Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

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Include 1st & 2nd mortgages plus any equity loans or credit lines
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Virginia Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $253,715 $147,500 $205,000 $325,000
Property Values $367,185 $205,000 $305,000 $450,000
Average LTV 75.7%
Percent Refinance 85.7%
Pct of Refis Cashout 9.2%

Virginia Mortgage Rates

Looking for the best rate mortgage in Virginia? MortgageLoan.com will help you compare mortgage loan rates by loan type and credit profile, calculate payments, and review amortization tables. And when you're ready, we'll help you find lenders who are ready to work with you in Virginia.Your state offers many options for home financing, including fixed-rate mortgages (FRMs), adjustable-rate mortgages (ARMs), home equity loans, and home equity lines of credit (HELOCs). Comparing these options can be tedious. Get started on the right foot by considering which factors are most important to you. Many borrowers want the lowest possible monthly payment, but this isn't always the best option. What about obtaining the lowest possible rate, or keeping your overall interest costs low? Any of these objectives can be fulfilled with the right mortgage structure.

Capital One

4.327%APR

Rates as of: 8/1/2014 30 Yr. Fixed
  • Saving just makes sense. Get $1000 Off Closing Costs.
  • Get a customized quote in minutes.
  • Free 60-day rate lock and no application fee
Show Phone number

Call Now: 855-238-8771

Rate APR Term Point Payment
  • 4.125%
  • 4.250%
  • 4.500%
  • 4.327%
  • 4.367%
  • 4.533%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $994
  • $1,008
  • $1,039

Quicken Loans

4.101%APR

Rates as of: 8/1/2014 30 Yr. Fixed
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Show Phone number

Call Now: 800-695-1899

Rate APR Term Point Payment
  • 4.125%
  • 3.875%
  • 4.250%
  • 4.250%
  • 4.375%
  • 4.375%
  • 4.376%
  • 4.101%
  • 4.427%
  • 4.319%
  • 4.511%
  • 4.497%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.875%
  • 1.250%
  • 0.000%
  • 0.000%
  • 0.000%
  • $994
  • $964
  • $1,008
  • $1,008
  • $1,024
  • $1,024

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Rate Map for Virginia

Want to know what sort of mortgage rates others in your area are getting? This Rate Map for Virginia depicts individual mortgage loans obtained by borrowers in various locations across the state. Each balloon represents a single mortgage – clicking on one will provide information on the mortgage rate, amount, loan-to-value ratio and more.

To sort results by credit score or location, make your selections from the column at left.

If you found this tool useful in negotiating a mortgage and would like to add your own loan information to the database (anonymously, of course!), just click on “Share Your Rate” above the map. Your fellow consumers will appreciate it!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided since it is submitted by our visitors.

Mortgage Loan Types

It's difficult to compare rates on the different types of Virginia mortgages without understanding how each loan type works. FRMs have an unchanging interest rate and fixed monthly payment. Most often, FRMs mature in 30 years; but lower rate, 15-year programs are also common. ARMs offer a low rate and low payment in the early months of the loan, but are subject to rate increases over time. Second mortgages can carry a fixed or adjustable interest rate.

Refinance

Refinancing an existing mortgage can help you consolidate higher cost debt, provide you with a lump sum of cash, or lower your payment. Consolidating or cashing out requires that you borrow more than you owe on your current mortgage. This can be done if you have built up equity since purchasing the home. Lowering your payment is a possibility if Virginia's market rates are below the rate that you're currently paying. If market rates are the same or higher than your existing mortgage, look into lengthening the loan's maturity to reduce your payment.

Comparison Shopping

You'll find the best rate on your Virginia mortgage loan if you comparison shop. Here are the steps to follow:

  1. Review/compare market rates
  2. Browse Virginia lenders and brokers
  3. Calculate payments and amortization tables for different loan types
  4. Contact lenders and brokers to request quotes

Lastly, while you're researching your options, keep these points in mind:

  • Use advertised interest rates as a guideline only. These are reserved for borrowers with strong credit histories. To get a feel for how your credit history can affect your rate, browse Virginia rates by credit quality here.
  • You won't receive a written statement of terms until after you submit a loan application.
  • Some loan quotes may not be directly comparable to others. Using your written statement of terms, check the loan structures carefully. Look for differences in upfront payments and amortization schedules

Here's what it comes down to: Everyone knows Virginia is for lovers; but it's also a great place to buy and finance your dream home.