Find First-Time Home Buyer Specialists in Virginia Beach, VA
Browse first-time home buyer specialists serving Virginia Beach, Virginia. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Virginia before hiring.
Showing 20 first-time home buyer specialists in Virginia Beach, VA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a First-Time Home Buyer Specialist in Virginia Beach Cost?
Typical costs for a first-time home buyer specialist in Virginia include a real estate agent commission usually paid by the seller ranging from 2.5 to 3 percent of the sale price. Mortgage origination fees often range from 0.5 to 1 percent of the loan amount. Closing costs in Virginia Beach average 2 to 5 percent of the purchase price. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is a first-time home buyer specialist in Virginia Beach?
A first-time home buyer specialist is a real estate agent or mortgage professional who focuses on helping buyers who have never owned a home. They know Virginia specific programs like the Virginia Housing Down Payment Assistance grant. They also understand local Virginia Beach market trends and inspection requirements.
What Virginia programs help first-time home buyers in Virginia Beach?
Virginia Housing offers a First Home program with a 30 year fixed rate mortgage and down payment assistance up to 5 percent of the loan. The Virginia Beach Community Development Department also provides the HOME Down Payment Assistance Program for eligible buyers. These programs require a home buyer education class approved by Virginia Housing.
How do I qualify for first-time home buyer assistance in Virginia?
You must not have owned a home in the past three years. Your income must be below Virginia Housing limits which vary by household size and location. You also need a minimum credit score of 640 for most Virginia Housing programs and must complete a Virginia Housing approved education course.