The Best Mortgage Lenders in Remington, VA
Compare verified mortgage lenders serving Remington, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Remington
Featured Mortgage Lenders
Virginia Credit Union Mortgage Services
Virginia Credit Union
Virginia Credit Union stands out as one of the most highly-rated mortgage lenders serving Remington and surrounding areas, with exceptional customer satisfaction ratings and deep community roots across Virginia. As a not-for-profit financial cooperative, they offer highly competitive rates and personalized service. Their mortgage team specializes in both rural properties common in the Remington area and various loan programs including VA loans important for military families. With decades of experience serving Virginians, they provide comprehensive guidance through the entire homebuying process and have consistently high ratings for their responsive service and transparent communication.
Loan Types:
Blue Door Mortgage
Blue Door Mortgage, LLC
Blue Door Mortgage, located just 15 miles from Remington in Warrenton, has built an outstanding reputation as a local mortgage broker serving Fauquier County and surrounding areas. They excel at providing personalized mortgage solutions for both rural properties and suburban homes, with particular expertise in USDA loans relevant to Remington's semi-rural location. Their team of experienced loan officers offers competitive rates from multiple lenders and is known for their exceptional customer service, quick response times, and guiding clients smoothly through complex loan processes. Numerous reviews highlight their expertise with first-time homebuyers and investment properties.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage maintains a strong local presence in Northern Virginia with offices in Fredericksburg serving the Remington area. As a national lender with deep local roots, they combine the efficiency of digital mortgage processes with personalized local service. They're particularly noted for their fast closing times and streamlined application process. Movement has received numerous industry awards for customer satisfaction and has built a strong reputation for serving military families with VA loans, which is relevant given Remington's proximity to military installations. Their local loan officers have extensive knowledge of the Virginia housing market and provide comprehensive support throughout the mortgage journey.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Remington, VA
What are the typical down payment requirements for homes in Remington, VA, given its rural market?
In Remington's rural market, many conventional loans still require a 5-10% down payment, but USDA loans are a popular option that offer 0% down for eligible buyers purchasing in this designated rural area. FHA loans with 3.5% down are also common, especially for first-time buyers. Local lenders are very familiar with these programs and can help determine the best fit for properties in and around Remington.
Are there any special mortgage programs for first-time homebuyers in Fauquier County that apply to Remington?
Yes, the Virginia Housing Down Payment Assistance Grant (DPA) is a key statewide program accessible to Remington buyers, which can provide funds for down payment and closing costs. Additionally, some local credit unions and community banks in Fauquier County may offer their own first-time buyer programs or grants. It's advisable to work with a lender experienced in these Virginia-specific programs to maximize available assistance.
How do property types common in Remington, like older homes or land, affect mortgage lending?
Financing older homes or properties with acreage, common in Remington, can require specific loan considerations. Lenders may require specialized appraisals and inspections for older structures, and for larger parcels, they might only finance the value of the house and a standard lot size. For raw land purchases, a traditional mortgage is not available; you would typically need a land loan or construction loan from a local agricultural or community bank.
What is the current trend for mortgage interest rates in Remington compared to the national average?
Mortgage rates in Remington generally align with national averages, as they are driven by broader economic factors. However, local credit unions or community banks in the region may occasionally offer competitive, personalized rates. Your specific rate will depend more on your credit profile and loan type than your location within Virginia, but shopping local lenders can sometimes yield favorable terms.
What should I know about property taxes and insurance when calculating my mortgage payment in Remington?
Fauquier County sets the property tax rate, which is currently $0.87 per $100 of assessed value, and this will be included in your monthly escrow payment. Due to Remington's rural setting and distance from full-time fire departments, homeowners insurance can be higher, especially if the property includes outbuildings or is far from a fire hydrant. It's crucial to get insurance quotes early in the homebuying process to accurately estimate your total monthly payment.
Nearby Cities
Explore mortgage lenders in cities near Remington, VA
Why Choose a Mortgage Lender in Remington?
Local Market Knowledge
Lenders who understand Remington'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 Remington and get competitive rates on your home loan.