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Your Chesapeake
Lender and Mortgage Resource
| Why Mortgage Lenders Plus? |
| Certified lenders compete for your loan and you compare and choose from multiple offers online! |
Trained consultants are available to assist you whenever you need them. Apply Today |
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Would you like to buy or refinance a home in Chesapeake? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Chesapeake mortgage lenders strive to provide the best mortgage rates available in the Chesapeake area. Back to Virginia Mortgage
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Search and Compare Mortgage Rates
The next step is hunting down the best mortgage for that Chesapeake home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Chesapeake lenders that will compete to provide a loan at the lowest rate, matching you with nearly 10 Chesapeake mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.
How much of a Mortgage?
Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Chesapeake mortgage payment was $1,423 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Chesapeake home.
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Chesapeake Mortgage Lenders
Chesapeake is a major city in Virginia with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Global Mortgage Inc, Superior Mortgage Corp, First Horizon Home Loan Corporation, Monarch Home Funding, Virginia Mortgage Bankers.Hometown Mortgage Corp.American Home Mortgage Corp.Home Loan Corporation.Tidewater Home Funding.Wachovia Mortgage Corporation.
Chesapeake Mortgage & Real Estate Market
In 2006 Chesapeake housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Chesapeake was $218,400. This number is big in comparison to the median home value back in 2000 of $122,300. Chesapeake has a solid home ownership base with 79,291 houses and apartments and 72% of those are occupied by their owners. Despite the current market, historically Chesapeake has been a city where people move, buy and stay - with 61% of homeowners currently paying off a mortgage. About 23% of the city's current homeowners are carrying a second mortgage or home equity loan.
| American Financial Resources |
273 East Main St
Denville, NJ
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Phone: (800) 316-9508
Ask for: Hamman Shaun
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| Special Mortgage Programs |
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Call Shaun Hamman at (800) 316-9508 or Apply On-Line Today!!
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Chesapeake, VA Real Estate Market View
updated Thursday, July 24, 2008
| Housing |
Chesapeake, VA |
United States |
| Homes Owned |
72.24% |
64.07%
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| Median Home Cost |
$292,900 |
$217,200
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| Home Appreciation |
31.00% |
9.80%
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| Homes Rented |
23.96% |
21.45%
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Popular Cities and Towns
| Location |
Population |
Median Family Income (2005) |
| Alexandria |
128,283 |
$56,054 |
| Annandale |
54,994 |
$72,561 |
| Arlington |
189,453 |
$63,001 |
| Blacksburg |
39,573 |
$22,513 |
| Burke |
57,737 |
$93,561 |
| Centreville |
48,661 |
$71,232 |
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Chesapeake Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
61% |
| Homes With No Mortgage |
16% |
| Second Mortgage Only |
14% |
| Home Equity Loan Only |
9% |
| 2nd Mortgage or Home Equity |
23% |
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Additional Chesapeake Lenders
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Global Mortgage Inc
1020 Baydon Lane
Chesapeake, VA 23322
(757)-482-7263
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Superior Mortgage Corp
1228 Progressive Dr.
Chesapeake, VA 23320
(757)-548-1010
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First Horizon Home Loan Corporation
1305 Executive Blvd Ste 100
Chesapeake, VA 23320
(757)-222-1234
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Monarch Home Funding
1403 Greenbrier Pkwy Suite 150
Chesapeake, VA 23320
(757)-424-6688
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Virginia Mortgage Bankers
305 Coventry Close #202
Chesapeake, VA 23320
1866-229-4210xt 6857
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Hometown Mortgage Corp
1013 Eden Way North
Chesapeake, VA 23320
757-306-8001
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American Home Mortgage Corp
860 Greenbrier Cir Ste 105
Chesapeake, VA 23320
(757)-361-3888
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Home Loan Corporation
2005 Old Greenbrier Rd Ste 101
Chesapeake, VA 23320
(757)-547-8500
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Tidewater Home Funding
1108 Eden Way N
Chesapeake, VA 23320
(757)-366-8690
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Wachovia Mortgage Corporation
2612 Taylor Road
Chesapeake, VA 23321
(757)-488-2700
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0.035%
0.011%
Common Sense