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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 Richmond? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Richmond mortgage lenders strive to provide the best mortgage rates available in the Richmond area. Back to Virginia Mortgage
Search and Compare Mortgage Rates

The next step is hunting down the best mortgage for that Richmond 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 Richmond lenders that will compete to provide a loan at the lowest rate, matching you with nearly 56 Richmond 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 Richmond mortgage payment was $1,209 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 Richmond home.

Richmond Mortgage Lenders

Richmond is a major city in Virginia with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Gmac Mortgage, Wachovia Mortgage Corporation, Amstar Mortgage Corporation, Mortgage and Equity Funding.Countrywide Home Loans Inc.Amerifund Financial Inc.Alliance Home Mortgage.Key Mortgage Company, Inc..National Bank Of Commerce.Network Funding Lp.

Richmond Mortgage & Real Estate Market

In 2006 Richmond housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Richmond was $149,400. This number is big in comparison to the median home value back in 2000 of $87,300. Richmond has a solid home ownership base with 93,220 houses and apartments and 40% of those are occupied by their owners. Despite the current market, historically Richmond has been a city where people move, buy and stay - with 54% of homeowners currently paying off a mortgage. About 18% of the city's current homeowners are carrying a second mortgage or home equity loan.

Hartford Financial Group LLC
525 Metro Place North suite 200
Dublin, OH
Phone: 614-339-0285
Ask for: Yocom Gordie
Special Mortgage Programs
Call Gordon today at 614-339-0285 or Apply On-Line !!
Visit Website


Richmond, VA Real Estate Market View
updated Friday, September 05, 2008

Housing Richmond, VA United States
Median Home Cost $172,500 $217,200
Homes Rented 50.02% 21.45%
Home Appreciation 14.10% 9.80%
Homes Owned 41.63% 64.07%

1 Year Market Value Change
1yr | 5yr | 10yr
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

Richmond Mortgage Statistics

Category Value
2nd Mortgage or Home Equity 18%
First Mortgage Only 54%
Home Equity Loan Only 9%
Homes With No Mortgage 28%
Second Mortgage Only 9%

Richmond Rates & Mortgage Calculator
updated Friday, September 05, 2008

Mortgage Type Today Last Week Change
30 yr fixed 6.03 6.24   0.035%
15 yr fixed 5.47 5.72   0.046%
5/1 ARM 5.34 5.43   0.017%
3/1 ARM 5.48 5.42   0.011%
Your dream of home ownership, refinancing, or using your homes equity might just be an
application away. Simply fill out our short form and get quotes from mortgage lenders near you!

Simple Payment Calculator
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Additional Richmond Lenders
Gmac Mortgage
7202 Glen Forest Drive, Suite 307
Richmond, VA 23226
(804)-673-0370
Wachovia Mortgage Corporation
1801 Bayberry Court, Suite 103
Richmond, VA 23226
(804)-727-1200
Amstar Mortgage Corporation
9011 Arboretum Pkwy Ste 175
Richmond, VA 23236
(804)-330-7888
Mortgage and Equity Funding
7200 Glen Forest Dr.
Richmond, VA 23226
800-963-6332
Countrywide Home Loans Inc
1601 Willow Lawn Dr, #108
Richmond, VA 23230
(804)-285-1400
Amerifund Financial Inc
6601 Irongate Sq Ste C
Richmond, VA 23234
(804)-271-1300
Alliance Home Mortgage
10045 Midlothian #200
Richmond, VA 23235
800-741-7988
Key Mortgage Company, Inc.
9001 Three Chopt Road
Richmond, VA 23229
804-285-3111
National Bank Of Commerce
9030 Stony Point Pkwy
Richmond, VA 23235
(804)-327-7500
Network Funding Lp
11175 Ridgefield Pkwy # 108
Richmond, VA 23233
(804)-937-6811
Richmond Real Estate Agents
Countrywide Realty
8503 Mayland Drive
Richmond, VA 23294
(804)-852-5173
Sterling Properties
7520 Brook road
Richmond, VA 23227
(804)-262-7653
Real Estate Consulting, Inc.
8624 Woodshill Court
Richmond, VA 23235
(804)-330-7740
Joyner Fine Properties
2727 Enterprise Pkwy.
Richmond, VA 23294
(804)-967-2716
 
Virginia Mortgage Partners

Call George Moffitt or Chuck Payne at 919-835-1542 or Apply on-line today!


Call Mary Anne Bamberger at 561-767-4854 or Apply On-Line Today!!

Mortgage Calculators


Fixed Rate vs. Interest Only
Mortgage Loan Payoff
Simple Mortgage Calculator
Mortgage Loan Comparison
Savings Goal Calculator

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Mortgage Tools & Help


Mortgage Identity Theft
Glossary of Mortgage Terms
Ask a Mortgage Lender
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Predatory Mortgage Lending
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Common Sense
Mortgage and Finance

Peter G. Miller - Mortgage Lenders Plus.com
Peter Miller is the author of the Common Sense Mortgage and has been featured on such media outlets as Oprah, The Today Show and CNN. His columns now appear in leading real estate media including the Real Estate Professional and RealtyTimes.com.
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