When it comes to buying an Ashburn, VA house for the first time, there are many things to worry about during the entire process. The documentation, the realtor, the budget, it all boils down to money and finding the right loans can be an ordeal. But that is why Fairfax Mortgage Investments is there to help.
At Fairfax Mortgage Investments, we believe that we should only give the best kind of service to Ashburn, VA first time home buyers like you. Many first time home buyers over the years have attested that we are able to guide you through the process of finding a home as efficiently and quickly as possible. With many programs, grants, and loans to consider, we believe in finding the right package for you that works well.
Contact us today! We will have our team find the perfect kind of loan for you in no time.
Top Ashburn, VA First Time Home Buyer Loan Programs
Ashburn FHA Loans
FHA loans work well for Ashburn, VA first time home buyers. They allow them to get a loan with little down payment and closing costs with just as low interest rates. A popular type of loan, they offer protection from loss to lenders by the Federal Housing Administration.
Ashburn USDA Loans
USDA loans are funded by the US Department of Agriculture. For those looking for a home in the countryside, it gives them a loan with low interest at a fixed rate with no down payments. This is good for low income Ashburn, VA first time home buyers if they ever want to move to a rural area.
Ashburn VA Home Loans
VA home loans provide veterans, soldiers, and widows of soldiers with a loan just right for them. Funded by the US Department of Veterans Affairs, they give no down payment and low interest rates. This allows a certain class of Ashburn, VA first time home buyers to get the home of their dreams.
Ashburn FHA Section 203(k)
FHA Section 203(k) allows first time home buyers to buy a house in need of repairs in a single mortgage. This offers low interest rates and enough funds to fix up the house while keeping it a part of the mortgage. This is perfect for low income Ashburn, VA first time home buyers.
First Time Home Buyer Loan Assistance in Ashburn, VA
There are many programs, grants, and incentives to consider when it comes to buying an Ashburn, VA home for the first time. While the process can take months, we of Fairfax Mortgage Investments will guide you along the process. With our consultation, we can handle credit rescoring and credit enhancement, along with program applications.
How The First Time Home Buyer Loan Works for Ashburn, VA Residents
To buy an Ashburn, VA house for the first time, consider the pricing, housing costs, and closing costs and make a budget around the total. Then find a realtor and prepare important documentation, such as pay stubs, bank account statements, W-2s, tax returns for the past two years, statements from current loans and credit lines, and the names and addresses of landlords over the past two years. After that, let Fairfax Mortgage Investments handle everything else.