Virginia Beach is anchored by its deep connection to the U.S. Military. Home to Naval Air Station Oceana, Joint Expeditionary Base Little Creek-Fort Story, and Dam Neck, the city is a primary destination for active-duty members and veterans.
At The Herd Lending, we don’t just “do” VA loans—we specialize in them. Our no-overlay philosophy means we follow the actual VA loan underwriting guidelines, often approving Veterans with high DTI or lower credit scores that national banks reject. We understand how to maximize your Basic Allowance for Housing (BAH) to help you qualify for the best neighborhoods in the 757.
In 2026, the median home value in Virginia Beach has stabilized around $418,500, showing consistent growth compared to years past. However, buying here involves more than just a purchase price:
Discover a range of mortgage solutions designed to help you purchase your dream home. We’ll work with you to find the perfect fit for your needs and budget.
Maximize your savings with our industry-leading refinance rates and minimal fees. Explore our competitive rates and begin your application now.
Maximize your savings with our industry-leading refinance rates and minimal fees. Explore our competitive rates and begin your application now.
NMLS #1764687
Whether you’re on the exciting journey of buying a new home, selling your current one, refinancing, or even building your dream haven, your mortgage journey is a significant part of your family’s story. Trusting the right loan specialist becomes crucial in these moments, especially considering the ever-changing market conditions and mortgage landscapes.
As a devoted professional, my mission is to guide you and your family through the mortgage process with care and expertise. I understand the importance of making choices that align with your family’s needs and aspirations. For a more personalized experience and expert advice, I’m just a phone call, text, or email away, ready to assist your family on this exciting journey.
For 2026, VA loan limits have increased, giving Virginia Beach Veterans more purchasing power than ever before. For a single-unit property in the Virginia Beach-Norfolk-Newport News MSA, the conforming limit now reaches $832,750, with even higher limits available for Veterans with full entitlement.
| Loan Type | 2026 VA Beach Limit | Down Payment |
|---|---|---|
| Conventional | $832,750 | 3% – 5% |
| FHA | $498,257 (Est.) | 3.5% |
| VA | No Limit (Full Entitlement) | 0% |
| Jumbo | $832,750+ | Variable |
Palm Coast is a top choice for military retirees and active-duty families from nearby bases. We offer a no minimum credit score VA mortgage with zero lender overlays, helping you use your hard-earned benefits to secure a home in one of Florida’s safest cities.
With Palm Coast’s median home price currently sitting around $336,000, our FHA programs offer a highly accessible 3.5% down payment. We provide flexible qualification standards, including high DTI allowances (up to 56.99%), to help you achieve homeownership.
For those looking at the luxury market or established neighborhoods, our conventional programs offer competitive rates and terms. We specialize in helping buyers navigate PMI removal and fixed-rate solutions for the many master-planned communities across the city.
| Neighborhood | Vibe | Primary Buyer Type |
|---|---|---|
| Kempsville | Suburban / Central | Families / First-Time Buyers |
| Great Neck | Premium / Peninsula | High-Net-Worth / Professionals |
| Ocean Lakes | Military-Friendly / Value | Active Duty / Young Families |
| Croatan | Exclusive / Beachside | Luxury / Second Home |
The funding fee is a percentage of the loan amount paid to the VA to sustain the program. However, many Veterans with a service-connected disability are exempt from this fee. We verify this for you during the pre-approval process.
Yes, but the condo project must be on the VA-approved list. If your dream condo at the Oceanfront isn’t approved, we can often assist with the “Single-Unit Approval” process.
Virginia Beach is the center of the Hampton Roads area, and we serve all neighboring communities with the same “Human Underwrite” care:
Whether you are PCSing to NAS Oceana or looking for your forever home in Red Mill, The Herd Lending is here to ensure your mortgage is handled with the precision and care you deserve. We combine the power of a national lender with the heart of a Virginia Beach local.
Ready to get your Virginia Beach pre-approval started?