Mortgage lending in Isle of Wight County
1,384 mortgages were originated in Isle of Wight County, Virginia, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 1,384
- Median rate
- 6.500%
- Median lender fees
- $6,520
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $295,000
- Above the going rate (spread over APOR)
- 0.238
- Paid discount points
- 48.2%
- Received lender credits
- 24.3%
- Purchases / refinances
- 49.1% / 30.3%
- Conventional / FHA / VA
- 57.9% / 11% / 30.6%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 74.5% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $757,850
- Median home price
- $630,000
- That home, 20% down
- $504,000
A median-priced home with 20% down leaves $328,750 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Isle of Wight County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 94 | $5,135 | 6.625% |
| LANGLEY Federal Credit Union | 94 | — | 6.990% |
| NVR Mortgage Finance, Inc. | 85 | $6,139 | 6.250% |
| American Neighborhood Mortgage Acceptance Company LLC | 81 | $9,310 | 6.625% |
| Newport News Shipbuilding Employees Credit Union, Inc. Dba Bayport Credit Union | 73 | — | 7.250% |
| Navy Federal Credit Union | 71 | — | 8.200% |
| United Shore Financial Services, LLC | 71 | $6,110 | 5.750% |
| Atlantic Bay Mortgage Group, L.L.C. | 54 | $7,801 | 6.563% |
What lenders charged here
Lender fees on a $295,000 loan, based on what was actually charged in Isle of Wight County — not a rule of thumb.
From 1,031 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers