Buying a Home With No Money Down in Virginia might be easier than you think. One hundred percent financing is still alive and well.
I recently read an article from CNN Money, "Prices are low, Mortgages cheap, but you can't get one". The article went on to state that the "rich" are buying homes because they are the ones with a 20% downpayment. I completely disagree even with tighter guidelines first time home buyers in Virginia can buy a home with no money down.
The article also stated, "people are not applying for mortgages because it's very difficult". This maybe true, but working with an experienced loan officer in Woodbridge, VA to guide you through the process is key. If you are a first time homebuyer in Virginia contact me for a free credit and budget consultation, even if you have one or two blemishes on your credit we can help you STOP paying RENT.
In conclusion buying a home with no money down in Virginia maybe easier than you think. Call your Woodbridge FHA Lender at 703-497-3936 to give it a try.