APR.net

Mortgage lending in Portsmouth city

3,009 mortgages were originated in Portsmouth city, Virginia, in 2025.

30-year fixed, this week

6.58%

Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history

Loans originated
3,009
Median rate
6.572%
Median lender fees
$6,543
Median loan amount
$235,000
Median spread over APOR
0.203
Paid discount points
47.7%
Received lender credits
28.4%
Purchases / refinances
58.1% / 29.8%
Conventional / FHA / VA
44% / 18.6% / 37.4%

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 77.1% of loans here — see methodology.

Loan limits here in 2026

Conforming limit
$832,750
FHA limit
$757,850

Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work

Who lent here

Lenders with at least 50 loans in Portsmouth city, ranked by volume.

Lender Loans Median fees Median rate
UNITED SHORE FINANCIAL SERVICES, LLC 218 $6,566 5.985%
Mortgage Research Center, LLC 213 $6,395 6.250%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 195 $7,329 6.500%
Navy Federal Credit Union 174 $2,145 7.750%
Rocket Mortgage, LLC 165 $5,842 6.500%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 123 $7,383 6.500%
FREEDOM MORTGAGE CORPORATION 94 $4,694 6.250%
MOVEMENT MORTGAGE, LLC 91 $7,647 6.625%
SOUTHERN TRUST MORTGAGE, LLC 87 $7,931 6.250%
NVR Mortgage Finance, Inc. 86 $8,538 5.990%

What lenders charged here

Lender fees on a $235,000 loan, based on what was actually charged in Portsmouth city — not a rule of thumb.

Typical
$6,392
Cheaper quarter, under
$3,615
Dearer quarter, over
$9,950

From 2,321 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers

Statewide, the median was 6.625% on rate and $5,846 on lender fees across 203,054 loans. See all of Virginia.