804Mortgage was built on one idea: Richmond homebuyers deserve a lender who picks up the phone, tells them the truth, and actually saves them money – not just on the loan, but on the entire transaction.
William Schroeder founded 804Mortgage in 2019 after two decades working as a mortgage underwriter – the person on the inside who approves or denies loans. He’d spent years watching good people get bounced between call centers, given rates that did not reflect their actual situation, and left without answers when they needed them most. He knew he could do better. So he did.
The name is the mission. 804 is Richmond's area code. This is a local company, run by people who live here, raise their kids here, and know this market from the inside. When you call 804Mortgage, you are talking to someone who knows the difference between Short Pump and Northside, understands the Richmond market's pace and quirks, and has seen nearly every lending scenario the 804 can throw at them.
In 2023, 804Mortgage went further with the launch of the Bundle and Save program – giving buyers half the buyer-agent commission back at closing when they pair their mortgage with the 804 Home Sales Team. No other Richmond lender does this. It’s the kind of thinking that comes from people who are genuinely trying to save their clients money, not just close loans.
Today the team includes mortgage specialists, licensed Realtors, and transaction coordinators – all under one roof, covering Richmond, Hampton Roads, and the broader Virginia market. The goal has not changed: be the most useful, most honest mortgage company in Richmond. Every call, every deal, every closing.
Three things we do that most lenders don’t – and won’t.
Questions at 7pm before your offer deadline? Someone answers. No voicemail maze, no callback queue. A local loan officer who treats your deal like it matters - because it does.
No other Richmond lender has an in-house real estate team. Bundle your mortgage and home purchase with us and get half the buyer-agent commission back as a credit - typically $6,000 on a $400k home.
We'll tell you if refinancing does not make sense for you. We'll tell you which loan actually fits your situation - not the one that's easiest for us. Honest advice is the only kind we give.
Our in-house real estate team gives you half the buyer-agent commission back at closing as a credit - apply it to closing costs or buy down your rate. No other Richmond lender offers this.
See How Bundle and Save Works →★★★★★ Rated 5 Stars on Google
Local people. Real experience. One goal.
Let’s talk about your home purchase or refinance. A local 804 team member will give you straight answers and a real rate quote – fast.
