VERONA VA – This month, SmartAsset, a New York financial technology company, named Augusta County one of the smartest places in Virginia for home-buyers to get a mortgage. The second annual “Best Places to Get a Mortgage” report ranked Augusta County fourth among the various locations in the state. The study compares the following: mortgage rates, average five-year borrowing costs, property taxes and the likelihood of mortgage approval by county.
“This report proves what we experience living in Augusta County,” said Amanda Glover, Director of Economic Development. “When you combine our mortgage rating and our low real estate property tax, Augusta County offers a fantastic opportunity for home ownership along with a strong quality of life,” said Glover.
For more details about the ranking, see SmartAsset’s full report at https://smartasset.com/mortgage/mortgage-rates?year=2016%20-%20Virginia.
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About Augusta County, Virginia:
Located in the center of Virginia’s Shenandoah Valley and at the intersection of I-64 and I-81, the area offers easy access to transportation networks and global markets. Augusta County experienced nearly $200 million in investment and more than 400 net new jobs created in the last two years. With household names such as Hershey Chocolate of Virginia, McKee Foods, Target Distribution, Daikin, and Hollister serving as the five largest manufacturing/distribution companies in Augusta County, the area enjoys a rich and diversified business base. More information at www.AugustaVABusiness.com.
