Home Loans at Virginia Credit Union
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First-Time Home Buyers

You’re ready to buy your first home, but where do you start? We know first-time buyers. We’ll walk you through every step of the process and help you find the right home loan for you.

Limited-time offer


off closing costs when you finance with us!?

Welcome Home Discount


Average savings with our Welcome Home Discount.?

Up to


in down payment assistance with VACU First-Time Home Grant.?

We make it easy for first-time buyers

 Our local mortgage experts know first-time buyers and are here to help you find your first home.

 With competitive rates and flexible terms, we have everything you need all under one roof.

 Discover low down payment options for first-time buyers, like FHA loans.

 Get fast and free pre-qualifications, letting sellers and real estate agents know you’re serious about buying.

 Grants like our VACU First-Time Home Grant to help cover down payments, closing costs, and more for qualified buyers.

 Lock in your interest rate for up to 360 days, and shop with less pressure.

FHA Loan

Rates as low as


Good option for first-time buyers with a down payment as low as 3.5%.

Conventional Fixed Rate Mortgage

Rates as low as


Good option if you want a consistent payment for the life of the loan.

Conventional Adjustable Rate Mortgage (ARM)

Rates as low as


Good option to get a competitive rate for up to 10 years.

Buy your first home in 4 simple steps

Step 1
Get pre-qualified.
  • First things first, you should talk to a mortgage loan officer about your goals, timelines, finances, and different mortgage options.
  • From there, our mortgage loan officers can help you get pre-qualified to show sellers and REALTORS® that you’re ready to buy. Plus, by obtaining your pre-qualification, you’ll be able to see what you can realistically afford. 
  • Your pre-qualification is valid for 90 days.
Step 2
Start shopping, find the right home, and apply!
  • If you haven’t already, contact a REALTOR® to help you find your right home. Consider a REALTOR® from Joyner Fine Properties to unlock potential savings at closing with our Welcome Home Discount. 
  • Shop with less pressure with our Lock & Shop program and lock in your interest rate for up to 360 days. 
  • Once you find the right home, make an offer! 
  • Once your offer has been accepted, you’ll need to complete the required inspections and appraisal, something your REALTOR® will help set up.
Step 3
Final touches.
  • Together with your REALTOR® and mortgage team, you’ll put the final touches on your mortgage. Consider locking in your rate at this point, protecting yourself from rising interest rates. 
  • Next, you’ll sign disclosures, which will give you a ballpark estimate of your closing costs. 
  • You’ll also need to obtain homeowner’s insurance. Consider Virginia CU Insurance Services.
  • While the loan processor is putting the final touches on your documents, they might reach out with questions or requests for additional documentation. 
Step 4
Get your keys!
  • Once final approval for your home loan is issued, your loan will be prepared for closing by our team. 
  • Together with your REALTOR®, you’ll do a final inspection and walkthrough. 
  • Before getting the keys, you’ll work with a closing attorney to sign and finalize the closing documents and provide funds for closing. 
  • Virginia Statewide Title Services can help you find a closing attorney and title insurance, if needed.
The front porch of a house

Welcome Home Discount

Go all in with us for an average discount of $1,500-$2,100 at closing with our Welcome Home Discount!? If you get your home loan with us, use a REALTOR® from Joyner Fine Properties as your buyer's agent, and use Virginia Statewide Title Services for your title insurance, you could qualify!

A mortgage loan officer helping a member

Mortgage Loan Officers

Whether you’re looking to buy or refinance, we have a team of local mortgage loan officers ready to help.

Refinance your mortgage.

Consider refinancing your current mortgage to get more for your money.