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Virginia First Time Home Buyer Programs                                                                                                  

Virginia first time home buyer programs are my focus. Below are several Virginia first time home buyer programs. Many Virginia first time home buyer programs allow more debt than "conventional" loans making your dream of homeownership possible. Email Virginia first time home buyer programs questions
  1. Virginia FHA First Time Home Buyer Programs – Often the best choice in Virginia first time home buyer programs.
  2. Aggressive Virginia First Time Home Buyer Programs - FHA clone but allows 3% down payment to $417,000
  3. Neighborhood Advantage Virginia First Time Home Buyer Programs – 100% Financing. Requires good credit and has some income restrictions. 
  4. No down payment Virginia First Time Home Buyer Programs- Virginia first time home buyer programs allows 100% financing.
  5. Nehemiah Foundation Virginia First Time Home Buyer Programs – No down payment program. Standard FHA underwriting guidelines.
  6. Nehemiah Conventional Virginia First Time Home Buyer Programs - Higher loan limits. 102% financing 1% down payment. 
  7. VA –100% to $417,000 including VA Funding Fee. 
  8. 80/20 –No money down combination Virginia first time home buyer programs. 
  9. CreditFlex 97 – 97% LTV requires 1% cash. Remaining funds may be gift/loan with closing costs financed. 
  10. Purchase Power Loan – 97% LTV to $417,000. Down payment from any source. 
  11. Homebuyer's 107% LTV - 107% LTV. Purchase or refinance and finance the sales price, closing costs, and reduce your consumer debt all in one loan
  12. 103% LTV Program 30 year fixed rate or 7 year ARM program finances sales price and closing costs.
  13. No Documentation Loan - 90% LTV. Allows borrower with difficult to verify income or employment to avoid documentation hassles. 
  14. Combination financing - to 95% combined LTV. Referred to as 80/15/5 or 80/10/10.
  15. Teacher-Flex - Special program for Virginia teachers and school employees

I am seeing more Virginia first time home buyers evaluating an interest only approach to help you qualify for a larger loan or to reduce your payment.

I have a page on how to calculate first time home buyer mortgage qualification ratios.

I have a page on first time home buyer mortgage documentation requirements. I also have a Free report "Buying your First Home" available to you by email.

Learn more about other first time home buyer programs in the Mortgage Library

Here is a short PowerPoint presentation on the home buying process for the Virginia first time home buyer

The gives you an idea of the variety of low down payment products. Please let me know your situation and I will prequalify you for several first time home buyer programs.

Learn more about investing

I have an article "Buying your home in 2008" by email explaining negotiating strategy in today's market.

As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your debt is structured today can have a life changing effect in the years to come.  Read more about this free, no obligation service.

Virginia First Time Homebuyer ProgramsPrequalify for your Virginia First Time Home Buyer Programs. 


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Extensive consumer information on construction,remodeling, first time homebuyer,and no documentation mortgages.