The Best Mortgage Lenders in Quantico, VA
Compare verified mortgage lenders serving Quantico, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Quantico
Featured Mortgage Lenders
Navy Federal Credit Union
Navy Federal Credit Union
Navy Federal Credit Union is exceptionally well-suited for Quantico residents, particularly military personnel and federal employees. As the world's largest credit union, they offer specialized VA loan programs with competitive rates and exceptional customer service. Their deep understanding of military relocation and PCS moves makes them ideal for Quantico Marine Corps Base families. They consistently receive top ratings for their streamlined application process and member-focused approach to mortgage lending.
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Atlantic Coast Mortgage
Atlantic Coast Mortgage LLC
Atlantic Coast Mortgage is a highly-rated local lender with extensive experience serving Northern Virginia, including Quantico. They specialize in military and VA loans, offering personalized service and competitive rates. Their team includes experts familiar with the unique needs of Quantico military families. With numerous awards and exceptional customer reviews, they're known for their responsive communication and ability to close loans efficiently, making them a top choice for the Quantico area.
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Burke & Herbert Bank
Burke & Herbert Bank & Trust Company
As Virginia's oldest bank, Burke & Herbert has deep roots in the Northern Virginia community and actively serves the Quantico area. They offer a full range of mortgage products with local decision-making and personalized service. Their long-standing presence in the region means they understand local market conditions and have built strong relationships with real estate professionals. They're particularly praised for their competitive rates and the expertise of their mortgage officers in handling military and civilian home purchases alike.
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Frequently Asked Questions
Common questions about mortgage lending in Quantico, VA
Are there special mortgage programs for military and civilian personnel buying near Marine Corps Base Quantico?
Yes, personnel stationed at or working for MCB Quantico often have access to favorable VA loans with no down payment and no private mortgage insurance (PMI). Additionally, some local lenders in Stafford County offer specialized "Heroes" or "Patriot" programs with reduced fees or closing cost assistance specifically for military, federal employees, and first responders serving the base community.
How does being in a high-velocity military area like Quantico affect the home appraisal process?
Appraisals in the Quantico area must account for the unique, transient nature of the military housing market. Appraisers often heavily rely on recent sales of similar properties within a short distance of the base, as values can be very location-specific. It's crucial to work with a lender and appraiser familiar with military relocation cycles and the consistent demand from PCS (Permanent Change of Station) moves.
What are typical down payment requirements for first-time homebuyers in the Quantico area?
While VA loans require zero down for eligible service members, conventional loans for first-time buyers in Quantico/Stafford often start at 3-5% down. The Virginia Housing Development Authority (VHDA) offers popular first-time buyer programs in the area, which can provide down payment assistance grants and competitive rates, helping offset costs in this competitive I-95 corridor market.
Does the proximity to a major military base impact property insurance requirements or costs for mortgages?
Yes, lenders will require standard homeowners insurance, but being near an active military installation does not typically raise premiums. However, some homes in the broader Quantico area may require additional flood insurance if located in a FEMA-designated flood zone near the Potomac River or Quantico Creek, which is a mandatory condition for mortgage approval.
Are closing costs generally higher for mortgages in Quantico compared to other parts of Virginia?
Closing costs in Quantico are generally aligned with Virginia averages, but a key local factor is the Virginia recordation tax, which varies by county. Stafford County's current rate is $0.25 per $100 of the sale price, which is a standard cost. You may see slightly higher title insurance or settlement fees due to the high volume of transactions and refinances driven by military turnover.
Why Choose a Mortgage Lender in Quantico?
Local Market Knowledge
Lenders who understand Quantico'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 Quantico and get competitive rates on your home loan.