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Jamesville, VA

The Best Mortgage Lenders in Jamesville, VA

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

3
Top Lenders
4.7
Avg Rating
1020+
Reviews
8
Loan Types

Available Loan Programs in Jamesville

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer Programs
Construction Loans

Featured Mortgage Lenders

1

Atlantic Bay Mortgage Group

Atlantic Bay Mortgage Group, LLC

★★★★☆
4.8/5

Atlantic Bay Mortgage Group is a highly acclaimed lender with a strong reputation for exceptional customer service and competitive mortgage rates. Founded in 1996, they have deep roots in Virginia and specifically serve the Eastern Shore region, including Jamesville. They are known for their efficient loan processing, personalized approach, and numerous industry awards, such as top lender rankings from Scotsman Guide. With a focus on community involvement and high customer satisfaction, they offer a wide range of loan products tailored to first-time homebuyers, veterans, and refinancers, making them a trusted choice for local residents.

Experience:28 years
Reviews:450 customer reviews
1000 Atlantic Bay Drive, Virginia Beach, VA 23455

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is a nationally recognized lender with a robust local presence in Virginia, including service to Jamesville. Founded in 2008, they are praised for their swift loan approvals and transparent processes, often completing mortgages in as little as 30 days. They have a strong commitment to customer satisfaction, evidenced by high ratings and positive reviews for their knowledgeable loan officers. Movement Mortgage actively supports local communities through charitable initiatives and offers flexible loan options, making them ideal for a variety of borrowers, from military families to those seeking affordable first-time homebuyer programs.

Experience:16 years
Reviews:350 customer reviews
5000 Corporate Woods Drive, Virginia Beach, VA 23462

Loan Types:

ConventionalFHAVAUSDAJumboFirst-time Homebuyer Programs
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3

TowneBank Mortgage

TowneBank Mortgage, a division of TowneBank

★★★★☆
4.6/5

TowneBank Mortgage is a regional leader with decades of experience serving Virginia communities, including Jamesville on the Eastern Shore. Established in 1999, they combine the stability of a local bank with extensive mortgage expertise, offering competitive rates and personalized service. They are highly rated for their community-focused approach, with loan officers who understand the unique needs of rural and coastal areas. TowneBank is known for its reliability, strong customer relationships, and a full suite of loan products, including construction and renovation loans, making them a top choice for homebuyers seeking trusted, long-term support.

Experience:25 years
Reviews:220 customer reviews
600 Main Street, Suffolk, VA 23434

Loan Types:

ConventionalFHAVAUSDAConstruction LoansRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Jamesville, VA

What are the typical down payment requirements for homes in Jamesville, VA, given its rural location?

In Jamesville and surrounding Northampton County, many lenders offer USDA Rural Development loans, which require **0% down payment** for eligible borrowers and properties. This is a major advantage for the area. Conventional loans typically still require 3-5% down, but the prevalence of USDA loans makes homeownership more accessible here.

Are there any local or state-specific first-time homebuyer programs that are particularly useful in Jamesville?

Yes, the **Virginia Housing Down Payment Assistance Grant (DPA)** is a key resource. This grant provides up to 2.5% of the home's purchase price to help with down payment and closing costs, which does not need to be repaid. When combined with a Virginia Housing loan, this can be especially powerful in Jamesville's market, helping to offset upfront costs.

How does the appraisal process work for a home in a rural area like Jamesville, and are there any unique challenges?

Appraisals in Jamesville can be more complex due to the scarcity of recent, comparable home sales ("comps") in the immediate area. Appraisers may need to look at properties over a wider geographic range or further back in time. Using a local lender familiar with Northampton County can help, as they often work with appraisers who understand how to properly value rural and waterfront properties common here.

What should I know about getting a mortgage for a property with acreage or waterfront access near the Chesapeake Bay in Jamesville?

Lenders may have stricter requirements for properties with significant acreage (often over 10 acres) or direct waterfront, as they are considered non-standard. You may need a larger down payment (sometimes 20-30%) and the lender will require specific insurance, like flood insurance. It's crucial to work with a lender experienced in these types of rural and recreational properties.

Are mortgage rates in Jamesville, VA, different from the national average?

Mortgage rates are primarily set by national markets, so they are generally consistent. However, your final rate in Jamesville will depend heavily on your personal financial profile and the specific loan program. Local credit unions, like BayPort Credit Union or Langley Federal Credit Union which serve the region, can sometimes offer competitive rates or special programs for Eastern Shore residents that are worth exploring.

Mortgage Insights

Finding Your Financial Fit: Your Guide to the Best Mortgage Broker in Jamesville, VA

Searching for the "best mortgage broker near me" is more than just finding a local office—it's about finding a financial partner who understands the unique rhythm of the Jamesville, VA, housing market. Nestled in the beautiful, rural landscape of Accomack County, Jamesville offers a peaceful, waterfront-adjacent lifestyle that attracts buyers looking for space, nature, and value. A broker who gets this context is your key to unlocking it.

In a smaller, close-knit community like ours, the local knowledge a broker provides is invaluable. They understand property types common here, from historic homes to newer constructions on larger lots, and how factors like proximity to the Chesapeake Bay or agricultural land can influence appraisals and lending. They have established relationships with local appraisers and title companies, ensuring a smoother process. The "best" broker for you will be one who listens to your vision—whether it's a forever home with room for a garden or a quiet retreat—and finds the financial path to make it happen.

When evaluating brokers, go beyond a simple online search. Ask for recommendations from your local real estate agent, who works with these professionals daily. In your initial consultations, ask direct questions: "How many loans have you closed in Accomack County in the last year?" and "What specific loan programs work well for buyers in our area?" A great broker will explain options like USDA Rural Development loans, which can be a perfect fit for many properties in and around Jamesville, offering zero-down-payment solutions for eligible buyers. They should also be well-versed in Virginia-specific programs, such as the Virginia Housing Down Payment Assistance Grant, which can provide crucial help with upfront costs.

Your actionable first step is to get your documentation in order. Before you even call a broker, gather recent pay stubs, W-2s, tax returns, and bank statements. Being prepared shows you're serious and helps any broker give you the most accurate pre-approval. Then, interview at least two or three brokers. Compare not just the rates they quote, but their communication style, their willingness to educate you, and their grasp of the local market dynamics. Do they explain the differences between financing a home on a well and septic system versus public utilities? These are real Jamesville considerations.

Ultimately, the best mortgage broker for your Jamesville home purchase will feel like a trusted guide. They’ll help you navigate the financial details while keeping your dream of life in this serene part of Virginia firmly in sight. By choosing a professional with local expertise, you’re not just getting a loan—you’re gaining an advocate who understands the value of what you’re buying, right here in our community.

Nearby Cities

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Why Choose a Mortgage Lender in Jamesville?

Local Market Knowledge

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