When it comes time to buying a house for the very first time, the process can be exceedingly stressful. With your budget at an all time low, how can you find the best deal there is? Fairfax Mortgage Investments has the answer to that! We will help you find the right loan package that you need to buy the house.
Since our founding in 1990, we have dedicated our efforts to helping Woodbridge, VA first time home buyers like you find the right loan package to take. We offer you various loans to choose from and list their benefits, making sure that you get the best deal out of it. Once that’s done, you can let Fairfax Mortgage Investments do the rest!
Contact us on our phone or website today! A first rate loan to take is right around the corner!
Top Woodbridge, VA First Time Home Buyer Loan Programs
Woodbridge FHA Loans
FHA loans allow Woodbridge, VA first time home buyers to get the home they want at an affordable cost. These loans have lower closing costs and down payments compared to other loans. They also have competitive interest rates.
Woodbridge USDA Loans
USDA loans can get you a home in the countryside. They offer no down payments and low interest rates that are fixed compared to other loans. This is good for Woodbridge, VA first time home buyers with low income.
Woodbridge VA Home Loans
VA home loans are backed by the Department of Veterans Affairs and allow military personnel to get the home they want. They have no down payments and low interest rates. VA home loans are perfect for veterans, soldiers, and their widows.
Woodbridge FHA Section 203(k)
FHA Section 203(k) allows you to buy a house that is in dire need of repairs with just a single mortgage. Like a regular FHA loan, they offer lower closing costs and down payments. These loans are good for Woodbridge, VA first time home buyers.
First Time Home Buyer Loan Assistance in Woodbridge, VA
At Fairfax Mortgage Investments, we offer assistance to Woodbridge, VA first time home buyers for choosing the right loan package for them. We are able to guide you through the process while doing your paperwork for you, leaving you with less to worry about. Our team has done everything from credit rescoring and credit enhancing to program applications.
How The First Time Home Buyer Loan Works for Woodbridge, VA Residents
Begin by budgeting for the house you want, taking in the closing costs, housing costs such as taxes and home insurance, and the cost of the home you want. After that, meet with a realtor with the proper documentation, such as pay stubs, bank account statements, W-2s, tax returns over the last two years, statements from current loan and credit lines, and the names and addresses of previous landlords you have had over the past two years. We of Fairfax Mortgage Investments can then help you with everything else.