Lowest closing cost mortgage lenders in Montgomery County County, Virginia
In Montgomery County, Virginia, homebuyers paid a median of $5,080 in closing costs in 2024 — below the Virginia median of $6,913. The county saw 592 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, FREEDOM FIRST Federal Credit Union offered the lowest median costs at $3,862, which is $868 less than the county median.
Homebuyers in Montgomery County County who chose FREEDOM FIRST Federal Credit Union paid $1,218 less in closing costs than the county median.
County Median Costs
$5,080
−26.5% vs Virginia ($6,913)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$1,804
Purchase Originations
592
vs Virginia Median
26.5% below
$-1,833
vs National Median
24.6% below
$-1,661
Lender rankings in Montgomery County County
11 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,862 | 6.750% | $995 | 45 | −$868 | |
| 2 | $4,135 | 6.625% | $1,360 | 49 | −$595 | |
| 3 | $4,810 | 6.812% | $1,751 | 14 | +$80 | |
| 4 | $4,853 | 6.875% | $1,817 | 35 | +$123 | |
| 5 | $4,993 | 6.625% | $1,973 | 44 | +$263 | |
| 6 | $5,670 | 6.750% | $3,282 | 49 | +$940 | |
| 7 | $5,705 | 6.875% | $2,751 | 13 | +$975 | |
| 8 | $5,771 | 6.745% | $3,627 | 22 | +$1,041 | |
| 9 | $6,483 | 6.500% | $3,828 | 23 | +$1,753 | |
| 10 | $7,080 | 6.875% | $4,570 | 17 | +$2,350 |
Includes lenders with 10+ purchase originations in Montgomery County 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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HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
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.