Lumin Lending
Randy Mathis
All States

Mortgage Broker in Virginia

Licensed to originate mortgages in Virginia (VA) through Lumin Lending Inc. Purchase, refinance, and investment property loans with access to 100+ lenders.

Last updated: September 2026

Key Facts

Randy Mathis is a licensed mortgage broker serving Virginia through Lumin Lending Inc. (NMLS# 1516760). Available programs include Conventional, FHA, VA, Non-QM, DSCR, Bank Statement, HELOC, Reverse Mortgage, and Commercial loans. The conforming loan limit in Virginia is $806,500 in most counties; the Northern Virginia counties inside the Washington DC metro are high-cost with a higher limit for 2026.

Mortgage Lending in Virginia

Virginia is really two lending markets. Northern Virginia, including Arlington, Alexandria, Fairfax, Loudoun, and Prince William, sits inside the Washington DC high-cost area, where loan limits are higher and high-balance and jumbo financing are routine. The rest of the state, from Richmond to Hampton Roads to the Shenandoah Valley, runs on standard conforming limits at considerably lower price points. Virginia also has one of the heaviest concentrations of military and veteran households in the country, between Hampton Roads, Quantico, and the Pentagon, which makes VA loan expertise a practical requirement rather than a specialty. Virginia Housing offers down payment assistance and first-time buyer programs statewide.

With access to 100+ lenders through Lumin Lending Inc., I can shop your loan across multiple investors to find the right rate and terms for your specific situation in Virginia. Whether you are a first-time homebuyer, looking to refinance, or building an investment portfolio, I have programs designed to fit your needs.

Available Loan Programs in Virginia

Conventional

Traditional financing with as little as 3% down. Competitive rates for purchase and refinance.

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FHA

Government-backed loans with 3.5% down and flexible credit requirements for first-time buyers.

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VA

Zero down payment and no PMI for eligible veterans, active-duty, and qualifying spouses.

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Non-QM / DSCR

Bank statement, DSCR, asset depletion, and other flexible programs for self-employed and investors.

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HELOC / HELoan

Access your home equity with a line of credit or fixed-rate home equity loan.

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Reverse Mortgage

Convert home equity into cash with no monthly mortgage payments for homeowners 62 and older.

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Commercial

Financing for commercial properties, mixed-use buildings, and business real estate needs.

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Rates and program availability may vary based on the state or region in which the financed property is located. This is not a credit decision, an offer, or a commitment to lend. Program restrictions apply.

HELOC: Timing may vary based on borrower qualifications and loan conditions. Appraisal may be required in certain circumstances. Subject to credit approval. Your home is used as collateral and may be at risk if you do not repay. APR, terms, and repayment structure vary by product.

Helpful Resources

First-Time Homebuyer Guide 2026

Everything you need to know about buying your first home, from pre-approval to closing day.

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Should You Refinance in 2026?

How to decide if refinancing makes sense for your situation, with break-even analysis.

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DSCR Loans Explained

How real estate investors qualify based on rental income instead of personal tax returns.

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5-Day Digital HELOC Guide

Access your home equity in as few as 5 days with our digital HELOC process.

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Credit Score Myths for Homebuyers

The 5 biggest credit score myths that stop people from pursuing homeownership.

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Frequently Asked Questions

Answers to common mortgage questions about loan programs, credit, and the application process.

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Frequently Asked Questions

What are the conforming loan limits in Virginia?
Most of Virginia follows the standard conforming loan limit of $806,500 for single-family homes in 2026. The Northern Virginia counties that fall inside the Washington DC metropolitan area are designated high-cost and carry a higher limit, which means a loan that would be jumbo in Richmond can still be conforming or high-balance in Arlington. Above the applicable limit, jumbo financing is available.
Can I use a VA loan to buy a home in Virginia?
Yes, and it is one of the most-used programs in the state given the military presence in Hampton Roads, Quantico, and the DC area. VA loans are available to eligible veterans, active-duty service members, and qualifying surviving spouses, with no down payment required and no monthly mortgage insurance. They can also be used in Northern Virginia's high-cost counties at the higher limits.
Does Virginia have first-time homebuyer programs?
Yes. Virginia Housing offers down payment assistance, a mortgage credit certificate, and first-time buyer loan programs that can be layered with FHA, VA, or conventional financing. Income and purchase-price limits vary by area, and the Northern Virginia limits are higher than the rest of the state. Completing the required homebuyer education is part of most of these programs.
Is Randy Mathis licensed to lend in Virginia?
Yes. Randy Mathis (NMLS# 1516760) is licensed to originate in Virginia through Lumin Lending Inc. (NMLS# 2716106). Whether you are buying in Northern Virginia, Richmond, Virginia Beach, or anywhere in between, Randy shops 100+ wholesale lenders on purchase, refinance, home equity, and investment files. Both licenses are verifiable on NMLS Consumer Access.
Can I get a DSCR or investment property loan in Virginia?
Yes. DSCR loans qualify on the property's rental income rather than your personal income, which works well for the steady rental demand around the military installations and the DC commuter corridor. Conventional investment property financing and portfolio options for multi-unit properties are also available.
What types of properties can I finance in Virginia?
Through Lumin Lending Inc. you can finance single-family homes, condos, townhomes, multi-unit properties up to four units, and investment properties across Virginia. Townhome and condo financing is especially common in the Northern Virginia corridor, and condo projects are reviewed for warrantability the same way they are in any state.

Ready to Get Started in Virginia?

Let me find you a competitive mortgage rate from our network of 100+ lenders. Apply online or schedule a call to discuss your options in Virginia.

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Randy Mathis NMLS# 1516760 | Lumin Lending Inc. NMLS# 2716106 | NMLS Consumer Access