Lake Barcroft, Virginia Mortgage Rates
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Rates based on a Loan Amount of $315,000, Loan to Value (LTV) 70%, Credit FICO Score 770 Rates, terms, and fees as 4/22/2022 11:00 AM Central Standard Time and subject to change without notice. Rates are posted daily at 11am Monday – Friday. Rates are not posted on the weekend. Call the Smart Mortgage rate lock line now (888) 999-1350.
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Lake Barcroft is a census-designated place (CDP) in Fairfax County, Virginia, United States. The population was 9,558 at the 2010 census.[3] It is also the name of the privately owned lake—part of the Cameron Run Watershed—around which this population is located. The lake is named for Dr. John W. Barcroft, who owned and operated a mill on Holmes Run during the mid-19th century.[4]
In 1913, the Alexandria Water Company began construction of the Lake Barcroft Dam on Holmes Run to create a drinking water reservoir for the city of Alexandria. Construction of the dam was completed in 1915, putting a 620 million-gallon reservoir into service. In 1942, the company installed 24 gates at the top of the dam to raise the spillway elevation five feet, increasing the reservoir size to 800 million gallons.[5]