The Best Mortgage Lenders in Jamestown, VA
Compare verified mortgage lenders serving Jamestown, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Jamestown
Featured Mortgage Lenders
TowneBank Mortgage
TowneBank
TowneBank Mortgage is a top-rated regional lender deeply embedded in the Virginia community, with a strong presence in the Historic Triangle area including Jamestown. Known for exceptional customer service and competitive rates, they offer personalized mortgage solutions with local decision-making. Their long-standing reputation since 1999, high customer satisfaction scores, and extensive loan options make them a preferred choice for homebuyers in Southeast Virginia.
Loan Types:
Atlantic Union Bank Mortgage
Atlantic Union Bank
Atlantic Union Bank provides reliable mortgage services throughout Virginia, including the Jamestown area, with a focus on community banking and customer-centric solutions. With over two decades of experience, they offer competitive rates, flexible loan programs, and local expertise. Their strong regional presence and consistent high ratings for transparency and service make them a trusted lender for both first-time and experienced homebuyers.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a strong local presence in Virginia, serving Jamestown and surrounding areas. They are praised for their efficient processing, competitive rates, and excellent customer service, often closing loans faster than industry averages. Founded in 2008, they have built a reputation for reliability and innovation, with high customer review counts reflecting their commitment to satisfaction and community engagement.
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Frequently Asked Questions
Common questions about mortgage lending in Jamestown, VA
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Jamestown, VA?
Yes, the Virginia Housing Development Authority (VHDA) offers several programs, such as the VHDA Down Payment Assistance Grant, which is available to eligible first-time buyers in Jamestown. These programs can provide grants or low-interest second mortgages to help with down payments and closing costs, making homeownership more accessible in the local market.
How does Jamestown's status as a historic area affect the mortgage process?
Purchasing a home in the historic Jamestown area may involve additional appraisal considerations, as lenders need to ensure the property's value accounts for any preservation restrictions or unique architectural features. It's advisable to work with a lender experienced in historic properties, as some may have specific loan products or underwriting guidelines for such homes.
What are typical mortgage rates like in Jamestown compared to the rest of Virginia?
Mortgage rates in Jamestown generally align with national and state averages, but local factors like property type (e.g., historic homes) and loan size can cause slight variations. For the most accurate rates, consult with local lenders who understand the Williamsburg/Jamestown market, as they can offer insights into any regional trends or incentives.
Are there specific loan programs for buying a home in Jamestown's flood-prone areas?
Given Jamestown's location along the James River, flood insurance is often required for homes in designated flood zones, which can impact loan approval and costs. Lenders will typically require a flood certification, and you may need to explore loan programs that accommodate these additional insurance requirements, such as conventional loans or FHA loans with flood insurance provisions.
What should I know about property taxes and how they affect my mortgage in Jamestown, VA?
Property taxes in Jamestown are part of James City County, with rates that can influence your monthly mortgage payment if escrowed. It's important to factor in these taxes when budgeting, as they vary based on property value and location. Your lender can help estimate these costs and include them in your overall mortgage payment structure.
Why Choose a Mortgage Lender in Jamestown?
Local Market Knowledge
Lenders who understand Jamestown'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 Jamestown and get competitive rates on your home loan.