Buying a home in Virginia is one of the most exciting — and biggest — financial decisions you’ll make. Luckily, Virginia offers a variety of homebuyer and homeowner programs designed to make the process easier, more affordable, and more accessible.
At RichEstates.Homes, we don’t just help you find the perfect property — we also guide you through the programs that can save you thousands of dollars. Here’s a breakdown of the most valuable programs available in 2025.
1. Virginia Housing First-Time Homebuyer Programs
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Virginia Housing (VHDA) Loans: Offers low-interest mortgage options with reduced down payments.
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Down Payment Assistance (DPA) Grant: Provides eligible first-time buyers with funds to cover part of the down payment, helping you secure a home with less out-of-pocket expense.
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Mortgage Credit Certificate (MCC): A federal tax credit that allows buyers to claim part of their mortgage interest as a direct tax reduction each year.
2. Closing Cost Assistance in Virginia
Many buyers are surprised by how quickly closing costs add up. Virginia Housing offers programs that can help cover these expenses, ensuring more buyers can qualify and close with confidence.
3. Homeownership Programs for Veterans
Virginia honors its veterans with special home loan benefits, including reduced interest rates, no down payment requirements, and unique financing options for qualified military buyers.
4. Energy Efficiency & Renovation Loans
Looking to update your home? Virginia programs also provide financing options for energy-efficient upgrades and renovations, helping homeowners boost property value while saving on utility bills.
5. Local Assistance Programs
In addition to statewide support, several counties and cities in Northern Virginia offer their own programs:
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Alexandria Homeownership Assistance Program (AHOP) – Down payment and closing cost support for first-time buyers.
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Arlington’s Moderate Income Purchase Assistance Program (MIPAP) – Helps eligible buyers with shared equity loans.
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Fairfax County First-Time Homebuyer Program – Special listings and purchase options for qualified families.
Why These Programs Matter in 2025
With home prices in Northern Virginia still rising, these programs can be the difference between waiting and buying now. Sellers also benefit — when buyers have access to assistance, more qualified offers come in, making homes sell faster.
How Rich Estates Helps
We specialize in more than just buying and selling — we guide you step-by-step through qualifying for these Virginia programs so you can take advantage of every benefit available.
👉 Contact Rich Estates Today to see which program fits your situation.
👉 Use our trusted lender's mortgage calculator to see how much you can afford. https://movement.com/lo/dave-walczak/affordability-calculator
🍒 Cherry on Top: Builder Covers Most Closing Costs on New Construction Homes in Virginia.
