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Mortgage Brokers · Richmond, VA/Updated June 13, 2026

The 10 Best Mortgage Brokers in Richmond, VA

Richmond's mortgage market is a blend of high-quality service and competitive pricing. Find out where to get the best value for your home financing needs.

Editorially independent10 companies evaluated
cover story
★ Editor's ChoiceParks Mortgage Group
96Score
Latest update · June 13, 2026: Initial ranking published. 10 Richmond-metro mortgage brokers businesses evaluated, top 10 ranked by Vetted Score.

Finding the right mortgage broker can make a significant difference in your home buying experience in Richmond, VA. With a mix of established firms and smaller operations, the mortgage landscape here offers a variety of choices, but not all options provide the same level of service or trust.

To create this list, we evaluated ten mortgage brokers based on their customer ratings and reviews. The focus was on both the most affordable choices and the ones that inspire the highest confidence, helping you understand where true value lies.

10mortgage brokers evaluated in Richmond
4.95average rating across the field
1.1Kcustomer reviews analyzed

Cityvetted analysis of public Google review data, updated June 13, 2026.

How much does mortgage brokers cost in Richmond? See the price breakdown →

Our top picks

At a glance · three categories
★ Editor's Choice
96Score

Parks Mortgage Group

★★★★★5.0(234 reviews)

With a perfect 5-star rating from 234 reviews, Parks Mortgage Group receives high praise for its personalized service and responsiveness.

Read full review
Most Reviewed
95Score

The Cowart Team of NFM Lending

★★★★★4.9(345 reviews)

The Cowart Team of NFM Lending has an impressive rating of 4.9 stars from 345 reviews.

Read full review
Best for Bundled Services
94Score

Rated 5 stars from 121 reviews, 804Mortgage, led by William Schroeder, is highly regarded for offering bundled real estate and mortgage services.

Read full review

All 10, compared

Data as of June 13, 2026
BusinessVetted ScoreGoogle ratingReviewsBest for
1
Parks Mortgage Group
Parks Mortgage Group
Editor's Choice
96Score
5.0★★★★★
234Tailored mortgage advice
2
95Score
4.9★★★★★
345Competitive mortgage rates
3
94Score
5.0★★★★★
121Bundled real estate and mortgage services
4
92Score
5.0★★★★★
113First-time homebuyers
5
90Score
5.0★★★★★
62Personalized mortgage service
6
89Score
4.9★★★★★
82Unique financial situations
7
88Score
4.9★★★★★
58Local buyers
8
87Score
4.9★★★★★
48Efficient mortgage processing
9
85Score
4.9★★★★★
30Straightforward mortgage solutions
10
82Score
5.0★★★★★
18Innovative mortgage solutions
Methodology

How we evaluated all 10 mortgage brokers.

We assessed the mortgage brokers in Richmond by examining their Vetted Scores, which reflect customer feedback and review counts. Each business was evaluated without any influence from placement fees, ensuring an impartial ranking.

This ranking is refreshed monthly to provide the most current insights. The reviews were analyzed for consistency, with a total of 1,111 combined reviews across the ranked businesses, giving a well-rounded view of customer satisfaction.

The Vetted Score: six weighted factors

Customer sentiment25%
Rating quality20%
Review volume & velocity20%
Website trust signals15%
Service breadth10%
Business longevity10%

Sentiment is measured by AI analysis of review text, recency-weighted, with verified-pattern checks to discount suspicious review bursts.

Full reviews

The rankings · in order
1
★ Editor's Choice

Parks Mortgage Group

★★★★★5.0(234 reviews)
96Score

With a perfect 5-star rating from 234 reviews, Parks Mortgage Group receives high praise for its personalized service and responsiveness. Clients appreciate the team's expertise in navigating complex mortgage options. However, some have noted longer wait times during peak seasons. This team is best for those seeking tailored advice and support in Richmond.

Pros

  • Personalized service
  • Highly responsive
  • Expert guidance

Cons

  • Longer wait times during busy periods
Best forTailored mortgage advice
Service areaRichmond, VA
Typical pricing$300 to $800
2
Most Reviewed

The Cowart Team of NFM Lending

★★★★★4.9(345 reviews)
95Score

The Cowart Team of NFM Lending has an impressive rating of 4.9 stars from 345 reviews. Clients commend their thoroughness and ability to simplify the mortgage process. They are particularly noted for their competitive rates. One downside is their availability, which can sometimes be limited due to high demand. A review base that deep is hard to game, and the score barely moves across it, which is the clearest consistency signal we track. Most of what reviewers hire it for is competitive mortgage rates. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are limited availability during busy times.

Pros

  • Thorough process explanation
  • Competitive rates
  • High customer satisfaction

Cons

  • Limited availability during busy times
Best forCompetitive mortgage rates
Service areaRichmond, VA
Typical pricing$300 to $700
3
Best for Bundled Services

804Mortgage | William Schroeder | Real Estate and Mortgage Bundled

★★★★★5.0(121 reviews)
94Score

Rated 5 stars from 121 reviews, 804Mortgage, led by William Schroeder, is highly regarded for offering bundled real estate and mortgage services. Clients appreciate the seamless experience and knowledgeable staff. However, the limited number of reviews means it is still somewhat unproven compared to other top firms in Richmond. That is a substantial body of feedback for a local operator, enough to trust the rating rather than credit a lucky streak. Most of what reviewers hire it for is bundled real estate and mortgage services. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are limited review base.

Pros

  • Bundled services for convenience
  • Knowledgeable staff
  • Seamless process

Cons

  • Limited review base
Best forBundled real estate and mortgage services
Service areaRichmond, VA
Typical pricing$300 to $700
4

Blake Bogese, NMLS ID# 1486989

★★★★★5.0(113 reviews)
92Score

Blake Bogese holds a 5-star rating from 113 reviews, with clients praising his professionalism and clear communication. He excels in guiding first-time homebuyers through the mortgage process. A downside is that his business is smaller, which may limit resources compared to larger firms. That is a substantial body of feedback for a local operator, enough to trust the rating rather than credit a lucky streak. Most of what reviewers hire it for is first-time homebuyers. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are limited resources due to smaller size.

Pros

  • Professional and clear communication
  • Great for first-time buyers

Cons

  • Limited resources due to smaller size
Best forFirst-time homebuyers
Service areaRichmond, VA
Typical pricing$300 to $700
5

James Bowry

★★★★★5.0(62 reviews)
90Score

James Bowry has earned a 5-star rating from 62 reviews, where clients highlight his dedication and attention to detail. He is a solid choice for those looking for a personalized approach. However, the smaller review count suggests that he may not have as much experience as some competitors. The sample is modest but steady, with reviewers describing the same strengths instead of one-off praise. Most of what reviewers hire it for is personalized mortgage service. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are smaller review count may indicate less experience.

Pros

  • Dedicated service
  • Attention to detail

Cons

  • Smaller review count may indicate less experience
Best forPersonalized mortgage service
Service areaRichmond, VA
Typical pricing$300 to $700
6

MAK Financial Group Inc

★★★★★4.9(82 reviews)
89Score

MAK Financial Group Inc holds a 4.9 rating from 82 reviews, with clients praising their comprehensive service and quick turnaround times. They are particularly noted for helping clients with unique financial situations. However, some feedback suggests that communication could be improved during the process. That is a substantial body of feedback for a local operator, enough to trust the rating rather than credit a lucky streak. Most of what reviewers hire it for is unique financial situations. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are communication could improve.

Pros

  • Quick turnaround times
  • Comprehensive service

Cons

  • Communication could improve
Best forUnique financial situations
Service areaRichmond, VA
Typical pricing$300 to $700
7

ALCOVA Mortgage | Richmond, VA

★★★★★4.9(58 reviews)
88Score

ALCOVA Mortgage has a 4.9-star rating from 58 reviews, with clients appreciating their friendly service and competitive rates. They are particularly popular among local buyers. However, their smaller size means they may lack some of the resources of larger firms. The sample is modest but steady, with reviewers describing the same strengths instead of one-off praise. Most of what reviewers hire it for is local buyers. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are smaller size may limit resources.

Pros

  • Friendly service
  • Competitive rates

Cons

  • Smaller size may limit resources
Best forLocal buyers
Service areaRichmond, VA
Typical pricing$300 to $700
8

ALCOVA Mortgage | Richmond, VA

★★★★★4.9(48 reviews)
87Score

The second ALCOVA Mortgage location also holds a 4.9 rating from 48 reviews. Clients commend the team for their efficiency and helpfulness. While they have a strong reputation, the duplicated location might lead to some confusion among clients seeking specific agents. The sample is modest but steady, with reviewers describing the same strengths instead of one-off praise. Most of what reviewers hire it for is efficient mortgage processing. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are potential confusion with multiple locations.

Pros

  • Efficient service
  • Helpful staff

Cons

  • Potential confusion with multiple locations
Best forEfficient mortgage processing
Service areaRichmond, VA
Typical pricing$300 to $700
9

Liberty Mortgage Corporation

★★★★★4.9(30 reviews)
85Score

Liberty Mortgage Corporation has a 4.9-star rating from 30 reviews. Clients appreciate their straightforward approach and friendly staff. However, the limited number of reviews indicates they may not have as much experience as some larger firms in the area. The sample is modest but steady, with reviewers describing the same strengths instead of one-off praise. Most of what reviewers hire it for is straightforward mortgage solutions. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are limited experience due to fewer reviews.

Pros

  • Straightforward service
  • Friendly staff

Cons

  • Limited experience due to fewer reviews
Best forStraightforward mortgage solutions
Service areaRichmond, VA
Typical pricing$300 to $700
10
82Score

The Maverick Mortgage Group has a perfect 5-star rating from 18 reviews. They are praised for their innovative solutions and customer service. However, the small review count suggests they are still building a reputation in Richmond, making them a promising but unproven option. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is innovative mortgage solutions. It serves Richmond, VA, with $300 to $700 pricing, and the honest trade-offs are small review base may indicate less experience.

Pros

  • Innovative solutions
  • Great customer service

Cons

  • Small review base may indicate less experience
Best forInnovative mortgage solutions
Service areaRichmond, VA
Typical pricing$300 to $700
Before you book

How to choose a mortgage broker in Richmond

Choosing a mortgage broker involves balancing price and trustworthiness. Here are key factors to consider when making your selection.

Check Ratings and Reviews

Look for brokers with high ratings and a substantial number of reviews. A strong review record indicates consistent service quality.

Compare Fees and Rates

Evaluate the fee structures and interest rates offered by different brokers. Sometimes a lower fee might come at the cost of service quality.

Assess Communication and Support

Choose a broker who communicates clearly and promptly. Good support can ease the mortgage process significantly.

What it costs

What mortgage brokers cost in Richmond

The cost of using a mortgage broker can vary based on the services provided and the complexity of your mortgage needs. Here’s a breakdown of potential costs.

Basic Service Fee$300 to $600 for standard services, including initial consultations and mortgage application assistance.
Premium Service Fee$600 to $1,200 for extensive services, including credit analysis and personalized mortgage strategy.
Discounted RatesSome brokers may offer lower rates for certain loan types. Always inquire about any promotions.
No Upfront FeesMany brokers operate on a no-fee basis until the mortgage closes, simplifying the cost structure for clients.

Frequently asked questions

How much does a mortgage broker cost in Richmond?

Mortgage broker fees in Richmond typically range from 0.5% to 2% of the loan amount, depending on the broker and services provided.

What is the average mortgage rate in Richmond?

As of now, the average mortgage rate in Richmond is around 3.5%, but this can vary based on the lender and your credit profile.

How often is this ranking updated?

We re-run the full analysis monthly with fresh review data. Last updated June 13, 2026.

Our verdict

For most Richmond homeowners: <strong>Parks Mortgage Group</strong>

The best overall choice is Parks Mortgage Group. For great value, consider The Cowart Team of NFM Lending. If you're looking to splurge, 804Mortgage | William Schroeder | Real Estate and Mortgage Bundled is the way to go.