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Marshall, VA

The Best Mortgage Lenders in Marshall, VA

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

3
Top Lenders
4.8
Avg Rating
600+
Reviews
8
Loan Types

Available Loan Programs in Marshall

Conventional
Jumbo
FHA
VA
Refinance
Construction
USDA
First-time Homebuyer

Featured Mortgage Lenders

1

Presidential Bank Mortgage

Presidential Bank, FSB

★★★★☆
4.8/5

Presidential Bank has been serving Northern Virginia communities including Marshall for three decades with a strong reputation for personalized mortgage services. They specialize in serving the unique needs of Virginia homeowners with competitive jumbo loan programs and excellent construction lending options. Their local expertise in Fauquier County and surrounding areas makes them a top choice for Marshall residents seeking responsive, community-focused mortgage lending with the stability of an established financial institution.

Experience:30 years
Reviews:125 customer reviews
4600 North Fairfax Drive, Suite 800, Arlington, VA 22203

Loan Types:

ConventionalJumboFHAVARefinanceConstruction
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2

Apple Federal Credit Union Mortgage

Apple Federal Credit Union

★★★★☆
4.7/5

As one of Northern Virginia's largest credit unions, Apple FCU has extensive experience serving Marshall and Fauquier County residents with exceptional mortgage products and member-focused service. Their not-for-profit structure often translates to lower rates and fees for borrowers. They offer comprehensive first-time homebuyer programs and have deep expertise with VA loans, making them particularly valuable for military families in the Marshall area. Their local branch network and digital services provide convenient access for rural community residents.

Experience:68 years
Reviews:289 customer reviews
4437 Brookfield Corporate Drive, Chantilly, VA 20151

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinance
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3

First Home Mortgage - Warrenton

First Home Mortgage Corporation

★★★★☆
4.9/5

First Home Mortgage's Warrenton location provides exceptional local service to Marshall residents just 15 minutes away, with loan officers who deeply understand Fauquier County's unique real estate market. They consistently receive outstanding reviews for their responsive communication and expertise with rural property financing. Their strong relationships with local real estate professionals and comprehensive loan programs make them a preferred lender for both first-time and move-up buyers in the Marshall area, with particular strength in USDA rural development loans.

Experience:32 years
Reviews:186 customer reviews
251 West Lee Highway, Suite 701, Warrenton, VA 20186

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Marshall, VA

What are the typical down payment requirements for homes in Marshall, VA, given its higher-than-average home prices?

Due to Marshall's location in Fauquier County and its semi-rural appeal with larger properties, home prices are often above state averages. While conventional loans typically require 5-20% down, many local buyers utilize USDA Rural Development loans, which offer 0% down payment options for eligible properties in designated rural areas of Marshall. Jumbo loans for higher-value estates are also common and may require 10-20% down.

Are there any special mortgage programs for first-time homebuyers in Fauquier County that I can use in Marshall?

Yes, the Virginia Housing (VH) Down Payment Assistance Grant is a key statewide program accessible in Marshall, providing funds that do not need to be repaid. Additionally, Fauquier County offers the "Welcome Home" program, which provides down payment and closing cost assistance to income-eligible first-time buyers purchasing within the county, including Marshall.

How does Marshall's location and property types affect the mortgage appraisal process?

Marshall's mix of historic homes, newer subdivisions, and larger rural parcels with acreage can make appraisals more complex. Lenders often require appraisers with specific experience in valuing properties with wells, septic systems, and significant land. Unique or historic properties may require a longer timeline and specialized comparables, which can occasionally impact loan closing dates.

What should I know about property taxes and insurance when calculating my monthly mortgage payment in Marshall?

Fauquier County's property tax rate is a key component of your escrow payment. Marshall homeowners also often need to budget for higher insurance costs due to the prevalence of older homes and the potential for well/septic system coverage. If your property includes several acres or farm structures, you may need a specialized farm or ranch insurance policy, which your lender will require.

Are mortgage rates in Marshall, VA, different from the national average, and what local lenders are recommended?

Mortgage rates are primarily set by national markets, but your final rate depends on your financial profile and the lender. Working with a local lender or mortgage broker familiar with Fauquier County is advantageous, as they understand area-specific challenges. Established local banks and credit unions, as well as lenders experienced with USDA and jumbo loans in Virginia, are often recommended for their knowledge of the Marshall market.

Mortgage Insights

Finding Your Perfect Mortgage Match in Marshall, VA

Searching for a "mortgage broker near me" in Marshall, Virginia, is more than just a convenience—it's a strategic move for navigating our unique local market. While online lenders are a click away, the value of a local professional who understands Fauquier County's specific landscape cannot be overstated. From the historic homes in the village center to the newer developments and sprawling rural properties, Marshall's housing inventory is diverse. A local broker doesn't just find you a loan; they help you find the right financial product for the type of property that captures your heart.

A broker based in Northern Virginia brings indispensable local knowledge to the table. They understand the nuances of well and septic inspections common in our more rural parcels, the potential for historic district considerations, and the pace of a market that blends suburban commuters with agricultural preservation. They can provide realistic advice on how your debt-to-income ratio translates to purchasing power in ZIP codes 20115 and 20116, where property types and prices can vary significantly within just a few miles. This hyper-local insight is crucial for crafting a strong, credible offer in a competitive situation.

For Marshall homebuyers, there are also valuable Virginia-specific programs to explore. A knowledgeable local broker is your best guide to opportunities like the Virginia Housing Down Payment Assistance Grant, which can provide crucial funds for first-time or repeat buyers in our area. They can also advise on how Virginia's mortgage interest tax credit, the Mortgage Credit Certificate (MCC), could put money back in your pocket at tax time. These programs have specific eligibility requirements, and a broker familiar with them can seamlessly integrate them into your financing plan.

Your actionable first step? Look beyond the generic search. When evaluating a "mortgage broker near me," prioritize those with proven experience in Fauquier County. Ask direct questions: "How many loans have you closed in Marshall in the past year?" or "Can you share examples of how you've helped buyers with rural properties or historic homes?" Seek referrals from your local real estate agent, who partners with these professionals regularly. A great broker will also proactively discuss the full cost of homeownership in our area, including estimates for Virginia's personal property tax on vehicles and how it factors into your monthly budget.

Ultimately, your mortgage is more than a transaction; it's the key to your life in Marshall. Partnering with a local broker ensures that key is perfectly cut to fit the local lock, helping you secure not just a house, but your place in our community.

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Why Choose a Mortgage Lender in Marshall?

Local Market Knowledge

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