|
|
Your Norfolk
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 |
|
|
|
Would you like to buy or refinance a home in Norfolk? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Norfolk mortgage lenders strive to provide the best mortgage rates available in the Norfolk area. Back to Virginia Mortgage
|
|
Search and Compare Mortgage Rates
The next step is hunting down the best mortgage for that Norfolk 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 Norfolk lenders that will compete to provide a loan at the lowest rate, matching you with nearly 9 Norfolk 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 Norfolk mortgage payment was $1,220 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 Norfolk home.
|
Norfolk Mortgage Lenders
Norfolk is a major city in Virginia with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
American Home Mortgage Corp, American Nationwide Mortgage Company Inc, Suntrust Mortgage Inc, Essex Savings Bank Inc.Heritage Bank And Trust.Heritage Funding.Tidewater First Mortgage llc.Providence One Inc.Southern Trust Mortgage llc.Elizabeth River Mortgage Lp.
Norfolk Mortgage & Real Estate Market
In 2006 Norfolk housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Norfolk was $152,200. This number is big in comparison to the median home value back in 2000 of $88,400. Norfolk has a solid home ownership base with 96,280 houses and apartments and 41% of those are occupied by their owners. Despite the current market, historically Norfolk has been a city where people move, buy and stay - with 55% of homeowners currently paying off a mortgage. About 17% of the city's current homeowners are carrying a second mortgage or home equity loan.
| American Mortgage Group Inc. |
5400 Glenwood Ave.
Raleigh, NC
|
Phone: 919-835-1542
Ask for: Payne Chuck
|
| Special Mortgage Programs |
|
Call George Moffitt or Chuck Payne at 919-835-1542 or Apply on-line today!
|
| Visit Website |
|
|
Norfolk, VA Real Estate Market View
updated Monday, September 08, 2008
| Housing |
Norfolk, VA |
United States |
| Home Appreciation |
33.40% |
9.80%
|
| Median Home Cost |
$230,500 |
$217,200
|
| Homes Rented |
49.77% |
21.45%
|
| Homes Owned |
41.57% |
64.07%
|
|
|
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 |
|
Norfolk Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
55% |
| Home Equity Loan Only |
7% |
| Homes With No Mortgage |
28% |
| 2nd Mortgage or Home Equity |
17% |
| Second Mortgage Only |
11% |
|
Additional Norfolk Lenders
|
American Home Mortgage Corp
6383 Center Dr Ste 201
Norfolk, VA 23502
(757)-455-6414
|
|
American Nationwide Mortgage Company Inc
1216 Granby Street Suite-21
Norfolk, VA 23510
(757)-469-0020
|
|
Suntrust Mortgage Inc
Plaza East 4th Fl 500 Main St
Norfolk, VA 23510
(757)-624-5426
|
|
Essex Savings Bank Inc
9 Interstate Corporate Center
Norfolk, VA 23502
(757)-893-1300
|
|
Heritage Bank And Trust
841 North Military Highway
Norfolk, VA 23502
(757)-523-4695
|
|
Heritage Funding
142 W York St #305
Norfolk, VA 23510
757-623-1225
|
|
Tidewater First Mortgage llc
809 E Ocean View Ave Ste D
Norfolk, VA 23503
(757)-480-1600
|
|
Providence One Inc
816 Norview Ave
Norfolk, VA 23509
(757)-518-8202
|
|
Southern Trust Mortgage llc
150 Boush Street Suite 400
Norfolk, VA 23510
(757)-518-0700
|
|
Elizabeth River Mortgage Lp
701 W 21st Street
Norfolk, VA 23517
(757)-965-5155
|
|
|
|
|
0.035%
0.011%
Common Sense