How to Buy a House with No Money Down in Northern Virginia
- Johnny Sarkis
- Aug 13
- 2 min read
If you’ve been dreaming of owning a home but feel held back by the thought of saving for a large down payment, there’s great news—buying a house with little or no money down is not only possible, it’s more common than many realize. With the right programs and guidance, you can take a major step toward homeownership without waiting years to save.
Loan Programs That Require No Down Payment
Two of the most well-known no money down mortgage options are:
VA Loans – Available to eligible veterans, active-duty service members, and surviving spouses. VA loans allow you to finance 100% of your home’s purchase price, with no private mortgage insurance (PMI) required.
USDA Loans – Designed for qualified rural and suburban buyers, USDA loans also offer 100% financing and competitive interest rates.
First-Time Homebuyer Assistance
Even if you don’t qualify for VA or USDA loans, you may still be eligible for state and local down payment assistance programs. These grants and low-interest loans can cover part—or even all—of your upfront costs, including down payment and closing costs. In Northern Virginia, there are multiple programs available for qualifying buyers.
Steps to Get Started
Check Your Credit Score – Higher scores can help you qualify for better terms.
Gather Financial Documents – Proof of income, employment history, and tax returns.
Get Pre-Approved – This shows sellers you’re serious and ready to buy.
Work with a Local Expert – A knowledgeable Realtor can match you with the right program and property.
Buying a home with no money down can be a smart move if you’re financially ready for monthly mortgage payments and ongoing homeownership costs. By leveraging the right loan program and guidance from an experienced real estate professional, you can stop renting and start building equity sooner than you think.
To learn more about these programs and see if you qualify, contact Johnny Sarkis at 703-400-9660 (cell) or 703-357-9200 (office), Keller Williams Solutions.
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