Mortgage Options in the State of Virginia
Virginia, one of the original 13 colonies, is rich in American historical sites such as the Jamestown settlement and Thomas Jefferson's legendary estate, Monticello. Plus, the state is filled with natural beauty. Its landscapes include both the stunning Atlantic coastline and the Appalachian mountain range, which all make it a great place to buy a home. Fortunately, our state-focused team of home loan and home finance experts is ready and waiting to educate you about all the basics of purchasing a home in Virginia. Right now, the Virginia median home value is $247,786, which is just a little more than the U.S. median home listing price of $261,500.
One of the priciest places to purchase a home in Virginia is Arlington, where the median listing price is $625,200. That's nearly three times more than the statewide median. Other popular areas in Virginia include Chesapeake, with a median home listing price of $244,300, and Roanoke, with a median home listing price of $141,500. In comparison, in Richmond, the state's capital, the average listing price is a slightly more expensive $157,500.
We created home.loans in order to guide you through every stage of the home purchase process -- and our team is excited to help you buy a home with confidence. Maybe you're looking for advice on how to buy your first home, or perhaps you want to utilize a government loan program like a USDA, VA or FHA loan. Or, you might want to tap the equity in your home via a home equity loan or HELOC. Either way, we can't wait to help you gain financial insight throughout your home buying journey.