How much house can you afford in Norfolk? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.
Updated · current rates and lending limits
Add your partner's income if you're buying together.
Car loans, credit cards, lines of credit, student loans. Not rent.
Enter your yearly household income.
Savings and gifts from family count. Many first-time buyer loans need just 3% down; under 20% you pay mortgage insurance.
7.40% (Freddie Mac 30-year average, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
Towne Mortgage
4.9 · 162 reviews · Free pre-approval
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RW Towne Mortgage
4.9 · 146 reviews · Free pre-approval
Get pre-approved →
Matt Frano Loan Officer at Coastal Towne Mortgage
5.0 · 129 reviews · Free pre-approval
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An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
Towne Mortgage is known for its patient and knowledgeable team who guide clients through complex processes like 1031 exchanges and home financing. They offer personalized mortgage services and take time to answer questions thoroughly. Customers appreciate the ongoing support, though some note challenges with current interest rates.
RW Towne Mortgage is known for its responsive communication and attentive support throughout the mortgage process. The team offers guidance on home loans and stays engaged to help clients navigate challenges along the way. While many appreciate their helpfulness and expertise, some have found the experience less smooth than expected.
Coastal Towne Mortgage focuses on guiding first-time homebuyers through the loan process with clear communication and knowledgeable support. The team helps clients explore options like using home equity for repairs and offers assistance with closing costs. Customers appreciate their patience and willingness to explain each step thoroughly.
Coastal Towne Mortgage (NMLS#: 766975) is known for its responsive and dedicated approach to home financing. The team helps with purchasing and refinancing, guiding clients smoothly through the mortgage process. Customers appreciate their professionalism and clear communication, though some note the experience can be intense during busy periods.
Towne Mortgage is known for its personalized approach, guiding clients through complex mortgage and debt payoff plans with clear communication. The team offers mortgage packages designed to simplify buying or selling a home, and customers often highlight their responsiveness and helpfulness. Some note the process requires active involvement but appreciate the support throughout.
Known for clear communication and quick responsiveness, Coastal Towne Mortgage helps buyers navigate the home loan process with ease. The team offers personalized mortgage solutions and stays accessible through text, email, or phone to answer questions promptly. Customers appreciate their professionalism and support, especially during last-minute paperwork.
TowneBank Mortgage is known for clear communication and a transparent process, with no hidden fees or surprises. The team offers VA home loans and other mortgage services, using a user-friendly mobile app to simplify document handling. Customers appreciate their responsiveness and thorough guidance throughout the loan process.
Licensed in Virginia and North Carolina, Tier 1 Home Loans focuses on providing clear, personalized mortgage solutions that help clients navigate every step from pre-approval to closing. The team works closely with real estate professionals and offers tools to support informed decisions, with many clients appreciating their responsiveness and straightforward communication.
Known for clear communication and responsive support, this team helps simplify the mortgage application process from start to finish. They assist with loan approvals and keep clients informed at every step. Customers appreciate the smooth experience, though some note the process can feel detailed at times.
Veteran-owned and licensed across multiple states, Tier 1 Home Loans specializes in VA, FHA, conventional, and investment loans tailored to a variety of homebuyers. The team is praised for professionalism, clear communication, and making complex financing feel straightforward, though some clients note the process can still feel detailed.
Lenders made 3,016 home-purchase loans in Norfolk City County in 2025 (average about $336,000) and denied 235 — 7% of decided applications, compared with 11% across Virginia, according to federal mortgage data (HMDA, CFPB). In Norfolk, the median home is worth $289,900 and 72% of owners have a mortgage, paying a median $1,913 a month (Census ACS 2020–2024).
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Norfolk City County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | Towne Mortgage | 4.9 | 162 | — | (757) 491-6300 | Visit |
| 2 | RW Towne Mortgage | 4.9 | 146 | — | (757) 687-5088 | Visit |
| 3 | Matt Frano Loan Officer at Coastal Towne Mortgage | 5.0 | 129 | — | (757) 319-1024 | Visit |
| 4 | John Frankos at Coastal Towne Mortgage - NMLS#: 766975 | 5.0 | 66 | — | (757) 650-7575 | Visit |
| 5 | Towne Mortgage | 5.0 | 56 | — | (757) 687-5064 | Visit |
| 6 | Gus Lindstrom Loan Officer with Coastal Towne Mortgage | 5.0 | 40 | — | (757) 951-8930 | Visit |
| 7 | Paul Venable with TowneBank Mortgage | 4.9 | 38 | — | (757) 439-5186 | Visit |
| 8 | Brendan Powell - Mortgage Broker - Home Loan Solutions | 5.0 | 32 | Quoted per loan | (757) 663-3026 | Visit |
| 9 | Lauren Phipps with Towne Mortgage | 5.0 | 23 | — | (757) 408-1892 | Visit |
| 10 | Tier 1 home Loans, Inc. | 5.0 | 6 | Quoted per loan | (757) 797-5201 | Visit |
Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.
An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.
General information, not financial advice — consult a qualified professional.