews:300 customer reviews
14511 Myford Rd, Irvine, CA 92606 (national lender with service coverage in Heathsville)

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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3

Atlantic Bay Mortgage Group

Atlantic Bay Mortgage Group

★★★★☆
4.9/5

Atlantic Bay Mortgage Group is a regional leader with a strong presence in Virginia, praised for its high customer ratings and personalized service. They excel in providing VA and other government-backed loans, making them ideal for Heathsville residents, including military families. Their deep local knowledge and commitment to community involvement ensure reliable and supportive mortgage experiences.

Experience:28 years
Reviews:200 customer reviews
100 Bank Street, Norfolk, VA 23510 (regional headquarters serving Heathsville and surrounding areas)

Loan Types:

ConventionalFHAVAUSDARefinanceConstruction Loans
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Frequently Asked Questions

Common questions about mortgage lending in Heathsville, VA

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

Yes, the Virginia Housing Development Authority (VHDA) offers several programs, like the VHDA FHA and Conventional loans, which are widely used in Heathsville. These programs often provide competitive interest rates, down payment assistance grants, and closing cost assistance, which are crucial in Northumberland County's market. A local lender familiar with VHDA can help you navigate eligibility, which may include income and purchase price limits specific to the area.

How does the rural nature of Heathsville and Northumberland County affect the mortgage process?

Many properties in the Heathsville area are on well and septic systems rather than public water and sewer. Lenders will require a satisfactory water quality test and septic inspection as a condition of the loan. Additionally, if the property is officially classified as "rural" by the USDA, you may qualify for a USDA loan, which offers 100% financing—a significant advantage in this market.

What are typical closing costs for a mortgage in Heathsville, VA?

Closing costs in Heathsville typically range from 2% to 5% of the home's purchase price. Key local costs include Northumberland County's recordation taxes, state transfer taxes, and specific fees for well/septic inspections. It's advisable to get a detailed Loan Estimate from a local lender who can provide accurate figures based on the specific property and its location within the county.

Are property appraisals more challenging for homes in Heathsville due to the limited number of comparable sales?

Yes, appraisals can be more complex in Heathsville's rural and low-volume market. Appraisers may need to look at comparable sales ("comps") from a wider geographic area or from several months prior, which can sometimes impact the appraised value. Working with a lender who uses appraisers experienced with rural Northern Neck properties is essential to avoid unnecessary delays.

What type of insurance considerations are unique to getting a mortgage for a Heathsville home?

Due to Heathsville's proximity to the Chesapeake Bay and its tributaries, lenders will require a standard homeowner's policy and may mandate flood insurance if the property is in a FEMA-designated Special Flood Hazard Area (SFHA). Even if not required, flood insurance is highly recommended for many properties in the area, and this cost must be factored into your monthly mortgage payment.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Heathsville, VA

Searching for "mortgage loan companies near me" is one of the most crucial steps in your Heathsville homebuying journey. It's about more than just proximity; it's about finding a lender who understands the unique rhythm of our local market. Heathsville, the charming seat of Northumberland County, offers a blend of historic homes, waterfront properties, and rural acreage that demands a specific kind of expertise from your mortgage team.

The local housing landscape here is distinct. You might be considering a cozy cottage in town, a property with potential agricultural use, or a home along the Potomac or Rappahannock rivers. Each of these scenarios can come with different appraisal considerations, insurance requirements, and even loan nuances. A mortgage professional familiar with Heathsville and the Northern Neck will navigate these details far more effectively than a national call center. They understand how septic systems and well water are standard, and they know how to evaluate the true value of a pier or a pastoral view.

Your first actionable step is to think local. While online lenders are an option, prioritize companies with a physical presence in the Northern Neck or nearby regions like Tappahannock or Kilmarnock. These local loan officers are invested in the community. They can provide invaluable, on-the-ground insights into which neighborhoods are appreciating, how the local tax structure works, and even recommend trusted home inspectors and attorneys. Start by asking your real estate agent for referrals—they work with lenders daily and know who is reliable and efficient.

Don't overlook Virginia-specific homebuyer programs that a knowledgeable local lender can help you access. The Virginia Housing Development Authority (VHDA) offers fantastic programs for eligible buyers, including down payment assistance grants and favorable loan terms. These can be a game-changer, especially for first-time buyers looking in Heathsville. A local mortgage company experienced with VHDA loans can seamlessly guide you through the process, ensuring you don't leave any money on the table.

Finally, make your search personal. Once you have a few names, schedule brief consultations. Ask them directly: "How many loans have you closed in Northumberland County in the past year?" and "What specific challenges should I anticipate with a property type like the one I'm seeking?" Their answers will tell you everything. You're not just looking for a loan; you're looking for a guide who can translate the peace of the Northern Neck into a smooth and successful path to homeownership. By choosing a mortgage partner who knows Heathsville, you're securing more than funds—you're gaining a local ally.

Nearby Cities

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Why Choose a Mortgage Lender in Heathsville?

Local Market Knowledge

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