President of Milestone
Milestone Mortgage Solutions shops 65+ investors to find loan options that fit your situation, whether you’re buying in Virginia Beach, Richmond, or Northern Virginia. Your Milestone loan officer compares lenders so you don’t have to, and walks you through every step from application to closing.
Banks offer their own products. Milestone offers the market. Your loan officer shops your scenario across 65+ investors to find the rate and program that fits your situation. You get options, not a take-it-or-leave-it quote.
Virginia doesn’t have a Milestone branch on the ground. Your loan officer works the same 65+ investor network whether you’re buying near Naval Station Norfolk in Hampton Roads, in the Richmond suburbs, or in Fairfax and Loudoun counties outside Washington, D.C.
Your Loan Estimate spells out your estimated closing costs, and your loan officer explains each line so you know what to expect.
Your loan officer matches you to the right loan based on your goals, not a script. Whether you’re a first-time buyer in Richmond or refinancing in Virginia Beach, your loan officer walks you through every step from application to closing.
Traditional mortgages with competitive rates for borrowers with good credit. Down payments as low as 3%.
Government-backed loans perfect for first-time buyers with flexible credit requirements.
Exclusive benefits for veterans, active military, and eligible spouses. Thank you for your service!
Zero down payment loans for eligible rural and suburban homebuyers. Great for first-time buyers!
Lower your rate, reduce your payment, or tap into your home's equity with our refinance options.
Financing for luxury properties and high-value homes that exceed conventional loan limits.
Conventional Loans: Most of Virginia uses the 2026 conforming loan limit of $832,750, while 17 counties and cities in the Washington, D.C. metro area, including Arlington, Fairfax, Loudoun, and Prince William, use the $1,249,125 ceiling.
FHA Loans: FHA limits start at the national floor of $541,287 in most of Virginia and run higher in the state’s larger metros, including $707,250 in the Richmond area, $757,850 in Hampton Roads, and $1,249,125 in the Washington, D.C. metro area.
VA Loans: With Naval Station Norfolk and Joint Base Langley-Eustis in Hampton Roads, and Marine Corps Base Quantico and Fort Belvoir in Northern Virginia, VA loans are a strong fit for many Virginia buyers.
USDA Loans: USDA eligibility depends on a property’s address, and USDA’s own eligibility site lets you check a specific home before you make an offer.
Jumbo Loans: In Northern Virginia, a loan isn’t jumbo until it passes the higher county limit, so check your county’s figure before you assume you need a jumbo loan.
Milestone serves homebuyers in Virginia Beach, Chesapeake, Richmond, Norfolk, Newport News, Alexandria, Hampton, Roanoke, and communities across the state. Your loan officer matches you to the right program, whether that’s a VA loan for a service member stationed in Hampton Roads or a conventional loan for a home in the Richmond suburbs.
Virginia taxes real estate at the local level only, so the property tax on a home depends on the city or county where you buy.
Milestone serves homebuyers in 30+ states.
Can’t make it during business hours? Leave a message anytime and we’ll get back to you the next business day.
Milestone has 70+ loan officers ready to help you find the right mortgage. Whether you’re buying in Virginia Beach, Richmond, or Fairfax County, we’ll match you with a loan officer who fits your situation.
Fill out a short form on our website. We’ll ask the basics: purchase or refinance, loan amount, and your timeline. Takes about 5 minutes.
Your loan officer reviews your scenario and shops it across 65+ investors. You’ll receive personalized loan options and suggestions, not a generic rate sheet.
Once you’ve chosen the right option, your loan officer locks the rate and walks you through your documents. Upload everything through Milestone’s secure portal.
Milestone coordinates with your real estate agent, title company, and appraiser.
No. Virginia law lets a licensed attorney, a title insurance company or its appointed agent, a licensed real estate broker, or a financial institution act as your settlement agent, so a title company can handle your closing. You also have the right to choose your settlement agent, and the seller can’t require a particular one as a condition of the sale.
Virginia charges a state grantor’s tax of 50 cents per $500 of the sale price or the property’s assessed value, whichever is greater, and the seller pays it unless the buyer and seller agree otherwise. Sellers in Northern Virginia pay two additional regional fees of 10 cents per $100 each, and sellers in Hampton Roads pay one of 6 cents per $100. On a $400,000 home, the state grantor’s tax alone comes to $400. The deed itself also carries a separate state recordation tax of 25 cents per $100.
Yes. Virginia’s recordation tax on a deed of trust, the document that secures your loan, is 25 cents per $100 borrowed, and cities and counties can add a local tax equal to one-third of the state amount. When you refinance a loan that already paid the tax, the state rate drops to 18 cents per $100. On a $400,000 loan, that works out to $1,000 at the purchase rate and $720 at the refinance rate, before any local tax.
Yes. Virginia lets you protect up to $50,000 in value of the home you live in from creditor process on a debt, up from $25,000 before a 2024 law change. The exemption doesn’t apply against a debt for the property’s purchase price or against spousal and child support, and you claim it on real estate by recording a homestead deed. Starting April 1, 2027, the dollar limits adjust for inflation every three years.
Your Milestone loan officer will compare options from 65+ investors to find the right fit for your situation in Virginia, from Hampton Roads to Northern Virginia. Fill out a quick form and a loan officer will reach out to walk you through your options. Not in Virginia? Milestone serves homebuyers in 30+ states.
