Steps To Buying A House In Virginia May 2026

Pairs a first mortgage with a second one (3–5% of the price) to cover the down payment.

Most state assistance programs require completing a free Virginia Housing homebuyer class . 3. Home Search & Professional Support Virginia home buying checklist: Please help me create one! steps to buying a house in virginia

Aim for a credit score of at least 620 for conventional loans. FHA loans may allow scores as low as 500 with a higher down payment (10%). Pairs a first mortgage with a second one