Mortgage Brokers in Alexandria, VA
Browse mortgage brokers serving Alexandria, Virginia. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Virginia before hiring.
Showing 10 mortgage brokers in Alexandria, VA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage brokers in Alexandria Virginia help home buyers and refinancers find suitable loan products from multiple lenders. Virginia law requires mortgage brokers to be licensed through the Virginia State Corporation Commission. Working with a local broker can be helpful because they understand the Alexandria real estate market and Virginia specific regulations such as the state usury limit of 12 percent for most loans.
What Does a Mortgage Broker in Alexandria Cost?
Mortgage broker fees in Virginia typically range from 0.5 percent to 2.75 percent of the loan amount. This fee is often paid by the lender or rolled into the loan. You may also pay an application fee of 300 to 500 dollars. Some brokers charge a flat fee of 1,000 to 3,000 dollars. Costs vary by lender and loan type. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is the difference between a mortgage broker and a loan officer in Alexandria?
A mortgage broker works independently and shops your loan to multiple lenders to find the best terms. A loan officer works for one specific bank or credit union and can only offer that institutions products. In Virginia both must hold a license from the Virginia SCC.
Do I need a mortgage broker to buy a home in Alexandria Virginia?
No you do not need a broker. You can apply directly with banks or credit unions. However a broker can compare offers from several lenders at once which may save you time and potentially lower your interest rate or closing costs.
What documents do I need to apply with a mortgage broker in Virginia?
You will typically need recent pay stubs, W-2 forms, tax returns for the last two years, bank statements, and a valid photo ID. The broker will also check your credit report. Virginia law requires the broker to provide a Loan Estimate within three business days of your application.