Your First Home Awaits in Virginia
Navigate the exciting journey of homeownership with expert guidance and discover the financial assistance programs that can make your dream home a reality.
First-Time Homebuyer Guide
Understanding the Process
From pre-approval to closing, we’ll guide you through each step of the homebuying journey with clarity and confidence.
Financial Planning
Learn about down payments, closing costs, and monthly budgeting to ensure you’re financially prepared for homeownership.
Documentation Ready
Get organized with our comprehensive checklist of documents you’ll need for mortgage pre-approval and closing.
Virginia Financial Assistance Programs
🎯 You May Qualify for Significant Savings!
Virginia offers numerous programs to help first-time buyers achieve homeownership with reduced costs and favorable terms.
Virginia Housing Development Authority (VHDA)
- • Low down payment options: As little as 2.5% down
- • Competitive interest rates: Often below market rates
- • Down payment assistance: Up to $15,000 in grants
- • No prepayment penalties: Pay off early without fees
- • Income limits apply: Varies by area and family size
FHA Loans
- • Low down payment: Just 3.5% down
- • Flexible credit requirements: Credit scores as low as 580
- • Gift funds allowed: Family can help with down payment
- • Assumable loans: Transfer to future buyers
- • Mortgage insurance: Required but competitive rates
VA Loans (Veterans)
- • Zero down payment: 100% financing available
- • No mortgage insurance: Significant monthly savings
- • Competitive rates: Often the best available
- • Reusable benefit: Use multiple times
- • No prepayment penalties: Pay off anytime
USDA Rural Development
- • Zero down payment: 100% financing in eligible areas
- • Below-market rates: Subsidized interest rates
- • Flexible credit: Manual underwriting available
- • Rural and suburban: Many VA areas qualify
- • Income limits: Based on area median income
Local Fredericksburg Area Programs
City of Fredericksburg
First-time homebuyer assistance programs with down payment help and favorable loan terms for qualifying residents.
Stafford County
Housing assistance programs for moderate-income families, including down payment assistance and closing cost help.
Why Choose Jay Parrish?
Local Expert
Deep knowledge of Fredericksburg and surrounding areas, including the best neighborhoods for first-time buyers.
Program Specialist
Extensive experience with Virginia assistance programs and connections with preferred lenders.
Digital Advantage
As a Digital Marketing Manager, I use the latest technology to find you the perfect home efficiently.
Ready to Take the Next Step?
What Happens Next:
- 1. Initial Consultation: We’ll discuss your goals, timeline, and budget
- 2. Program Evaluation: Determine which assistance programs you qualify for
- 3. Lender Connections: Get pre-approved with our trusted mortgage partners
- 4. Home Search: Find properties that meet your needs and budget
- 5. Negotiation & Closing: Secure the best deal and guide you to the finish line
Free Resources:
- • Home Value Calculator: Find out what your current home is worth
- • Mobile App: Search listings on the go
- • Market Reports: Stay informed about local trends
- • Buyer’s Guide: Comprehensive homebuying checklist
- • Lender Referrals: Trusted mortgage professionals
Ready to Make Your Move?
Fill out the form below and I’ll contact you within 24 hours to discuss your homebuying goals and the assistance programs available to you.
📧 Demo Form Notice:
This is a demonstration form. In a live website, submissions would be sent to jay.parrish@movetofred.com
