First-Time Home Buyer Loans in Norfolk, VA
You can do this — and there's more help than you think.
Work directly with Jodie Barber, a mortgage broker with 30 years of experience serving Norfolk and all of Norfolk City County.
Norfolk at a glance
Home of Naval Station Norfolk — the world's largest naval base and the #1 VA-loan demand engine in Virginia. Affordable median (~$315K) means $0-down VA financing routinely covers full price. THE flagship VA/military page for the state. Emphasize VA purchase for junior enlisted, VA IRRRL, and BAH-vs-buy content.
Serving Norfolk neighborhoods including Ghent, Larchmont, Ocean View, Colonial Place, East Beach, Freemason.
Why a first-time buyer program in Norfolk?
Anyone buying their first home (and many repeat buyers who qualify for the same programs).
- ✦Low- and no-down-payment loan options (FHA, VA, USDA, 3%-down conventional)
- ✦Down payment assistance programs that can cover most or all of your down payment
- ✦A step-by-step plan from pre-approval to keys
- ✦Straight answers, no pressure — 'homeownership is a partnership'
Virginia Housing Down Payment Assistance (DPA) Grant — 2% of purchase price (with a Virginia Housing Conventional first mortgage) or 2.5% (with a Virginia Housing FHA first mortgage). Qualified first-time homebuyer (no ownership in past 3 years) OR repeat buyer purchasing in an Area of Economic Opportunity; must use an eligible Virginia Housing bond first mortgage (Conventional or FHA); household income within Virginia Housing DPA income limits; within sales-price/loan limits; minimum 600 credit score; borrower brings at least 1% of purchase price from own funds/eligible gift. Cannot be combined with the Plus Second Mortgage or Closing Cost Assistance Grant.
First-Time Home Buyer Loans FAQ
- How much down payment do I actually need?
- Often far less than people expect — as little as $0 (VA/USDA) or 3–3.5% (conventional/FHA), and down payment assistance can reduce that further.
- What credit score do I need to buy a house?
- There's a program for a wide range of scores. Let's look at where you are today and build a simple plan to get you approved.
“Homeownership is a partnership.” Let's talk about your first-time buyer program in Norfolk. No pressure — just straight answers from someone who's done this for 30 years.