diff --git a/lib/find/find.js b/lib/find/find.js
index f47d558..66d605e 100644
--- a/lib/find/find.js
+++ b/lib/find/find.js
@@ -1,5 +1,6 @@
 'use strict'
 
+var fs = require('fs')
 var path = require('path')
 var URL = require('url').URL // Node 8 support
 var vfile = require('to-vfile')
@@ -21,14 +22,21 @@ var slashes = '//'
 
 var lineExpression = /^#l\d/i
 
-function find(ctx) {
+// List from: https://github.com/github/markup#markups
+var readmeExtensions = ['.markdown', '.mdown', '.mkdn', '.md']
+var readmeBasename = /^readme$/i
+
+function find(ctx, next) {
   var file = ctx.file
   var fileSet = ctx.fileSet
   var absolute = file.path ? path.resolve(file.cwd, file.path) : ''
   var space = file.data
   var references = {}
   var landmarks = {}
-  var alreadyAdded = []
+  var actual = 0
+  var expected = 0
+  var statted = []
+  var added = []
   var config = xtend(ctx.urlConfig, {
     path: absolute,
     base: absolute ? path.dirname(absolute) : file.cwd,
@@ -38,18 +46,21 @@ function find(ctx) {
   space[constants.referenceId] = references
   space[constants.landmarkId] = landmarks
 
-  landmarks[absolute] = {'': true}
+  addLandmarks(absolute, '')
 
   slugs.reset()
 
   visit(ctx.tree, mark)
 
+  if (expected === 0) {
+    next()
+  }
+
   function mark(node) {
     var data = node.data || {}
     var props = data.hProperties || {}
     var id = props.name || props.id || data.id
     var info = node.url ? urlToPath(node.url, config) : null
-    var refs
     var fp
     var hash
 
@@ -58,34 +69,114 @@ function find(ctx) {
     }
 
     if (id) {
-      landmarks[absolute][id] = true
+      addLandmarks(absolute, id)
     }
 
     if (info) {
       fp = info.filePath
       hash = info.hash
-      refs = references[fp] || (references[fp] = {})
 
-      add('', node)
+      addReference(fp, '', node)
 
-      // With a heading
       if (hash) {
         if (fileSet || fp === absolute) {
-          add(hash, node)
+          addReference(fp, hash, node)
         }
 
-        if (fileSet && fp && alreadyAdded.indexOf(fp) === -1) {
-          alreadyAdded.push(fp)
-          fileSet.add(vfile({cwd: file.cwd, path: path.relative(file.cwd, fp)}))
+        if (fileSet && fp && statted.indexOf(fp) === -1) {
+          addFile(fp)
         }
       }
     }
+  }
+
+  function addLandmarks(filePath, hash) {
+    addLandmark(filePath, hash)
+
+    // Note: this may add marks too many anchors as defined.
+    // For example, if there is both a `readme.md` and a `readme.markdown` in a
+    // folder, both their landmarks will be defined for their parent folder.
+    // To solve this, we could check whichever sorts first, and ignore the
+    // others.
+    // This is an unlikely scenario though, and adds a lot of complexity, so
+    // we’re ignoring it.
+    if (readme(filePath)) {
+      addLandmark(path.dirname(filePath), hash)
+    }
+  }
+
+  function addLandmark(filePath, hash) {
+    var marks = landmarks[filePath] || (landmarks[filePath] = {})
+
+    marks[hash] = true
+  }
+
+  function addReference(filePath, hash, node) {
+    var refs = references[filePath] || (references[filePath] = {})
+    var hashes = refs[hash] || (refs[hash] = [])
+
+    hashes.push(node)
+  }
+
+  function addFile(fileOrFolderPath) {
+    expected++
 
-    function add(hash, node) {
-      if (refs[hash]) {
-        refs[hash].push(node)
+    statted.push(fileOrFolderPath)
+
+    fs.stat(fileOrFolderPath, onstat)
+
+    function onstat(_, stats) {
+      if (stats && stats.isDirectory()) {
+        fs.readdir(fileOrFolderPath, onreaddir)
       } else {
-        refs[hash] = [node]
+        done(fileOrFolderPath)
+      }
+    }
+
+    function onreaddir(_, entries) {
+      /* istanbul ignore next - unlikely that it is an unreadable directory. */
+      var files = (entries || []).sort()
+      var length = files.length
+      var index = -1
+      var entry
+      var file
+      var filePath
+
+      while (++index < length) {
+        entry = entries[index]
+
+        if (readme(entry)) {
+          file = entry
+          break
+        }
+      }
+
+      // If there is no readme that we can parse, add the directory.
+      filePath = fileOrFolderPath
+
+      // To do: test for no readme in directory.
+
+      if (file) {
+        filePath = path.join(fileOrFolderPath, file)
+        statted.push(filePath)
+      }
+
+      done(filePath)
+    }
+
+    function done(filePath) {
+      if (added.indexOf(filePath) === -1) {
+        added.push(filePath)
+
+        fileSet.add(
+          vfile({cwd: file.cwd, path: path.relative(file.cwd, filePath)})
+        )
+      }
+
+      actual++
+
+      if (actual === expected) {
+        next()
       }
     }
   }
@@ -197,3 +288,12 @@ function normalize(url, config) {
 
   return {filePath: decodeURIComponent(filePath), hash: hash}
 }
+
+function readme(filePath) {
+  var ext = path.extname(filePath)
+
+  return (
+    readmeExtensions.indexOf(ext) !== -1 &&
+    readmeBasename.test(path.basename(filePath, ext))
+  )
+}
diff --git a/test/fixtures/folder-without-readme/example.md b/test/fixtures/folder-without-readme/example.md
new file mode 100644
index 0000000..f023e4c
--- /dev/null
+++ b/test/fixtures/folder-without-readme/example.md
@@ -0,0 +1 @@
+This file isn’t used when linking to the folder: it has to be a `readme`.
diff --git a/test/fixtures/folder.md b/test/fixtures/folder.md
new file mode 100644
index 0000000..eb473ec
--- /dev/null
+++ b/test/fixtures/folder.md
@@ -0,0 +1,23 @@
+Here we link to a folder:
+
+Explicit:
+
+[OK](./folder/readme.markdown#this)
+
+[OK](./folder/readme.markdown#that)
+
+[NOK](./folder/readme.markdown#missing)
+
+Implicit:
+
+[OK](./folder#this)
+
+[OK](./folder#that)
+
+[NOK](./folder#missing)
+
+Other:
+
+[NOK](./missing#missing)
+
+[NOK](./folder-without-readme#missing)
diff --git a/test/fixtures/folder/example.md b/test/fixtures/folder/example.md
new file mode 100644
index 0000000..f023e4c
--- /dev/null
+++ b/test/fixtures/folder/example.md
@@ -0,0 +1 @@
+This file isn’t used when linking to the folder: it has to be a `readme`.
diff --git a/test/fixtures/folder/readme.asc b/test/fixtures/folder/readme.asc
new file mode 100644
index 0000000..1ce4b56
--- /dev/null
+++ b/test/fixtures/folder/readme.asc
@@ -0,0 +1,9 @@
+readme
+------
+
+While GitHub would pick up on this readme for the folder,
+`remark-validate-links` is for Markdown, so we ignore AsciiDoc.
+
+== This
+
+== That
diff --git a/test/fixtures/folder/readme.markdown b/test/fixtures/folder/readme.markdown
new file mode 100644
index 0000000..74fabf2
--- /dev/null
+++ b/test/fixtures/folder/readme.markdown
@@ -0,0 +1,5 @@
+# readme
+
+## This
+
+## That
diff --git a/test/fixtures/folder/readme.md b/test/fixtures/folder/readme.md
new file mode 100644
index 0000000..d29d2f6
--- /dev/null
+++ b/test/fixtures/folder/readme.md
@@ -0,0 +1 @@
+This one isn’t used (`readme.markdown` sorts before `readme.md`).
diff --git a/test/index.js b/test/index.js
index 5ee556a..413c9c9 100644
--- a/test/index.js
+++ b/test/index.js
@@ -1004,6 +1004,45 @@ test('remark-validate-links', function(t) {
     }
   })
 
+  t.test('should support folders', function(st) {
+    st.plan(1)
+
+    childProcess.exec(
+      [
+        bin,
+        '--no-config',
+        '--no-ignore',
+        '--use',
+        '"../..=repository:\\"wooorm/test\\""',
+        '--use',
+        '../sort',
+        'folder.md'
+      ].join(' '),
+      onexec
+    )
+
+    function onexec(err, stdout, stderr) {
+      st.deepEqual(
+        [err, strip(stderr)],
+        [
+          null,
+          [
+            'folder.md',
+            '    9:1-9:40  warning  Link to unknown heading in `folder/readme.markdown`: `missing`  missing-heading-in-file  remark-validate-links',
+            '  17:1-17:24  warning  Link to unknown heading in `folder`: `missing`                  missing-heading-in-file  remark-validate-links',
+            '  21:1-21:25  warning  Link to unknown file: `missing`                                 missing-file             remark-validate-links',
+            '  21:1-21:25  warning  Link to unknown heading in `missing`: `missing`                 missing-heading-in-file  remark-validate-links',
+            '  23:1-23:39  warning  Link to unknown heading in `folder-without-readme`: `missing`   missing-heading-in-file  remark-validate-links',
+            '',
+            '⚠ 5 warnings',
+            ''
+          ].join('\n')
+        ],
+        'should work'
+      )
+    }
+  })
+
   t.test('should check images', function(st) {
     st.plan(1)