Virginia Mortgage Rates Today
Here is your quote for a as in with a purchase price of and .
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- -Lender fees
- $0 guaranteed
- -Cost to buy a lower rate
- $5,182
- -Other closing costs
- $8,000-$12,000
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| Lender | Estimated avg. rate range* | Lender fees‡ | Customer reviews |
|---|---|---|---|
| Tomo Mortgage | 7.00% – 7.15% | $0 | Highly rated |
| Kwik Mortgage | 7.00% – 7.15% | $0 – $1095 | Highly rated |
| UNFCU | 7.00% – 7.15% | $825 | Below average |
| AimLoan | 7.00% – 7.15% | $995 | Mixed reviews |
| PenFed Credit Union | 7.00% – 7.15% | $995 | Average |
| Advance Financial Group, LLC | 7.15% – 7.38% | $1395 | — |
| American Neighborhood Mortgage | 7.15% – 7.38% | $1795 | — |
| American Pacific Mortgage Corp | 7.15% – 7.38% | $1690 | — |
| Benchmark Mortgage | 7.15% – 7.38% | $1095 | — |
| Assurance Financial Group, L.L.C. | 7.15% – 7.38% | $1450 | — |
| Atlantic Bay Mortgage Group | 7.15% – 7.38% | $1376 | — |
| Atlantic Coast Mortgage, LLC | 7.15% – 7.38% | $1345 | — |
| Atlantic Union Bank | 7.15% – 7.38% | $1495 | — |
| Bank of England | 7.15% – 7.38% | $1339 | — |
| Bayshore Mortgage Funding | 7.15% – 7.38% | $1495 | — |
| Capital Bank, N.A. | 7.15% – 7.38% | $1295 | — |
| CMG Mortgage Inc. | 7.15% – 7.38% | $1485 | — |
| Coastal Federal Credit Union | 7.15% – 7.38% | $950 | — |
| CrossCountry Mortgage, LLC | 7.15% – 7.38% | $1490 | — |
| DAS Acquisition Company, LLC | 7.15% – 7.38% | $1395 | — |
| Digital Federal Credit Union | 7.15% – 7.38% | $695 | — |
| Encompass Lending Group, L.P. | 7.15% – 7.38% | $1490 | — |
| Envoy Mortgage, Ltd. | 7.15% – 7.38% | $1460 | — |
| Evansville Teachers Federal Credit Union | 7.15% – 7.38% | $849 | — |
| Fairway Independent Mortgage Corp | 7.15% – 7.38% | $1595 | — |
| First Community Mortgage | 7.15% – 7.38% | $1470 | — |
| First Heritage Mortgage, LLC | 7.15% – 7.38% | $1290 | — |
| First Home Mortgage | 7.15% – 7.38% | $1735 | — |
| First Savings Mortgage Corporation | 7.15% – 7.38% | $1390 | — |
| Fulton Bank N.A. | 7.15% – 7.38% | $1449 | — |
| Gateway First Bank | 7.15% – 7.38% | $1135 | — |
| Gold Star Mortgage Financial Group | 7.15% – 7.38% | $1250 | — |
| GoPrime Mortgage, Inc. | 7.15% – 7.38% | $1395 | — |
| Guaranteed Rate Affinity, LLC | 7.15% – 7.38% | $1440 | — |
| Guaranteed Rate, Inc. | 7.15% – 7.38% | $1440 | — |
| Homeside Financial, LLC | 7.15% – 7.38% | $1365 | — |
| Homestead Funding Corp. | 7.15% – 7.38% | $895 | — |
| Huntington National Bank | 7.15% – 7.38% | $1088 | — |
| Integrity Home Mortgage Corporation | 7.15% – 7.38% | $1475 | — |
| Intercoastal Mortgage, LLC | 7.15% – 7.38% | $1445 | — |
| Ixonia Bank | 7.15% – 7.38% | $1625 | — |
| LeaderOne Financial Corp. | 7.15% – 7.38% | $1446 | — |
| LoanSimple | 7.15% – 7.38% | $2026 | — |
| Mason-McDuffie Mortgage Corporation | 7.15% – 7.38% | $1390 | — |
| Mutual of Omaha Mortgage | 7.15% – 7.38% | $1300 | — |
| Nation One Mortgage Corporation | 7.15% – 7.38% | $1580 | — |
| Nations Lending Corporation | 7.15% – 7.38% | $1495 | — |
| NFM, Inc | 7.15% – 7.38% | $1735 | — |
| Northpointe Bank | 7.15% – 7.38% | $1205 | — |
| Planet Home Lending, LLC | 7.15% – 7.38% | $1590 | — |
| Presidential Bank, FSB | 7.15% – 7.38% | $1445 | — |
| PrimeLending | 7.15% – 7.38% | $1385 | — |
| Princeton Mortgage Corporation | 7.15% – 7.38% | $1395 | — |
| Sandy Spring Bank | 7.15% – 7.38% | $1395 | — |
| SeaTrust Mortgage Company | 7.15% – 7.38% | $1450 | — |
| Southern Trust Mortgage, LLC | 7.15% – 7.38% | $1345 | — |
| Success Mortgage Partners, Inc | 7.15% – 7.38% | $1430 | — |
| Summit Funding, Inc | 7.15% – 7.38% | $1694 | — |
| SWBC Mortgage Corporation | 7.15% – 7.38% | $895 | — |
| TD Bank | 7.15% – 7.38% | $950 | — |
| The Federal Savings Bank | 7.15% – 7.38% | $1498 | — |
| The Fidelity Bank | 7.15% – 7.38% | $1085 | — |
| The Mortgage Link, Inc. | 7.15% – 7.38% | $1495 | — |
| Tidewater Mortgage Services, Inc. | 7.15% – 7.38% | $1399 | — |
| TJC Mortgage Inc | 7.15% – 7.38% | $1695 | — |
| Towne First Mortgage, LLC | 7.15% – 7.38% | $1295 | — |
| Towne Mortgage, LLC | 7.15% – 7.38% | $1395 | — |
| TowneBank | 7.15% – 7.38% | $1395 | — |
| Victorian Finance, LLC | 7.15% – 7.38% | $1295 | — |
| Watermark Capital, Inc. | 7.15% – 7.38% | $1499 | — |
| Waterstone Mortgage Corporation | 7.15% – 7.38% | $1623 | — |
| Panorama Mortgage Group, LLC | 7.38% – 7.53% | $1740 | Limited reviews |
*Lenders shown are those that TrueRate®, a Tomo Mortgage tool, estimates are likely to offer low rates in Virginia. Estimates are based on rate lock data from the last three years for 30-year fixed-rate conventional conforming purchase loans on primary residences, with FICO scores of 620–850 and LTVs up to 97%. These are historical locked rates, not current offers. Your rate will depend on factors such as credit score, loan-to-value ratio, loan amount, points paid, and market conditions.
‡ Fee estimates use 2024 HMDA loan data and Federal Reserve Bank of Philadelphia methodology, with adjustments for incomplete data; actual fees may vary. Tomo Mortgage charges no lender fees on purchase or refinance loans; third-party costs still apply.
Current Virginia mortgage rates November 2, 2026
Virginia lenders' average 30-year fixed interest rate ranged from 7.15% – 7.38% as of November 2, 2026, according to TrueRate. Freddie Mac's national 30-year fixed average was 7.32% as of October 22, 2026, down from 7.40% the week before and 6.19% a year earlier (Freddie Mac PMMS).
Searching for VA loan rates? This page covers mortgage rates in the state of Virginia. VA loans, which are guaranteed by the U.S. Department of Veterans Affairs, are a separate program priced on their own terms. See VA loans from Tomo Mortgage.
Why each site shows a different Virginia rate
Virginia rate figures disagree because they measure different things, not because one source is wrong. Before comparing any of them to your quote, check whether it's a Virginia or national number, what borrower it assumes, and whether points are included.
Freddie Mac PMMS is national. It's built from loan applications for conventional purchase loans within conforming limits, from borrowers with good to excellent credit, so it says nothing specific about Virginia (Freddie Mac).
TrueRate by Tomo Mortgage compares Virginia lenders at their zero-point (par) rate, drawing on real rates given to home buyers over the last three years (TrueRate methodology).
Advertised rates frequently include discount points, prepaid interest that buys the rate down. A rate with points won't compare fairly against a zero-point quote.
Testing your Virginia quote before you lock
The cleanest test is a zero-point quote checked against TrueRate's Virginia range for your loan details, on the same day. If the lender's rate is above that range, ask them to beat it or bring in another offer.
Collect Loan Estimates on a single day. Rates move daily. Because the Loan Estimate is a standard federal form, same-day estimates can be compared line by line. See what to check on a Loan Estimate.
Line up the terms. Same loan type, same term, same lock length, same number of discount points.
Keep interest rate and APR apart. The interest rate drives your principal-and-interest payment; the APR layers in certain lender charges. Identical rates can sit next to different APRs.
Open Section A, Origination Charges. It lists points and origination fees.
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Get startedWhat a quarter point costs on a Virginia home
On a typical Virginia purchase, a quarter-point change in interest rate shifts the monthly principal-and-interest payment by about $61. The math below starts from Virginia's statewide median sales price of $449,000 in August 2026 (Virginia REALTORS®).
- Loan amount after a 20% down payment: $359,200, repaid over 30 years (360 payments).
- At a 7.32% interest rate (Freddie Mac's national average as of October 22, 2026): $2,467.45 a month in principal and interest.
- At 7.57%: $2,528.82 a month, which is $61.36 more, or about $22,091 over all 360 payments.
(This illustrates principal and interest only and isn't an offer of credit. It excludes property taxes, homeowners insurance, and mortgage insurance, and assumes no points or fees.)
Virginia purchase loans run above the national average. The average home-purchase loan originated in Virginia in 2025 was $451,756, compared with $404,190 nationally (HMDA data; mean of all originated purchase loans). Test your own budget with Tomo Mortgage's mortgage affordability calculator.
Virginia recordation taxes and other closing costs
Virginia taxes both the deed and the mortgage when they're recorded, so buyers see a real tax line at closing. On the example above ($449,000 price, $359,200 loan), the state and local recordation taxes come to about $2,691.
State recordation tax:
$0.25 per $100 on the deed, based on the price or the property's value, whichever is greater. The same rate applies to the purchase deed of trust, based on the loan amount (Virginia Tax ruling 25-39; Va. Code § 58.1-801; Va. Code § 58.1-803).
Local recordation tax:
Cities and counties may add a local tax equal to one-third of the state tax. Fairfax County charges $0.083 per $100 (Fairfax Circuit Court fee schedule). In the example, that's $1,122.50 state plus $372.67 local on the deed, and $898.00 plus $298.14 on the deed of trust.
Grantor tax:
$0.50 per $500 of the price, owed by the grantor (the seller), or $449 on the example home. Northern Virginia localities also charge a $0.10 per $100 Regional Congestion Relief Fee and other regional fees on the grantor side (Fairfax Circuit Court fee schedule).
Tomo Mortgage's Virginia purchase loans close in 33.6 days on average. (Source: Tomo Mortgage, conventional loans measured across the last 12 months, measured as of October 2026)
Virginia property taxes and flood insurance
Principal and interest is only part of the monthly bill; property taxes and homeowners insurance come on top. Virginia's tax rates are set city by city and county by county, and flood is the coverage gap the state's insurance regulator warns about most.
Property tax:
Localities assess homes at 100% of fair market value and set their own rate per $100 of assessed value (Shenandoah County, citing Va. Code § 58.1-3201). Look up the rate for the exact city or county, not just the region.
Flood:
Homeowners policies issued in Virginia typically exclude damage from floods, surface water, and storm surge. Flood coverage is sold separately through the National Flood Insurance Program or private insurers, and a new NFIP policy typically has a 30-day waiting period (Virginia SCC Bureau of Insurance).
Wind:
Some Virginia policies carry a separate wind or hurricane deductible, which may be a flat amount or a percentage of dwelling coverage (Virginia SCC Bureau of Insurance).
Virginia mortgage rate questions
As of November 2, 2026, the average interest rate on a 30-year fixed conventional mortgage from Virginia lenders ranged from 7.15% – 7.38%, according to TrueRate. Your rate depends on your credit score, loan amount, down payment, loan type, and the number of discount points you pay.
The 2026 conforming limit for a one-unit home in Fairfax County is $1,249,125, according to FHFA. The same limit covers Arlington, Loudoun, Prince William, Stafford, Spotsylvania, and other Northern Virginia counties, plus the cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, and Manassas Park. Most of the rest of Virginia is at the $832,750 baseline.
Yes, in two parts. Buyers typically pay recordation tax on the deed and the deed of trust: $0.25 per $100 to the state, plus, where the locality imposes one, a local tax equal to one-third of that. The seller owes a grantor tax of $0.50 per $500 of the price, and Northern Virginia adds regional fees.
Tomo Mortgage's Virginia purchase loans have closed in 33.6 days on average. For comparison, the industry average is ~45 days.