Virginia, Maryland and Washington DC Real Estate Search

Portfolio Realty is a premier real estate firm serving Virginia, Maryland and Washington DC. The DC metro area real estate market demands high levels of skill, proficiency and knowledge. Whether you are eager to buy your first home, sell your nest egg, invest or relocate to the area, it is important to protect your investment by working with a local market expert.
City Min $
Zip Max $
Type Beds

Advanced Search

Baths
Refine Your Search
All Homes
Foreclosures/REO's
Short Sales
New Construction

Shop Around Before Choosing a Mortgage

The chances that you find the home of your dreams after the first one you visit is highly unlikely.  Well this also applies when shopping for a lender or mortgage.  You wouldn’t commit after talking to one person or looking at just one loan right? Of course not!  Make sure you take the time to shop around and browse before you commit to a lender and loan.

Here are six reasons why you should shop around so you can make the best possible decision:

  1. To find the best interest possible – You have to look at the big picture and over the life of a loan on a $300,000, 30 year fixed rate loan, 1/10 of a point difference could save or cost you thousands of dollars.
  2. To pay lower loan fees – After you have filled out the loan application for the lender, you will receive a GFE(Goof Faith Estimate) that will show the itemized costs associated with your loan.  This is the time you can compare different lenders GFEs and asked why they’re different.
  3. Avoid prepayment penalty – Nowadays individuals and families are not staying in their homes for 30 years.  Therefore they are not paying down their mortgage over decades.  You will want to find out if there is a penalty to pay off your mortgage early for relocation purposes or to refinance.
  4. Find a lender you’re comfortable with – You want to feel comfortable enough to call your lender whenever you need to ask questions or get an explanation.  It’s also important that they’re responsive and will give you all the details.
  5. Find a lender that specializes in your situation – Depending on how the market has affected your credit, certain lenders have programs that will accommodate you while others will shut the door in your face.
  6. Get a rate lock you want – After searching for the right lender and loan for your situation, you will want to “lock” your rate.  This is a commitment in writing from the lender that your loan is a specified rate.  The locks can vary from 30-90 days, but some lenders will charge if it’s beyond 30 days.  Negotiate the lock period that is suitable for you.  You may realize that it will take a little longer to close the loan and you don’t want to risk losing that rate.

Here are some tools to give you idea of costs associated with buying a home:

Mortgage Calculator

$
  %
  yrs
  %
$

Affordability Calculator

Monthly Gross Income $
Monthly Debt Expenses [?] $
Down Payment: $
Interest Rate: %

Closing Cost Estimator

Loan Information
Loan Amount $
View/Edit Closing Cost Details

Homes for sale in Loudoun County:

  1. 5 beds, 5 baths
    Lot size: 11,325 sqft
    Year built: 2005
    Days on market: 1
  2. 4 beds, 3 baths
    Home size: 2,712 sq ft
    Lot size: 15,245 sqft
    Year built: 1999
    Days on market: 1
  3. 3 beds, 3 baths
    Home size: 2,404 sq ft
    Lot size: 4,791 sqft
    Year built: 2009
    Days on market: 1
  4. 5 beds, 5 baths
    Home size: 5,336 sq ft
    Lot size: 17,424 sqft
    Year built: 2006
    Days on market: 2
  5. 4 beds, 5 baths
    Home size: 4,144 sq ft
    Lot size: 21,344 sqft
    Year built: 1998
    Days on market: 3
  6. 4 beds, 4 baths
    Home size: 3,800 sq ft
    Lot size: 6,969 sqft
    Year built: 2001
    Days on market: 3
  7. 4 beds, 4 baths
    Home size: 3,446 sq ft
    Lot size: 7,404 sqft
    Year built: 1999
    Days on market: 3
  8. 4 beds, 4 baths
    Home size: 4,769 sq ft
    Lot size: 14,375 sqft
    Year built: 2002
    Days on market: 4
  9. 6 beds, 5 baths
    Home size: 5,345 sq ft
    Lot size: 12,632 sqft
    Year built: 2003
    Days on market: 4
  10. 5 beds, 5 baths
    Home size: 4,246 sq ft
    Lot size: 1.56 ac
    Year built: 2005
    Days on market: 4
  11. 5 beds, 5 baths
    Home size: 5,118 sq ft
    Lot size: 12,632 sqft
    Year built: 1995
    Days on market: 4
  12. 4 beds, 4 baths
    Home size: 3,664 sq ft
    Lot size: 10,019 sqft
    Year built: 1996
    Days on market: 4
  13. 4 beds, 4 baths
    Home size: 3,260 sq ft
    Lot size: 13,068 sqft
    Year built: 1992
    Days on market: 4
  14. 4 beds, 4 baths
    Home size: 3,330 sq ft
    Lot size: 8,712 sqft
    Year built: 2003
    Days on market: 4
  15. 5 beds, 4 baths
    Home size: 3,208 sq ft
    Lot size: 9,582 sqft
    Year built: 1992
    Days on market: 4
  16. 3 beds, 4 baths
    Home size: 2,372 sq ft
    Lot size: 3,920 sqft
    Year built: 2001
    Days on market: 4
  17. 5 beds, 6 baths
    Home size: 6,246 sq ft
    Lot size: 20,037 sqft
    Year built: 1998
    Days on market: 5
  18. 4 beds, 5 baths
    Home size: 6,456 sq ft
    Lot size: 13,068 sqft
    Year built: 1989
    Days on market: 5
  19. 5 beds, 3 baths
    Home size: 3,963 sq ft
    Lot size: 20,909 sqft
    Year built: 1997
    Days on market: 5
  20. 6 beds, 5 baths
    Home size: 4,776 sq ft
    Lot size: 6,969 sqft
    Year built: 2006
    Days on market: 5
  21. 4 beds, 3 baths
    Home size: 2,868 sq ft
    Lot size: 8,712 sqft
    Year built: 2000
    Days on market: 5
  22. 4 beds, 4 baths
    Home size: 2,846 sq ft
    Lot size: 7,841 sqft
    Year built: 2009
    Days on market: 5
  23. 6 beds, 8 baths
    Home size: 5,293 sq ft
    Lot size: 10.02 ac
    Year built: 2005
    Days on market: 6
  24. 5 beds, 6 baths
    Home size: 7,143 sq ft
    Lot size: 3.85 ac
    Year built: 2002
    Days on market: 6
  25. 4 beds, 4 baths
    Home size: 4,322 sq ft
    Lot size: 10,019 sqft
    Year built: 2002
    Days on market: 6

See all *Loudoun Homes.
(all data current as of 7/17/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Also read this...


Free Foreclosure List

Free Local Virginia, Maryland and Washington DC Foreclosure Email