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First-time buyer? No problem. Now until February 29, 2024, we're giving new homeowners $1,000 towards closing costs. You find your dream home, and we'll take care of the financing.

  • Choose from a wide variety of mortgage programs, including low down payment options.?
  • Save even more with our Welcome Home Discount, where the average member saves an additional $1,500 - $2,100.?
  • Get great rates and service from our team of experienced local home loan experts.

Your homeowner era is here.

Our local mortgage experts can help you find the right financing plan to make the most of your money.

  • Mortgage Resources

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  • How to Save for a Down Payment

    Buying your first home comes with costs you should budget for. Learn what upfront costs you'll need to save for and how to work towards owning your first house.

  • Are You Ready to Buy a Home?

    For first-time home buyers, owning a home can be intimidating. Your lease is coming to an end. Should you rent or buy?

  • What Are Closing Costs?

    Expenses, over and above the price of the property that buyers and sellers incur when they transfer ownership of a property.
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804-323-6800 VACU Routing Number 251082615
  • 1

    Virginia Credit Union is offering a $1,000 discount on closing costs on new mortgage loans for first-time home buyers subject to qualification and credit approval. This promotion is valid on new applications submitted between 10/01/2023 and 02/29/2024. The closing cost reduction will be limited to the lesser of $1,000 or lender closing costs and may not exceed maximum seller contribution limits set by program guidelines. Mortgage loan must close by 05/31/2024. This is not available for USDA or construction loan products. This offer can be used in conjunction with the Welcome Home Discount. It cannot be combined with any other promotion or discount and is subject to compliance with Virginia Credit Union's loan program guidelines. An individual is to be considered a first-time home buyer who (1) is purchasing the security property; (2) will reside in the security property as a principal residence; and (3) had no ownership interest (sole or joint) in a residential property during the three-year period preceding the date of the purchase of the security property. In addition, an individual who is a displaced homemaker or single parent also will be considered a first-time home buyer if he or she had no ownership interest in a principal residence (other than a joint ownership interest with a spouse) during the preceding three-year time period.

  • 2

    Mortgage application required. Certain restrictions, limits and other conditions apply.

  • 3

    While Virginia Credit Union members are free to select their own real estate brokerage and title insurance company in connection with their mortgage transaction, we offer our members a voluntary program that includes a discount at settlement equal to 0.60% of the loan amount up to a maximum of $12,000, not to exceed the lender closing costs. The average discount of $1,500 - $2,100 is based on loan amounts of $250,000 - $350,000. Specifically to qualify for the discount, they must be a Virginia Credit Union member and close their mortgage through Virginia Credit Union, use Virginia Statewide Title Services for title insurance, and use an agent from Joyner Fine Properties, LLC as their buyer’s agent. Discount void where prohibited. Certain restrictions apply. Not available in all areas.

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