Arlington VA Mortgage
Looking for a mortgage in Arlington, Virginia? You’re in the right place! We are home loan experts in Arlington County and the surrounding areas.
Arlington is located just outside of the District of Columbia (Washington DC) on the south bank of the Potomac, and is the 2nd largest city area in the Metro DC area.
An area rich in American history, Arlington is home to many memorials, museums, and other places of interest for residents and visitors. Arlington National Cemetery is one of the most famous grounds in the country run by the US National Park service, and memorials for the Pentagon, Marines, and US Air Force are also found in Arlington.
Arlington is also home to Ronald Reagan Washington National airport, situated just outside of DC, and this acts as a major travel hub for several domestic airlines.
Arlington VA Home Sale Info
In 2016 Arlington saw 2,929 residential real estate transactions take place. On average, Arlington VA homes sold for $631,299 after just 50 days on the market. The lowest priced home to sell in Arlington in 2016 was sold for $90,000, and the highest price was $3.7 million. The high average price correlates with Arlington’s status as the highest median income county in the US.
The short turn around period for listing homes getting from listed to sold is indicative of a seller’s market that likely could use an inventory boost. These numbers could be representative of a great time for home owners to cash in on equity and obtain top dollar for their home.
In a market where homes move so quickly, it’s of utmost importance for sellers and buyers alike to have a competent, experienced, and professional real estate agent to help guide the way – for buyers, it helps ensure their best foot is put forward in obtaining their dream home, and for sellers, it helps get top dollar in a time frame that works for them.
Looking to purchase or sell a home in Arlington VA?
We’d highly recommend you speak with Amanda Davidson, a northern Virginia real estate expert and broker at the Amanda Davidson Real Estate Group. Amanda’s team helps buyers and sellers by focusing their expertise in the area that’s needed. Buyers agents help buyers through the buying process seamlessly, and selling agents help sellers sell a home fast and for top dollar. With a great deal of experience, high levels of customer service, and unparalleled knowledge of the local market, there is no one better in the Arlington real estate market. For buyers in need of a pre-approval for an Arlington VA mortgage, read on!
Need a Mortgage in Arlington VA?
Arlington VA mortgage financing comes in many shapes and sizes. Conventional, FHA, VA, and Jumbo loan products are readily available, and the higher price demographic can take advantage of high-balance conforming loan limits up to $636,150 (with only 5% down!). Arlington VA also has access to many niche mortgage products such as low-FICO score products, bank statement loans, and Jumbo products for loan amounts up to $5 million.
To learn more about loan products or see how much you qualify for, use our purchase assistant tool
If you’re currently a home owner in Arlington VA and would like to see our current rates or find out what options you have, check out our refinance advisor
Have area or loan specific questions that we haven’t answered? Ask an expert here for a quick response.