The Best Mortgage Lenders in White Plains, VA
Compare verified mortgage lenders serving White Plains, Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in White Plains
Featured Mortgage Lenders
First Heritage Mortgage
First Heritage Mortgage, LLC
First Heritage Mortgage is a highly-rated local lender with over two decades of experience serving Virginia communities, including White Plains. They are known for personalized service, competitive rates, and expertise in various loan programs. With strong customer satisfaction ratings and a commitment to the local market, they offer a smooth mortgage process from application to closing, making them a top choice for homebuyers in the region.
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TowneBank Mortgage
TowneBank Mortgage
TowneBank Mortgage is a respected regional lender with a strong presence in Virginia, offering reliable mortgage services to White Plains and surrounding areas. They excel in customer service, with competitive rates and a wide range of loan options. Their long-standing reputation, community involvement, and high review scores reflect their dedication to helping clients achieve homeownership with trust and efficiency.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a strong local footprint in Virginia, serving White Plains through efficient online and in-person services. Known for fast closings, competitive rates, and excellent customer support, they have built a reputation for reliability and innovation. Their high ratings and substantial review count underscore their ability to deliver a seamless mortgage experience tailored to individual needs.
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Frequently Asked Questions
Common questions about mortgage lending in White Plains, VA
What are the typical down payment requirements for homes in White Plains, VA, and are there local programs to assist?
In White Plains, typical down payments range from 3% for conventional loans to 3.5% for FHA loans. While White Plains itself does not have a city-specific program, homebuyers in Prince William County can access the VHDA Down Payment Assistance Grant, which provides up to 2.5% of the home's purchase price as a no-interest, no-monthly-payment grant to help with down payment and closing costs.
How does the proximity to military bases like Quantico and Fort Belvoir affect mortgage lending in White Plains?
White Plains's location makes VA loans exceptionally common and well-understood by local lenders. Many residents are active-duty military, veterans, or civilian employees, so lenders in the area are highly experienced with VA loan processing, which can lead to smoother transactions and competitive rates for eligible borrowers.
Are property taxes in White Plains, VA, typically escrowed into the mortgage payment?
Yes, most lenders in Prince William County will require an escrow account for property taxes and homeowner's insurance as part of your monthly mortgage payment. White Plains property taxes are calculated based on the county's assessment, and escrowing helps ensure these bills are paid on time, which is a standard practice for loans with less than 20% down.
What should I know about well and septic system requirements when getting a mortgage for a rural property in White Plains?
Many homes in the White Plains area are on private well and septic systems. Mortgage lenders will typically require a satisfactory water quality test and a septic system inspection as a condition for loan approval. Using a local lender familiar with these rural requirements in Prince William County can help navigate this process efficiently.
Are there specific first-time homebuyer programs or incentives for purchasing in White Plains, VA?
First-time homebuyers should explore the Virginia Housing Development Authority (VHDA) programs, which are available statewide. These include competitive interest rate loans, down payment assistance grants, and educational courses. While not exclusive to White Plains, these programs are particularly valuable here, helping buyers manage costs in a competitive market influenced by the broader Northern Virginia region.
Why Choose a Mortgage Lender in White Plains?
Local Market Knowledge
Lenders who understand White Plains'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 White Plains and get competitive rates on your home loan.