Lowest closing cost mortgage lenders in Lynchburg city County, Virginia
In Lynchburg city, Virginia, homebuyers paid a median of $5,496 in closing costs in 2024 — below the Virginia median of $6,913. The county saw 747 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $1,641, which is $3,704 less than the county median.
Homebuyers in Lynchburg city County who chose MORTGAGE RESEARCH CENTER, LLC paid $3,855 less in closing costs than the county median.
County Median Costs
$5,496
−20.5% vs Virginia ($6,913)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$2,199
Purchase Originations
747
vs Virginia Median
20.5% below
$-1,417
vs National Median
18.5% below
$-1,245
Lender rankings in Lynchburg city County
15 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,867 | 7.058% | $742 | 32 | −$1,793 | |
| 2 | $3,703 | 6.625% | $1,366 | 10 | −$957 | |
| 3 | $4,276 | 6.625% | $1,495 | 13 | −$384 | |
| 4 | $4,362 | 6.625% | $2,650 | 58 | −$298 | |
| 5 | $4,681 | 6.500% | $2,412 | 15 | +$21 | |
| 6 | $4,689 | 7.125% | $2,309 | 31 | +$29 | |
| 7 | $4,825 | 6.625% | $2,482 | 18 | +$165 | |
| 8 | $5,088 | 6.875% | $2,695 | 13 | +$428 | |
| 9 | $5,185 | 7.125% | $2,769 | 14 | +$525 | |
| 10 | $5,404 | 6.933% | $2,374 | 14 | +$744 | |
| 11 | $5,461 | 7.000% | $3,508 | 15 | +$801 | |
| 12 | $6,242 | 6.625% | $3,370 | 11 | +$1,582 | |
| 13 | $6,363 | 6.500% | $3,924 | 36 | +$1,703 | |
| 14 | $6,449 | 6.562% | $4,160 | 18 | +$1,789 |
Includes lenders with 10+ purchase originations in Lynchburg city County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Virginia → Lender Directory
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.