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Paris, VA

The Best Mortgage Lenders in Paris, VA

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

3
Top Lenders
4.7
Avg Rating
550+
Reviews
7
Loan Types

Available Loan Programs in Paris

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM

Featured Mortgage Lenders

1

First Heritage Mortgage

First Heritage Mortgage, LLC

★★★★☆
4.8/5

First Heritage Mortgage is a top-rated local lender with deep roots in Northern Virginia, including Paris and Fauquier County. Known for exceptional customer service, personalized loan solutions, and competitive rates, they specialize in a wide range of mortgage products. Their long-standing reputation and high review scores reflect reliability and expertise in handling both purchase and refinance loans for rural and suburban homes.

Experience:25 years
Reviews:250 customer reviews
10 Culpeper Street, Warrenton, VA 20186

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Atlantic Bay Mortgage Group

Atlantic Bay Mortgage Group, LLC

★★★★☆
4.7/5

Atlantic Bay Mortgage Group is a highly respected regional lender with a strong presence in Virginia, serving Paris and surrounding areas. They offer competitive rates, a variety of loan options, and are praised for their responsive customer service and streamlined processes. With nearly three decades of experience, they have built a solid track record for helping borrowers in diverse markets, including rural communities.

Experience:28 years
Reviews:180 customer reviews
5000 Corporate Woods Drive, Suite 200, Virginia Beach, VA 23462

Loan Types:

ConventionalFHAVAUSDAJumboARM
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage combines national reach with local expertise, offering efficient online tools and dedicated loan officers for the Paris, VA area. They are recognized for fast closings, competitive rates, and excellent customer support, particularly in serving rural and small-town homebuyers. Their commitment to community involvement and high satisfaction ratings make them a reliable choice for mortgage needs.

Experience:16 years
Reviews:120 customer reviews
2115 Rexford Road, Charlotte, NC 28211

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Paris, VA

What are the typical down payment requirements for homes in Paris, VA, given its higher-than-average property values?

For the luxury and historic properties common in Paris, lenders often expect a minimum of 20% down to avoid private mortgage insurance (PMI). However, for more moderately priced homes in the surrounding Fauquier County, conventional loans with 5-10% down are possible. It's crucial to get a local lender familiar with appraisals in this unique market to ensure your down payment strategy aligns with property types here.

Are there specific mortgage considerations for buying a historic home in Paris, VA?

Yes, purchasing a historic property in Paris often requires a specialized appraisal and potentially a renovation loan, like an FHA 203(k) or Fannie Mae HomeStyle® loan, if updates are needed. Lenders may have stricter requirements regarding the home's condition and may not approve loans for properties needing major structural repairs. Working with a lender experienced in historic districts is highly recommended.

What local or state programs are available to help first-time homebuyers in Paris, VA?

First-time homebuyers should explore the Virginia Housing Development Authority (VHDA) programs, which offer competitive interest rates, down payment assistance grants, and closing cost assistance. These programs have income and purchase price limits, which are typically higher in Fauquier County than in urban areas, making them accessible for many looking to buy in the Paris area.

How do property taxes in Fauquier County impact the mortgage qualification process for a Paris home?

Fauquier County's property tax rates are a key factor in your debt-to-income ratio (DTI). While the rate is moderate, the higher assessed values of properties in and around Paris mean your monthly escrow payment for taxes will be significant. Your lender will calculate this into your total monthly obligation, which can affect how much home you qualify for compared to other regions.

Is it common to use USDA loans in Paris, VA, given its rural setting?

While Paris has a rural charm, the specific zip code and property location must be checked for USDA eligibility, as some areas may not qualify due to proximity to more developed corridors. For eligible properties on the outskirts, a USDA loan can be an excellent option with 0% down, but for homes within the village itself, conventional or FHA loans are typically more applicable.

Mortgage Insights

Finding Your Perfect Mortgage Partner in Paris, Virginia

Searching for "mortgage loan companies near me" is one of the most crucial steps in your Paris, Virginia homebuying journey. It’s about more than just proximity; it’s about finding a lender who understands the unique character of our local market and can guide you through a process that blends rural charm with high-stakes real estate. Here’s how to approach this search with Paris specifically in mind.

Paris, VA, isn't just any small town. Nestled in the foothills of the Blue Ridge Mountains in Fauquier County, it offers a blend of historic properties, expansive estates, and more modest homes, often on larger parcels of land. This diversity means your mortgage needs are specific. A local lender familiar with appraising historic homes, properties with acreage, or wells and septic systems is invaluable. They won't be fazed by the nuances that can sometimes trip up larger, national banks unfamiliar with our market's particulars.

Start your search by looking at lenders with a physical presence in Fauquier or surrounding counties like Loudoun or Clarke. These local loan officers live and work in the region. They understand the competitive nature of the market here, where desirable properties can move quickly. They can often provide more personalized service and faster communication, which is critical when you need to submit a strong, timely offer. Don't hesitate to ask potential companies for references from recent clients who bought in the Paris area.

On a state level, be sure to explore Virginia-specific homebuyer programs. The Virginia Housing Development Authority (VHDA) offers fantastic options for eligible buyers, including competitive interest rates, down payment assistance grants, and closing cost assistance. Many local mortgage companies in Virginia are approved VHDA lenders and can expertly walk you through these programs to see if you qualify. This could be the key to making homeownership in Paris more accessible.

Your actionable advice is this: Create a shortlist of 2-3 local mortgage companies and one or two reputable online lenders for comparison. Schedule consultations with each. Come prepared with questions: "How many loans have you closed in Fauquier County in the last year?" "Can you explain how VHDA programs might work for me?" "What is your typical timeline for pre-approval and closing?" Pay close attention to how they communicate and their willingness to educate you.

Ultimately, the right "mortgage company near you" in Paris, VA, will be a trusted advisor. They will help you navigate not just the numbers, but the unique landscape of buying a home in this special part of Virginia, ensuring your financing is as solid and beautiful as the Blue Ridge views you're hoping to call your own.

Nearby Cities

Explore mortgage lenders in cities near Paris, VA

Why Choose a Mortgage Lender in Paris?

Local Market Knowledge

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