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 Virginia before hiring.
Showing 7 mortgage lenders in Salem, 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.
Chris Diamond, NMLS#1634371 - Atlantic Bay Mortgage Group
1611 E Main St, Salem, VA 24153
5402046490
Lendmark Financial Services LLC
147 S Electric Rd, Salem, VA 24153
5402329972
Atlantic Bay Mortgage Group
1621 E Main St, Salem, VA 24153
5409860270
Valley Tree Mortgage DGN Llc
9 Wildwood Rd, Salem, VA 24153
5404440577
Mortgage Loans - Salem
3625 McDaniel Dr, Salem, VA 24153
8443841744
Getra Hanes at Atlantic Bay Mortgage Group
1621 E Main St, Salem, VA 24153
5403531559
Virginia Mountain Mortgage | Salem
231 S College Ave, Salem, VA 24153
5405915621
What Does a Mortgage Lender in Salem Cost?
Typical costs for a mortgage in Virginia include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance costs of $1,000 to $2,500. Closing costs in Virginia generally range from 2% to 5% of the purchase price. These figures vary by lender and loan type. This is general information, 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 documents do I need to apply for a mortgage in Salem Virginia?
You typically need pay stubs, tax returns, bank statements, and identification. Virginia lenders also require a credit check and proof of assets. Specific documents depend on the loan type you choose.
How long does it take to get a mortgage in Virginia?
The process usually takes 30 to 45 days from application to closing. Virginia law requires a three-day right of rescission on refinances. Delays can occur if additional documentation is needed.
What are common mortgage loan types in Salem Virginia?
Common options include conventional loans, FHA loans, VA loans, and USDA loans. Virginia offers first-time homebuyer programs through the Virginia Housing Development Authority. Each loan type has different down payment and credit requirements.