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Your Lynchburg
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 Lynchburg? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Lynchburg mortgage lenders strive to provide the best mortgage rates available in the Lynchburg 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 Lynchburg 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 Lynchburg lenders that will compete to provide a loan at the lowest rate, matching you with nearly 11 Lynchburg 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 Lynchburg mortgage payment was $952 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 Lynchburg home.
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Lynchburg Mortgage Lenders
Lynchburg is a major city in Virginia with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Blue Ridge Mortgage llc, First Horizon Home Loan Corporation, Bank Of The James.Gmac Mortgage.United First Mortgage Inc.Mortgage Atlantic Inc.Suntrust Mortgage Inc.Bank Of The James.Transland Financial Services Inc.Branch Banking And Trust Co.
Lynchburg Mortgage & Real Estate Market
In 2006 Lynchburg housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Lynchburg was $104,100. This number is big in comparison to the median home value back in 2000 of $85,300. Lynchburg has a solid home ownership base with 28,350 houses and apartments and 57% of those are occupied by their owners. Despite the current market, historically Lynchburg has been a city where people move, buy and stay - with 46% of homeowners currently paying off a mortgage. About 18% 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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Lynchburg, VA Real Estate Market View
updated Tuesday, October 14, 2008
| Housing |
Lynchburg, VA |
United States |
| Homes Owned |
54.48% |
64.07%
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| Median Home Cost |
$153,900 |
$217,200
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| Home Appreciation |
16.30% |
9.80%
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| Homes Rented |
37.73% |
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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Lynchburg Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
46% |
| Homes With No Mortgage |
36% |
| Second Mortgage Only |
7% |
| Home Equity Loan Only |
11% |
| 2nd Mortgage or Home Equity |
18% |
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Additional Lynchburg Lenders
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Blue Ridge Mortgage llc
916 Main Street Suite 400
Lynchburg, VA 24504
(804)-806-1300
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First Horizon Home Loan Corporation
104 Tradewynd Dr
Lynchburg, VA 24502
(434)-237-6015
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Bank Of The James
615 Church St
Lynchburg, VA 24504
(434)-534-8090
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Gmac Mortgage
7335 Timberlake Road, Suite E
Lynchburg, VA 24501
(434)-239-4450
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United First Mortgage Inc
20564 Timberlake Rd Ste D
Lynchburg, VA 24502
(804)-237-5505
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Mortgage Atlantic Inc
5604 Fort Ave
Lynchburg, VA 24502
(804)-239-1850
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Suntrust Mortgage Inc
3723 Old Forest Road
Lynchburg, VA 24501
(804)-847-2342
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Bank Of The James
615 Church St
Lynchburg, VA 24504
(434)-534-5090
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Transland Financial Services Inc
137 Laxton Road,ste 100
Lynchburg, VA 24502
(434)-832-0097
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Branch Banking And Trust Co
925 Main St
Lynchburg, VA 24504
(434)-948-1236
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0.035%
0.011%
Common Sense