VA mortgage rates

Alleghany County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Alleghany County, Virginia. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Alleghany County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Alleghany County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Alleghany

A local view of the market.

In Alleghany County, Virginia, the real estate market has seen significant activity in 2024. The median listing home price in October 2024 was $175,000, reflecting a 46% increase from the previous year, while the median sold home price was slightly lower at $159,000. The average home value in the county is $163,858, marking a 7% increase over the past year. The top cities in Alleghany County include Clifton Forge and Covington. Clifton Forge is known for its affordability, with a median listing home price of $91,700. Covington, another prominent city, serves as the county seat and is a hub for local economic activities. Alleghany County offers a mix of rural and suburban living, with a strong presence of agriculture and small-town charm. The county's economy is supported by industries such as manufacturing and healthcare. People are drawn to Alleghany County for its scenic landscapes, affordable housing, and a slower pace of life, making it an attractive destination for those seeking to escape the hustle and bustle of urban areas.

Questions & Answers

Refinancing in Alleghany County

Common questions about 2026 loan limits and refinancing opportunities in Virginia.

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