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Lowest closing cost mortgage lenders in Richmond city County, Virginia

In Richmond city, Virginia, homebuyers paid a median of $5,424 in closing costs in 2024 — below the Virginia median of $6,913. The county saw 1,909 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, CAPITAL CENTER, L.L.C. offered the lowest median costs at $0, which is $5,042 less than the county median.

Homebuyers in Richmond city County who chose CAPITAL CENTER, L.L.C. paid $5,424 less in closing costs than the county median.

County Median Costs

$5,424

−21.5% vs Virginia ($6,913)

Median Rate

6.620%

+0.0% vs national (6.620%)

Median Origination

$1,915

Purchase Originations

1,909

vs Virginia Median

21.5% below

$-1,489

vs National Median

19.5% below

$-1,317

Lender rankings in Richmond city County

36 lenders with 10+ originations, ranked by median total loan costs.

RankLenderMedian Total CostsMedian RateMedian OriginationVolumevs. Median
1$06.625%$039−$5,042
2$3,1726.500%$023−$1,870
3$3,8206.990%$1,59431−$1,222
4$4,0416.625%$1,40980−$1,001
5$4,1906.625%$1,18572−$852
6$4,2466.000%$1,29911−$796
7$4,2566.875%$1,71918−$786
8$4,2876.812%$1,05710−$755
9$4,3946.625%$1,30058−$648
10$4,4526.500%$1,582125−$590
11$4,4706.500%$1,35027−$572
12$4,5746.500%$1,52010−$468
13$4,6446.625%$1,36037−$398
14$4,9236.625%$2,37823−$119
15$4,9666.562%$2,09012−$76
16$5,0346.990%$1,98511−$8
17$5,0946.875%$1,49975+$52
18$5,1437.000%$1,44925+$101
19$5,1646.490%$1,89342+$122
20$5,2066.562%$1,55512+$164
21$5,2377.125%$1,84010+$195
22$5,2506.625%$1,99969+$208
23$5,3786.875%$2,53015+$336
24$5,3916.625%$2,16080+$349
25$5,6536.625%$3,89574+$611
26$6,1226.875%$3,69632+$1,080
27$6,1996.625%$3,67644+$1,157
28$6,4546.990%$3,73981+$1,412
29$6,5977.000%$3,48621+$1,555
30$6,7456.562%$3,89716+$1,703
31$6,9127.000%$3,86613+$1,870
32$7,0536.625%$4,23811+$2,011
33$8,1486.875%$4,74013+$3,106
34$8,8846.624%$5,33313+$3,842
35$9,0146.624%$5,84160+$3,972

Includes lenders with 10+ purchase originations in Richmond 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.