All Virginia Mortgage Rates & Cities
Richmond Mortgage Broker
Richmond, Virginia Mortgage Rates & Broker Services
Buying or refinancing in We compare rates from 20+ wholesale lenders to find your lowest rate. Local VA expertise, City of Richmond knowledge, pre-approval in 24 hours.
$832,7502026 conforming limit (Baseline)
VA licensedNMLS #2134550
24 hrsPre-approval turnaround
20+ lendersShopped for your file
Richmond Mortgage Quick Facts
City of Richmond uses the standard baseline conforming amount. Here's the snapshot of the Richmond, VA mortgage market.
$832,750
2026 Conforming Limit
(Baseline)
(Baseline)
$340K
Median Home Price
(Richmond Metro)
(Richmond Metro)
225K
Population
(Richmond)
(Richmond)
9 states
Where OnPoint is Licensed
(incl. Virginia)
(incl. Virginia)
Calculate Your Richmond Mortgage Payment
Defaults reflect a typical Richmond scenario. Switch loan type, adjust the price, or open the advanced section for taxes and insurance.
Calculator is an estimate. Your actual rate is priced individually — pricing varies by FICO, LTV, DTI, and program. See full Virginia rate comparison →
Why Use a Mortgage Broker in Richmond
Richmond is Virginia's capital, with state employment supporting steady underwriting. VA baseline conforming ($832,750). Strong conventional, FHA, and historic-district 203(k) renovation loan activity for older row-homes.
Local VA Knowledge
City of Richmond conforming limits, Virginia-specific programs (DPA, USDA where applicable), and lender preferences for local property types.
20+ Wholesale Lenders
We shop your specific file across 20+ wholesale lenders to find the lowest rate that actually closes — not a teaser quote.
24-Hour Pre-Approval
Real pre-approval letter in 24 hours so you can submit competitive offers in the Richmond market without delay.
Loan Programs Available in Richmond
Every loan type used in the Richmond, VA market — we match your file to the lender and program with the best pricing for your scenario.
Conventional
Standard Fannie/Freddie loans for buyers with 3-20% down and 620+ FICO.
Learn more →FHA
3.5% down with 580+ FICO. Strong choice for first-time buyers.
Learn more →VA
Zero down for veterans and active-duty service members. No PMI ever.
Learn more →Non-QM
Bank Statement, DSCR, ITIN, and other alternative-doc programs.
Learn more →
Free · 24-Hour Turnaround
Get Your Richmond Mortgage Quote
A licensed Virginia loan specialist will call within 24 hours with rate pricing matched to your file. No credit pull on the first call.
Got it. We’ll be in touch within 24 hours.
A Virginia loan specialist will call you with pricing matched to your file.
☎ (877) 870-0007The Richmond Pre-Approval Process
Three steps to pre-approved and offer-ready.
1
Quote Request
Free analysis. No credit pull on the first call. We confirm your Richmond scenario and target rate.
2
Pre-Approval
24-hour turnaround with a real pre-approval letter you can submit with offers in the Richmond market.
3
Close in 21-30 Days
Standard close timing for most Richmond purchase loans. Refi typically 21-35 days.
Richmond Mortgage FAQ
What's the 2026 conforming loan limit in
Richmond is in City of Richmond, which falls under the Baseline conforming tier at $832,750. Loans above that amount are jumbo and priced separately by wholesale lenders.
Is OnPoint Mortgage Pro licensed in
Yes. OnPoint Mortgage Pro is licensed across all of Virginia — NMLS #2134550. We close loans in Richmond and every other major metro in the state. Our state-wide Virginia mortgage page covers conforming limits county by county, state-specific DPA programs, and the cities we close in most often.
How fast can I close a mortgage in
Purchase loans in Richmond typically close in 21-30 days. Refinances (especially FHA Streamline and VA IRRRL) close in 14-21 days. We coordinate with Richmond-area title companies and appraisers to keep timelines tight.
Do you offer VA loans in
Yes. We close VA loans across Virginia for active-duty service members, veterans, and surviving spouses. See our VA loan guide for current rates, eligibility, and the IRRRL streamline refinance program.
What's the minimum down payment for a Richmond mortgage?
VA: 0% down for eligible veterans. FHA: 3.5% with 580+ FICO. Conventional: 3% for first-time buyers, 5% standard. Non-QM and DSCR programs vary. We model all options at quote time for your Richmond scenario.
Continue Browsing Virginia Mortgages
Richmond is one of many Virginia markets we close in. Compare rates state-wide or jump to a nearby city.
Get Your Richmond Mortgage Quote in 24 Hours
Free analysis from a licensed Virginia mortgage specialist. No credit pull on the first call. Rate comparison from 20+ wholesale lenders.
☎ (877) 870-0007Mon-Fri 8am-5pm PT · Licensed in 9 states · NMLS #2134550
Terms & Conditions: Richmond mortgage rates and program availability shown are illustrative. Actual rate depends on credit profile, debt-to-income, property type, occupancy, loan amount, and current market conditions at lock time. Richmond is in City of Richmond, Virginia, with a 2026 conforming loan limit of $832,750 (Baseline). Loans above that are jumbo and priced separately. Subject to credit and program approval. OnPoint Mortgage Pro is a licensed mortgage broker; NMLS #2134550. Equal Housing Lender.