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Moon, VA

The Best Mortgage Lenders in Moon, VA

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

3
Top Lenders
4.8
Avg Rating
675+
Reviews
8
Loan Types

Available Loan Programs in Moon

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction

Featured Mortgage Lenders

1

Jason P. Miller

Atlantic Bay Mortgage Group

★★★★☆
4.9/5

Atlantic Bay Mortgage Group is one of Virginia's most highly-rated mortgage lenders with extensive experience serving the Tidewater and Middle Peninsula regions including Moon. Founded in 1996, they have built an exceptional reputation for personalized service and competitive rates. Their team specializes in all loan types including VA loans, which is particularly valuable for military families in the region. With over 25 years of industry experience, Jason P. Miller and his team provide comprehensive mortgage solutions with a focus on customer education and smooth closing processes. Their local expertise in Virginia's coastal communities makes them exceptionally qualified to serve Moon residents.

Experience:25 years
Reviews:325 customer reviews
11835 Fishing Point Dr Suite 200, Newport News, VA 23606

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Bayport Credit Union Mortgage Department

Bayport Credit Union

★★★★☆
4.8/5

Bayport Credit Union has been serving Virginia's Hampton Roads and Middle Peninsula communities since 1952, making them one of the most established financial institutions in the region. While technically a credit union, their mortgage lending division operates with the professionalism and capability of top-tier mortgage companies. They offer highly competitive rates for members and are deeply familiar with the unique aspects of financing properties in coastal areas like Moon. Their mortgage specialists provide personalized service with an emphasis on financial education and long-term relationships. The credit union's not-for-profit structure often translates to better terms and lower fees for borrowers.

Experience:70+ years
Reviews:200 customer reviews
1919 Westwood Ave, Newport News, VA 23607

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerConstructionRefinance
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3

Michael D. Allen

Movement Mortgage

★★★★☆
4.8/5

Movement Mortgage has established a strong presence throughout Virginia with local loan officers who deeply understand the Middle Peninsula and Northern Neck regions. Michael D. Allen brings over a decade of mortgage experience with particular expertise in rural and coastal property financing relevant to Moon. The company is renowned for its efficient processing and closing timeline, often completing loans in 30 days or less. They offer a comprehensive range of loan products with competitive rates and have built their reputation on transparent communication and reliable service. Their local knowledge of Mathews County and surrounding areas ensures they understand the specific challenges and opportunities of financing homes in Moon, Virginia.

Experience:12+ years
Reviews:150 customer reviews
11810 Fishing Point Dr Suite 201, Newport News, VA 23606

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Moon, VA

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

For most conventional loans in Moon, a 5-20% down payment is standard, but the area's more moderate home prices compared to urban Virginia can make saving for this more achievable. Importantly, because Moon is located in Mathews County, which is designated as "rural" by the USDA, many properties may qualify for a USDA loan, which requires **0% down payment** for eligible buyers and properties.

Are there any special mortgage programs for first-time homebuyers in Mathews County that I should know about?

Yes, the Virginia Housing Development Authority (VHDA) offers valuable programs statewide, which are accessible in Moon. These include down payment assistance grants and favorable loan terms. Additionally, working with a local lender familiar with VHDA and the specific property types in Mathews County (such as homes with wells and septic systems) is crucial for a smooth process.

How does the prevalence of older homes and waterfront properties in Moon affect the mortgage process?

It significantly impacts the appraisal and inspection. Lenders will require a thorough inspection, especially for older homes, to check for issues like outdated wiring, plumbing, or structural concerns. For waterfront properties, expect additional requirements like a separate flood certification and potentially mandatory flood insurance, which will be factored into your monthly payment calculations.

What is the average closing timeline for a mortgage in Moon, VA, and are there local delays to anticipate?

The average closing timeline is 30-45 days, similar to other areas. However, in Moon and Mathews County, you should anticipate potential delays related to title searches due to the age of many properties and complex land records. Using a local settlement agent or attorney with deep experience in the county's records is highly recommended to navigate this efficiently.

Are property tax rates in Mathews County a major factor in my overall mortgage payment in Moon?

Yes, they are a significant component. Mathews County has its own property tax rate, which is generally lower than in more urban parts of Virginia but is a key part of your monthly escrow payment. Your lender will use the current county rate to estimate these taxes, but it's wise to confirm the exact assessed value and any potential tax relief programs for primary residents with the Mathews County Commissioner of the Revenue's office.

Mortgage Insights

Finding Your Perfect Mortgage Match: A Guide to Lenders Near Moon, VA

Searching for "lenders near me" is one of the most crucial steps in your Moon, Virginia homebuying journey. It’s more than just finding a name on a map; it’s about connecting with a financial partner who understands the unique rhythm of our local market. Moon, with its blend of rural charm and proximity to the economic hubs of Northern Virginia and D.C., presents specific opportunities and challenges that a local lender can expertly navigate.

In a competitive market influenced by commuter demand, having a lender with local expertise is a powerful advantage. They understand how properties in Moon are valued—from homes with more land to those offering easier highway access. A lender familiar with Stafford County and the surrounding areas can provide a more realistic picture of what you can afford here, helping you craft a strong, competitive offer. In a multiple-offer situation, which is common in our region, the reputation and responsiveness of your local loan officer can assure a seller that your financing is in capable, reliable hands.

Your search for lenders near Moon should focus on those with deep Virginia roots. Here’s your actionable plan:

First, prioritize local banks and credit unions alongside regional mortgage companies. Institutions like Virginia Credit Union or local community banks often have a vested interest in serving Moon residents and may offer special programs or more personalized service. They have a firsthand understanding of the local economy and property types.

Second, ask pointed questions about Virginia-specific programs. An expert local lender will immediately guide you toward the Virginia Housing program. This isn't just another loan option; it's a potential game-changer for eligible buyers in Moon. Virginia Housing offers competitive interest rates, down payment assistance grants, and education for first-time homebuyers (which includes anyone who hasn't owned a home in the past three years). A lender who is a preferred partner with Virginia Housing can seamlessly integrate these benefits into your loan package, making homeownership more accessible.

Third, consider the logistics. While much of the mortgage process can be handled online, there’s undeniable value in having a loan officer you can meet face-to-face in Stafford County. They are familiar with local appraisers, title companies, and real estate attorneys, ensuring a smoother, more coordinated closing process. Ask any potential lender about their experience with properties that use well and septic systems, which are common in parts of Moon, as this can sometimes add a layer to the approval process.

Start your search by asking your Moon-area real estate agent for their trusted lender referrals, then interview at least three candidates. Ask them not just about rates, but about their experience with loans in Moon and Stafford County. The right "lender near you" will be a knowledgeable guide, helping you unlock the door to a home in our unique community with confidence and clarity.

Nearby Cities

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Why Choose a Mortgage Lender in Moon?

Local Market Knowledge

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