Lowest closing cost mortgage lenders in Portsmouth city County, Virginia
In Portsmouth city, Virginia, homebuyers paid a median of $8,092 in closing costs in 2024 — above the Virginia median of $6,913. The county saw 1,355 purchase mortgages at a median rate of 6.50%. Among lenders with 10+ originations, Bank of America, National Association offered the lowest median costs at $2,916, which is $2,332 less than the county median.
Homebuyers in Portsmouth city County who chose Bank of America, National Association paid $5,176 less in closing costs than the county median.
County Median Costs
$8,092
+17.1% vs Virginia ($6,913)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$1,893
Purchase Originations
1,355
vs Virginia Median
17.1% above
$1,179
vs National Median
20.0% above
$1,351
Lender rankings in Portsmouth city County
18 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,916 | 6.125% | $1,222 | 11 | −$2,332 | |
| 2 | $4,472 | 6.125% | $1,949 | 17 | −$776 | |
| 3 | $5,587 | 7.375% | $1,772 | 17 | +$339 | |
| 4 | $5,600 | 6.625% | $3,070 | 16 | +$352 | |
| 5 | $5,780 | 6.750% | $3,239 | 31 | +$532 | |
| 6 | $5,875 | 6.625% | $3,413 | 16 | +$627 | |
| 7 | $6,306 | 6.688% | $3,272 | 16 | +$1,058 | |
| 8 | $6,661 | 6.625% | $3,889 | 10 | +$1,413 | |
| 9 | $7,203 | 6.438% | $5,414 | 14 | +$1,955 |
Includes lenders with 10+ purchase originations in Portsmouth 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.