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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Virginia
  4. Virginia Beach
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Virginia Beach, VA

How much house can you afford in Virginia Beach? 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.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Virginia Beach

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Atlantic Bay Mortgage Group - Virginia Beach

With over 30 years of experience, Atlantic Bay Mortgage Group focuses on making the mortgage process clear and personalized. They offer home purchase and refinancing services, along with helpful guides for first-time buyers and refinancing options. Customers appreciate their consistent communication and supportive approach throughout the loan process.

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(757) 213-1660
Open 8:00 AM - 5:00 PM
600 Lynnhaven Pkwy #100, Virginia Beach, VA 23452
2

Tidewater Mortgage Services, Inc. NMLS #: 71158

Licensed across multiple states, Tidewater Mortgage Services, Inc. focuses on matching clients with mortgage options tailored to their unique financial situations and long-term goals. The team offers purchasing and refinancing loans, guiding borrowers through each step with clear communication and personalized attention. Customers appreciate the responsive, patient support that helps make the… more...

Licensed across multiple states, Tidewater Mortgage Services, Inc. focuses on matching clients with mortgage options tailored to their unique financial situations and long-term goals. The team offers purchasing and refinancing loans, guiding borrowers through each step with clear communication and personalized attention. Customers appreciate the responsive, patient support that helps make the mortgage process straightforward.

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(757) 498-7400
Open 8:30 AM - 5:00 PM
200 Golden Oak Ct Ste 100, Virginia Beach, VA 23452
3

CMS Mortgage Solutions, Inc.

CMS Mortgage Solutions, Inc. offers knowledgeable and friendly mortgage brokerage services, guiding clients through every step of the loan process with clear instructions and regular updates. The team handles loan structuring and timelines efficiently, though some customers have noted communication gaps during major changes. Many appreciate their professionalism and fast service when securing… more...

CMS Mortgage Solutions, Inc. offers knowledgeable and friendly mortgage brokerage services, guiding clients through every step of the loan process with clear instructions and regular updates. The team handles loan structuring and timelines efficiently, though some customers have noted communication gaps during major changes. Many appreciate their professionalism and fast service when securing properties.

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(757) 558-2603
Open 8:00 AM - 5:00 PM
1612 Centerville Turnpike Ste 307, Virginia Beach, VA 23464
4

First Signature Mortgage, LLC

Known for clear communication and patient guidance, First Signature Mortgage, LLC helps first-time homebuyers navigate financing with confidence. Their team supports clients through every step, answering questions thoroughly and keeping the process on track. Some customers note that responsiveness can vary, but most appreciate the attentive service.

Services & Prices
Loan Pre-Approval Quoted per loan
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(276) 254-4965
Open 9:00 AM - 5:00 PM
2037 Laskin Rd, Virginia Beach, VA 23454
General Services
Mortgage Services
5

Southern Trust Mortgage, LLC

Known for offering a wide range of loan options including USDA, FHA, VA, and Conventional loans, Southern Trust Mortgage, LLC focuses on guiding clients through the homebuying process with personalized support. Customers appreciate the team’s clear communication and proactive approach, though some note occasional delays in loan processing.

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(757) 518-0700
Open 8:00 AM - 6:00 PM
295 Bendix Rd #400, Virginia Beach, VA 23452
Where they are 10 on the map Click a pin for the profile and directions
6

VA Choice Home Mortgage Inc.

About VA Choice Home MortgageVA Choice Home Mortgage has been dedicated to helping clients achieve their homeownership dreams for many years, demonstrating a deep passion for their work. As a top-rated local mortgage brokerage serving Virginia Beach and the entire Hampton Roads area, they specialize in securing the ideal home financing solutions tailored to individual needs. Their expertise lies… more...

About VA Choice Home MortgageVA Choice Home Mortgage has been dedicated to helping clients achieve their homeownership dreams for many years, demonstrating a deep passion for their work. As a top-rated local mortgage brokerage serving Virginia Beach and the entire Hampton Roads area, they specialize in securing the ideal home financing solutions tailored to individual needs. Their expertise lies in offering competitive rates and personalized guidance on powerful loan programs, including VA Loans, FHA Mortgages, and Conventional Home Loans. Whether assisting first-time homebuyers, veterans, or those looking to refinance, VA Choice Home Mortgage prioritizes a straightforward process and local knowledge, ensuring clients receive clear, reliable advice without the typical complexities associated with lenders. They are committed to making the journey to homeownership smooth and successful for their clients.Why Choose UsVA Choice Home Mortgage is recognized as a top-rated local mortgage brokerage, consistently delivering expert service to the Virginia Beach and Hampton Roads communities. They specialize in securing optimal home financing by offering competitive rates and personalized guidance on key loan programs such as VA Loans, FHA Mortgages, and Conventional Home Loans. Their commitment to a straightforward process, combined with deep local market expertise, ensures clients receive clear and dependable advice, distinguishing them from other lenders. Client testimonials frequently highlight their responsiveness, knowledge, and ability to make the mortgage process seamless and stress-free, often securing low rates and facilitating timely closings.VA Choice Home Mortgage OffersVA Choice Home Mortgage provides a comprehensive suite of mortgage solutions designed to meet diverse client needs. They are experts in VA Loans, offering benefits like $0 down payment and zero PMI, making homeownership accessible for veterans. For those seeking FHA Loans, they facilitate options with a 3.5% down payment, 100% financing, and accommodations for lower credit scores. Conventional Loans are also a specialty, providing low rates and the opportunity to avoid Private Mortgage Insurance (PMI) with a 20% down payment. Beyond these core offerings, they guide clients through the entire loan process, provide essential resources like mortgage calculators and online forms, and connect them directly with loan officers and realtors via the Loanzify App for a streamlined experience.Unique AdvantagesVA Choice Home Mortgage distinguishes itself through its specialized expertise in VA, FHA, and Conventional loans, offering tailored solutions for veterans and first-time homebuyers. They pride themselves on providing competitive rates and a streamlined, stress-free process, as frequently noted in client testimonials. Their local focus on the Virginia Beach and Hampton Roads area ensures personalized service and deep market understanding. Furthermore, their commitment to client education and support, exemplified by resources like mortgage calculators and direct access to loan officers, empowers borrowers throughout their homeownership journey.

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(757) 739-5019
Open 8:00 AM - 8:00 PM
2020 General Booth Blvd #200, Virginia Beach, VA 23454
7

Atlantic Coast Mortgage - Virginia Beach

Atlantic Coast Mortgage is known for clear communication and personalized loan guidance throughout the home-buying process. The team offers a range of mortgage options and takes time to explain details, helping clients feel confident and supported. Some customers note the process can be detailed, but appreciate the attentive service.

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(757) 364-0328
Open 9:00 AM - 5:00 PM
932 Laskin Rd Ste 100, Virginia Beach, VA 23451
8

United Atlantic Mortgage

United Atlantic Mortgage specializes in VA Military Financing and offers a range of loan options, including FHA and conventional loans, with flexible credit requirements and fast closings. The team works closely with first-time buyers and military clients, providing clear guidance throughout the process, though some may find the pace brisk.

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(757) 340-5626
Open 9:00 AM - 5:00 PM
2476 Nimmo Pkwy, Virginia Beach, VA 23456
9

Atlantic Mortgage & Funding

Atlantic Mortgage & Funding is known for helping clients secure competitive mortgage rates, often praised for smooth and straightforward loan processes. The team offers a range of mortgage services and works closely with borrowers to find suitable options. Some customers have expressed frustration with persistent marketing mailings despite requests to stop.

Services & Prices
Loan Pre-Approval Quoted per loan
Refinancing Assistance Quoted per loan
Personal Loans Quoted per loan
Home Equity Loans Quoted per loan
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(866) 721-6084
Open 9:00 AM - 7:00 PM
2000 General Booth Blvd Ste 104, Virginia Beach, VA 23454
General Services
Mortgage Services
10

VA Wholesale Mortgage

Specializing in VA and FHA loans, VA Wholesale Mortgage offers a streamlined digital process tailored to veterans, military families, and other homebuyers. Their team assists with purchase and refinance loans, providing detailed rate comparisons and personalized guidance. Customers appreciate their clear communication and thorough support throughout the lending journey.

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(800) 244-4132
Open 9:00 AM - 9:00 PM
4099 Foxwood Dr #108, Virginia Beach, VA 23462

Virginia Beach Mortgage Statistics

Home-purchase lending in Virginia Beach City County and home costs in Virginia Beach, VA (latest HMDA and Census data)

Lenders made 5,715 home-purchase loans in Virginia Beach City County in 2025 (average about $415,000) and denied 424 — 7% of decided applications, compared with 11% across Virginia, according to federal mortgage data (HMDA, CFPB). In Virginia Beach, the median home is worth $382,500 and 74% of owners have a mortgage, paying a median $2,100 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
5,715▲ 7%5,322 in 2024
Denial rate
7%VA 11%
Median home value
$382,500VA $383,700
Monthly cost with a mortgage
$2,100median · VA $2,127
Refinance loans made (Virginia Beach City County, 2025)
3,551 · 2,545 in 2024
Home-improvement loans made (2025)
1,325
Average home-purchase loan
$415,000 (VA $452,000)
Owners with a mortgage
74% · 31% of them spend 30%+ of income on housing
Median household income
$92,968 (VA $93,170)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Virginia Beach City County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Virginia Beach Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Atlantic Bay Mortgage Group - Virginia Beach 5.0 2471 — (757) 213-1660 Visit
2 Tidewater Mortgage Services, Inc. NMLS #: 71158 4.9 1507 — (757) 498-7400 Visit
3 CMS Mortgage Solutions, Inc. 4.9 875 — (757) 558-2603 Visit
4 First Signature Mortgage, LLC 5.0 407 Quoted per loan (276) 254-4965 Visit
5 Southern Trust Mortgage, LLC 4.8 368 — (757) 518-0700 Visit
6 VA Choice Home Mortgage Inc. 4.9 182 — (757) 739-5019 Visit
7 Atlantic Coast Mortgage - Virginia Beach 4.9 163 — (757) 364-0328 Visit
8 United Atlantic Mortgage 4.9 102 — (757) 340-5626 Visit
9 Atlantic Mortgage & Funding 4.5 86 Quoted per loan (866) 721-6084 Visit
10 VA Wholesale Mortgage 4.8 76 — (800) 244-4132 Visit

How this Virginia Beach mortgage affordability calculator works

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.

Virginia rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.75% of the home's value a year, the Virginia average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

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.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can qualify for using income, debts, down payment, interest rate, PMI, and property tax. It's free and no sign-up needed.
How accurate is the mortgage affordability estimate?
It's a general estimate. Actual affordability depends on lender verification of income, debts, credit, and down payment during pre-approval.
What is the debt-to-income ratio for mortgages in Virginia?
Lenders typically cap housing costs at 31% of gross monthly income and total debts at 43%. Some loans allow more with strong credit.
How does a down payment affect my mortgage in Virginia Beach?
A minimum down payment is 3% for conventional loans and 3.5% for FHA. Under 20% down, PMI is added, about 0.6% of the loan annually.
How do interest rates affect how much I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly; the calculator starts at 7.40%.
How do existing debts impact my mortgage qualification?
Higher monthly debts reduce the amount you can borrow, as lenders cap total debt payments at 43% of gross monthly income.
What are the property tax rates in Virginia?
Property tax in Virginia averages about 0.75% of the home's value annually, based on 2024 data for owner-occupied homes.
What is the difference between pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, while pre-qualification is a preliminary estimate without verification.
What does a mortgage broker do in Virginia Beach?
A mortgage broker helps find loan options and guides you through the mortgage process, connecting you with lenders.

General information, not financial advice — consult a qualified professional.