Virginia mortgage guide

Down payment assistance is worth asking about. It is not automatic.

Some Virginia buyers may qualify for assistance, but every program has rules. Income, credit, property type, location, first-time-buyer status, available funds, and the loan program can all matter.

What assistance can help with

Depending on the program, assistance may help with a down payment, closing costs, or both. Some programs are grants, while others are repayable or deferred second mortgages. The details matter.

What we will look at

• Whether you may meet the eligibility basics for available programs.
• How assistance changes your payment and cash needed at closing.
• Whether using assistance is better than another route for your particular purchase.

The honest answer

Not every buyer qualifies, and a program is not automatically the best choice just because it offers help upfront. I will tell you what is available to explore and whether it actually makes sense for you.