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Mortgage Broker Blacksburg, Marion & Abingdon VA | Virginia Home Loans

We are a locally owned and operated mortgage company licensed to provide services throughout the state of Virginia, but we mainly serve Southwest Virginia. Our offices are in Blacksburg, Marion and Abingdon.

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Tips for Choosing a Mortgage Company for a Jumbo Loan

January 26, 2023 by First Residential Mortgage

Jumbo Loan in Blacksburg VA

Purchasing a home with a jumbo loan is not too different from buying one with a conventional loan. But the qualification process is more rigorous, and it is common for jumbo loans to cost more than conforming loans. For that reason, it is extra important to choose the right mortgage company to work … [Read more...]

Filed Under: Jumbo Tagged With: Blacksburg, Jumbo Loan Tips, Virginia

7 Tips for New Homeowners

December 28, 2022 by First Residential Mortgage

Homeowners in Blacksburg Virginia

If you are right about to buy a new home, you probably are focused mostly on what you need to do to get your keys. You are busy shopping for the perfect house and picking out a suitable mortgage. But it is just as important to think about what you are going to do after you receive your keys and … [Read more...]

Filed Under: Homeowners Tagged With: Blacksburg, Tips For Homeowners, Virginia

8 Advantages of Buying a Home Over Renting

November 22, 2022 by First Residential Mortgage

Buy a Home in Blacksburg Virginia

If you are thinking about purchasing a home in the near future rather than continuing to rent, you are making a decision that offers quite a few benefits, financial and otherwise. While renting does have its pros as well as its cons, in this post, we are going to focus on giving you an overview … [Read more...]

Filed Under: Buy A Home Tagged With: Blacksburg, Tips To Buy a Home, Virginia

Why This is an Ideal Time to Buy a Home in Virginia

October 24, 2022 by First Residential Mortgage

Buy a Home in Blacksburg VA

We’ve been in a strong seller’s market for a while in Virginia. But if you are thinking about purchasing a home in the near future, this could be an ideal time to make your move. Let’s take a look at the reasons. Virginia REALTORS recently released its 2023 Economic & Housing Market Forecast. … [Read more...]

Filed Under: Buy A Home Tagged With: Blacksburg, Tips To Buy a Home, Virginia

What Size Down Payment Should You Make?

September 21, 2022 by First Residential Mortgage

Buy a Home in Virginia

When you take out a mortgage on a new home, one of the decisions you have to make is the size of your down payment. The type of home loan you choose as well as your qualifications will determine the minimum down payment size. But beyond that, you can certainly decide if you want to pay … [Read more...]

Filed Under: Home Loan Tagged With: Blacksburg, Tips To Get a Home Loan, Virginia

How Do You Narrow Down Your Loan Options?

September 14, 2022 by First Residential Mortgage

Home Loans in Blacksburg VA

Homebuyers are sometimes surprised by just how many loan options there are. While having choices is a good thing, there is no denying that sometimes, it can be hard to navigate with so many options. If you are in the process of trying to narrow down mortgage options for yourself, you could be … [Read more...]

Filed Under: Home Loan Tagged With: Blacksburg, Tips To Get a Home Loan, Virginia

What to Know About Jumbo Loans

August 12, 2022 by First Residential Mortgage

Jumbo Loans in Blacksburg VA

Looking into purchasing a home in Virginia that requires more financing than conforming mortgages provide? A jumbo loan can help you buy your dream home. Below, we go over a few things you should know about jumbo mortgages before you apply. 5 Things You Should Know About Jumbo … [Read more...]

Filed Under: Jumbo Tagged With: Blacksburg, Jumbo Loan Tips, Virginia

What are the Benefits of Refinancing to Consolidate?

June 24, 2022 by First Residential Mortgage

Mortgage Refinance in Blacksburg VA

Are you paying off high interest debts? If so, you may feel like it is impossible to catch up. You are pouring so much money into the interest that it is taking forever to pay off the principals. You can give yourself a chance to pay off your debts more rapidly by consolidating them. One way you … [Read more...]

Filed Under: Refinance Tagged With: Blacksburg, Mortgage Refinance Tips, Virginia

What are the Pros and Cons of a Cash-Out Refinance?

May 10, 2022 by First Residential Mortgage

Mortgage Refinance in Virginia

A cash-out refinance is an option you might consider if you want to borrow money and/or consolidate existing debts. This type of refinance can help you cover your expenses,so here’s a few details that can help you decide if a cash-out refi might suit your financial situation. Pros of a Cash-Out … [Read more...]

Filed Under: Refinance Tagged With: Abingdon, Blacksburg, Marion, Mortgage Refinance Tips, Virginia

What Should You Look for When Choosing Homeowners Insurance?

March 29, 2022 by First Residential Mortgage

Buy a Home in Virginia

During the process of applying for a mortgage and purchasing a home, you will need to shop for homeowners insurance. This is necessary before you can take out a mortgage, and is also important for protecting your investment. Rates as well as quality of policies can vary from one insurer to … [Read more...]

Filed Under: Mortgage Tagged With: Blacksburg, Home Buying Tips, Virginia

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Popular Blogs

  • Tips for Choosing a Mortgage Company for a Jumbo Loan

    Tips for Choosing a Mortgage Company for a Jumbo Loan

    January 26, 2023
  • 7 Tips for New Homeowners

    7 Tips for New Homeowners

    December 28, 2022
  • 8 Advantages of Buying a Home Over Renting

    8 Advantages of Buying a Home Over Renting

    November 22, 2022
  • Why This is an Ideal Time to Buy a Home in Virginia

    Why This is an Ideal Time to Buy a Home in Virginia

    October 24, 2022
  • What Size Down Payment Should You Make?

    What Size Down Payment Should You Make?

    September 21, 2022

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First Residential Mortgage Corporation is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

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