When you're buying a home in Virginia, a state with growing housing demand and varied regional pricing. Also known as the Commonwealth of Virginia, it offers a mix of urban and rural markets where mortgage assistance can make all the difference. Many people think you need 20% down to buy a house here—but that’s not true. In fact, Virginia mortgage assistance programs let you put as little as 0% down if you qualify for a VA loan, or under 3% with FHA or state-backed options.
These programs aren’t just for first-time buyers. They also help teachers, nurses, veterans, and low-to-moderate income families. The VA loan, a mortgage benefit for military service members and veterans. Also known as Veterans Affairs home loan, it requires no down payment and no private mortgage insurance. Then there’s the FHA loan, a government-backed option with lower credit score requirements. Also known as Federal Housing Administration loan, it’s popular among buyers with credit scores as low as 580. And if cash is tight? Virginia has state-funded down payment grants that can cover thousands—some even cover closing costs. These aren’t loans you repay; they’re gifts if you stay in the home for a few years.
What’s missing from most online guides? Real examples. Like the nurse in Richmond who got $10,000 from the Virginia Housing Development Authority to cover her down payment. Or the veteran in Norfolk who closed on a home with $0 out of pocket using a VA loan plus a local grant. These aren’t rare cases—they’re everyday outcomes for people who know where to look. You don’t need a high salary or perfect credit. You just need to know what’s available and how to apply.
Below, you’ll find real guides that break down exactly how much cash you need, which programs you qualify for, how credit scores affect your options, and how to avoid common mistakes that delay closing. Whether you’re looking at a $200k townhouse in Alexandria or a $150k home in Roanoke, the tools and programs are there—you just need the right map.
Learn the exact steps, income limits, credit score thresholds, and documentation needed to qualify for Virginia's first‑time homebuyer programs.