Mortgage lending in Richmond, VA
34,286 mortgages were originated in the Richmond, VA area in 2025, and here is what they cost.
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
- 34,286
- Median rate
- 6.625%
- Median lender fees
- $5,463
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
- $275,000
- Above the going rate (spread over APOR)
- 0.280
- Paid discount points
- 40.8%
- Received lender credits
- 28.4%
- Purchases / refinances
- 51.4% / 29.6%
- Conventional / FHA / VA
- 75.3% / 14.2% / 10.1%
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 74.6% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Richmond, VA area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Rocket Mortgage, LLC | 2,568 | $5,161 | 6.750% |
| Virginia Credit Union, Inc. | 2,099 | $3,445 | 6.240% |
| United Shore Financial Services, LLC | 1,691 | $8,709 | 6.125% |
| Truist Bank | 1,143 | $5,329 | 6.600% |
| Capital Center, L.L.C. | 1,084 | — | 6.438% |
| C & F Mortgage Corporation | 837 | $5,921 | 6.500% |
| Navy Federal Credit Union | 821 | $2,535 | 7.750% |
| Pennymac Loan Services, LLC | 795 | $5,281 | 6.500% |
| First Heritage Mortgage, LLC | 769 | $6,368 | 6.480% |
| NVR Mortgage Finance, Inc. | 722 | $6,708 | 5.990% |