If you are looking to buy your 1st home in Virginia, you've come to the right place. Fill out the form on the right to get started.

Virginia First Time Home Buyer LoansIf you’re first time home buyer in Virginia, there are many different ways you can finance your home purchase. Most homebuyers take out loans to fund their homes. It’s not difficult to find a good mortgage, but the process can seem confusing and intimidating if you’ve never been through it before. Virginia First Time Home Buyer InformationFollow the steps outlined in our first time home buyer checklist to find a mortgage without stress or chaos.
These five steps are the most essential steps in the process. To get started, figure out how much money you can afford to borrow by using mortgage calculator below. 1st Time Home Buyer Loan ProgramsThe most important first time home buyer loan program to mention is the Virginia FHA loan program. This loan type is insured by the Federal Housing Administration, a government agency tasked with ensuring that low income and low credit homebuyers are able to qualify for the mortgages they need in order to complete their home purchases. You won’t have to make a high down payment or establish high credit or income in order to qualify for an FHA loan. But your loan must meet the Virginia FHA loan limits for the county in which you’re planning to purchase your home. Visit the Virginia page of the FHA website for additional information. About VirginiaVirginia is a state with major ties to the history of the nation and many beautiful natural features, including verdant valleys and lush forests. The state was named after Queen Elizabeth I. It was inhabited by British settlers until the time of the American Revolution. Virginia is the birthplace of eight former Presidents of the United States. Today, Virginia is one of the wealthiest states in the southern U.S. It has a homeownership rate of 68.1% with a median home price of $125,400. Though this price is higher than other southern states, Virginia is still a good place for first time home buyers to get started.
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Reverse Mortgage SpecialistDavid Vanlanadingham NMLS #369717 Terri HardinBayfield Home Loans Mike CooperCornerstone Business Group Dawn SchowalterEVB Mortgage | |||||||||||||||||||||
