Looking for a trusted Virginia mortgage lender? AD Mortgage is broker-voted top lender, providing partners with a broad range of mortgage solutions
Northern Virginia’s high-demand, higher-priced communities differ substantially from markets in Richmond, Hampton Roads, and other growing areas across the Commonwealth.
According to Zillow data from June 2026, Virginia’s average home value was $418,375, up 2.1% year over year. Homes spent a median of 16 days on the market, reflecting continued buyer activity across Virginia.
AD Mortgage provides Virginia mortgage brokers with a broad range of loan solutions for first-time buyers, veterans, self-employed borrowers, investors, and borrowers with non-traditional lending needs.
AD Mortgage combines flexible mortgage programs, competitive terms, and fast turn times to help Virginia mortgage brokers support borrowers with confidence.
An affordable financing option with standard requirements
Close DSCR loans with fast turn times
A perfect fit for self-employed borrowers
Get 50 bps with all Rate Buydowns. Add flexibility with Lender-Paid or Seller-Paid options.
Choose from 1-0, 1-1, 2-1, and 3-2-1 options to help borrowers lower their initial monthly payments.
For primary residences and 2nd homes on 30-Year Fixed Super Prime, Prime, and Fixed Conventional. 
Virginia real estate taxes are set and administered locally by cities, counties, and towns. Rates, assessments, exemptions, and payment schedules vary by locality, so buyers should confirm property-tax details with the relevant local tax office. Property taxes can affect the total monthly housing payment.
Virginia closing costs vary by loan type, lender, property location, and transaction details. Common costs may include:
Virginia borrowers may have access to homeownership and down payment assistance programs through Virginia Housing and the Virginia Department of Housing and Community Development (DHCD), including:
Disclaimer: Mortgage rates, program availability, property taxes, and closing costs are subject to program requirements and availability. This information is provided for general educational purposes only and is not intended as legal, tax, or financial advice
24/7 Support for Virginia Loan Workflows
Faster Answers for Complex Virginia Non-QM Scenarios
Mortgage Resources for Virginia Partners
Streamline the Process with Rapid, State-compliant Initial Disclosure
Track Virginia Loans in AIM
A Virginia Loan Calculator to Estimate Payments with Ease
Earn and Redeem Points for Benefits
A Free Platform to Help You Become an Industry Leader
Get a Virginia Mortgage Scenario Reviewed in 30 minutes
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How Do I Choose a Mortgage Lender in Virginia?
Most importantly, a mortgage lender must be licensed in Virginia. For example, AD Mortgage holds a Virginia Broker and Lender License, MC-6653, and NMLS ID #958660. Brokers should also review the lender’s program offerings, rates, fees, and overall experience to find a reliable and strong lending partner.
How Do I Find a Licensed Mortgage Lender in Virginia?
To find a licensed mortgage lender in Virginia, confirm the lender’s authorization through the NMLS Consumer Access database. The Virginia State Corporation Commission identifies NMLS as its official system of record for mortgage brokers, lenders, lender-brokers, and mortgage loan originators.
What are Current Mortgage Rates in Virginia?
Virginia mortgage rates vary because of market changes and borrower qualifications. Check the interest rate and loan term for your client by submitting a Loan Scenario.
What is the Difference Between a Mortgage Broker and a Mortgage Lender in Virginia?
A mortgage broker works with borrowers to identify and place suitable financing options, while a mortgage lender underwrites and funds the loan. Wholesale lenders work through mortgage professionals such as brokers, whereas banks and direct lenders typically originate loans directly with borrowers.
Can I Work with an Online Mortgage Lender in Virginia?
Yes. You can work with an online mortgage lender in Virginia as long as the lender is properly authorized to do business in the Commonwealth. Focus on confirming its Virginia license through NMLS, then evaluate its loan options, communication, technology, turnaround times, and the level of support provided throughout the loan process.
What are the Virginia Mortgage Lender Licensing Requirements?
Virginia mortgage lenders and brokers must be licensed through the Virginia SCC, while individual mortgage loan originators require separate NMLS licensing or authorization.
How Do I Become a Mortgage Loan Originator in Virginia?
To become a mortgage loan originator in Virginia, complete at least 20 hours of NMLS-approved pre-licensure education – including federal law, ethics, and non-traditional mortgage lending – then meet applicable testing, background-check, credit, sponsorship, and Virginia SCC/NMLS licensing requirements.
What Credit Score Do You Need to Buy a House in Virginia?
Credit-score requirements vary by loan program, underwriting findings, and borrower profile. Some AD Mortgage FHA and VA options may accept eligible borrowers with FICO scores as low as 580, while Conventional and Non-QM requirements vary by program.
How Much Money Do You Need to Buy a House in Virginia?
The amount needed to buy a house in Virginia depends on the home price, loan program, and borrower qualifications. Buyers should plan for a down payment, closing costs, prepaid expenses such as property taxes and homeowners insurance, and any required cash reserves. Eligible buyers may reduce upfront costs through Virginia Housing, DHCD, or local down payment and closing-cost assistance programs.
Can You Buy a House in Virginia without 20% Down?
Virginia borrowers may qualify to buy a home with less than 20% down through Conventional, FHA, VA, and other eligible loan programs. Qualified buyers may also have access to Virginia down payment assistance programs.
What First-Time Homebuyer Programs are Available in Virginia?
Eligible first-time homebuyers can benefit from the Virginia Housing DPA Grant, the Virginia DHCD HOMEownership, the Virginia Pilot DPA, or locally administered assistance programs. Eligibility, funding availability, income limits, and program requirements vary.
What is Virginia Housing Down Payment Assistance?
In Virginia, several down payment assistance programs are available through Virginia Housing and the Virginia Department of Housing and Community Development (DHCD). These programs may help eligible homebuyers with down payments, closing costs, or both, depending on the program.
Are FHA Loans Available in Virginia?
Yes. AD Mortgage offers FHA Standard, FHA High Balance, and FHA Streamline Refinance programs. Submit a scenario to check your client’s eligibility.
What is the Minimum Down Payment for an FHA Loan in Virginia?
Eligible Virginia borrowers may qualify for a down payment as low as 3.5% with AD Mortgage’s FHA Standard or FHA High Balance loan programs.
Are VA Loans Available in Virginia?
Yes. AD Mortgage offers VA loan programs to eligible Virginia borrowers. VA Standard program offers loan amounts up to $2 million, no down payment requirement for eligible borrowers, and a minimum FICO score of 580.
Can Eligible Veterans Buy a Home in Virginia with No Down Payment?
Yes. Eligible veterans, service members, and qualifying surviving spouses may be able to buy a home in Virginia with a VA-backed loan and no down payment.
How Much are Closing Costs in Virginia?
Virginia closing costs vary by loan type, lender, property location, and transaction details. Common costs may include lender fees, appraisal, title and settlement services, recording or recordation charges, prepaid taxes and insurance, escrow deposits, mortgage insurance, and discount points if selected.
How Do Virginia Property Taxes Affect a Mortgage Payment?
Virginia real estate taxes are set locally, increasing a homebuyer’s monthly housing payment. The tax amount depends on the property’s assessed value and the applicable city, county, or town tax rate.
Are Property Taxes Included in Mortgage Payments in Virginia?
They may be. When a lender requires or establishes an escrow account, a portion of each monthly payment is collected for property taxes and homeowners insurance and paid when due.
Can Self-Employed Borrowers Get a Mortgage in Virginia Using Bank Statements?
Yes. Eligible self-employed borrowers may qualify using personal, business, or combined bank statements rather than tax returns through AD Mortgage’s Bank Statement loan program.
Are ITIN Mortgage Loans Available in Virginia?
Yes. AD Mortgage offers ITIN loan programs with loan amounts up to $1.5 million.
Can Virginia Real Estate Investors Get DSCR Loans?
Yes. AD Mortgage offers DSCR mortgages with loan amounts up to $3 million. Explore the DSCR loan page for more details.
How Much Income Do I Need to Afford a $400,000 or $500,000 Home in Virginia?
The income needed depends on the interest rate, down payment, debt-to-income ratio, local property taxes, homeowners insurance, HOA dues, and other monthly debts. Use a mortgage calculator or AD Mortgage’s Quick Pricer to estimate payments and evaluate a specific scenario.
Does AD Mortgage Work in Virginia?
Yes. AD Mortgage is a licensed wholesale lender, holding Virginia broker and lender license MC-6653 and NMLS ID #958660.
Is AD Mortgage a Wholesale Mortgage Lender in Virginia?
Yes. AD Mortgage is a wholesale mortgage lender that works with independent mortgage brokers to provide a range of loan solutions for their clients. The company operates in Virginia and coast to coast.
Does AD Mortgage Work With Mortgage Brokers in Reston, Virginia?
Yes. AD Mortgage partners with eligible mortgage brokers throughout Virginia, including those serving Reston and surrounding Northern Virginia communities.
Does AD Mortgage Work With Mortgage Brokers in Richmond, Virginia?
Yes. AD Mortgage partners with eligible mortgage brokers throughout Virginia, including brokers serving Richmond and Central Virginia.
Does AD Mortgage Work With Mortgage Brokers in Virginia Beach?
Yes. AD Mortgage works with eligible mortgage brokers throughout Virginia, including brokers serving Virginia Beach and the Hampton Roads region.
Does AD Mortgage Offer Non-QM Loans in Virginia?
Yes. AD Mortgage offers a range of Non-QM loan programs in Virginia, subject to licensing and program guidelines.
Does AD Mortgage Offer DSCR Loans in Virginia?
Yes. AD Mortgage offers DSCR loans for eligible real estate investors in Virginia.
Does AD Mortgage Offer Bank Statement Loans in Virginia?
Yes. AD Mortgage offers Bank Statement loans for eligible self-employed borrowers in Virginia.
Does AD Mortgage Offer ITIN Loans in Virginia?
Yes. AD Mortgage offers ITIN loan programs for eligible borrowers in Virginia, subject to program terms and underwriting requirements.
Does AD Mortgage Offer VA Loans in Virginia?
Yes. AD Mortgage offers VA loan options for eligible veterans, service members, and qualifying surviving spouses in Virginia. VA-backed loans may allow eligible borrowers to purchase with no down payment.
How Do I Submit a Virginia Mortgage Scenario to AD Mortgage?
To submit a Scenario Request, fill out this form. Our managers will contact you within 30 minutes with a mortgage solution tailored to your client’s needs.
