Virginia Mortgage Guides 2026
FHA limits by county, Virginia Housing down payment assistance grants, USDA rural loans, VA resources for Naval Station Norfolk, Joint Base Langley-Eustis, and Quantico-area veterans, and a complete closing cost breakdown — all in one place. Virginia’s 2026 FHA limits run from $541,287 in much of the state to $1,249,125 in Northern Virginia, so the right loan program often depends on where in the state you’re buying.
Everything You Need for a Virginia Home Purchase
Six in-depth guides covering every aspect of getting a mortgage in Virginia — from loan program selection to what you’ll pay at closing. Whether you’re purchasing near Naval Station Norfolk in Hampton Roads, in the Richmond metro, or in Northern Virginia’s competitive market near Washington, D.C., these guides break down the programs, requirements, and costs specific to your part of Virginia.
Virginia Mortgage Guide
Mortgage options, rates, lender requirements, and strategies across Virginia — from Northern VA’s DC suburbs to Hampton Roads and beyond.
Read guide →Virginia First-Time Home Buyer Guide
Virginia Housing DPA Grant and Plus Second Mortgage — programs for Virginia first-time buyers.
Read guide →Virginia FHA Loan Requirements
2026 FHA limits for Northern Virginia ($1,249,125), Hampton Roads ($757,850), Richmond ($707,250), and all other Virginia jurisdictions.
Read guide →Virginia VA Loan Requirements
VA entitlement, 2026 funding fee chart, and resources for Naval Station Norfolk, Joint Base Langley-Eustis, Quantico, Fort Lee, and VA veterans statewide.
Read guide →Virginia USDA Loans
FY2026 USDA income limits, eligible areas in Southwest Virginia, Shenandoah Valley, Northern Neck, Eastern Shore, and rural Southside Virginia.
Read guide →Virginia Closing Costs Guide
Grantor’s tax, deed of trust recordation tax, title insurance, settlement fees, and strategies to reduce your costs at closing in Virginia.
Read guide →Virginia Mortgage Snapshot
2026 FHA Loan Limits
- Northern Virginia (Fairfax/Arlington/Loudoun/PW): $1,249,125
- Hampton Roads (VA Beach/Norfolk/Chesapeake): $757,850
- Richmond / Chesterfield / Henrico: $707,250
- Albemarle / Charlottesville / Fluvanna: $598,000
- All other VA counties/cities: $541,287
- Confirm your county at HUD’s FHA mortgage limits lookup
Down Payment Assistance
- Virginia Housing Grant: 2–2.5% grant (no repayment)
- Virginia Housing Plus Second: up to 5% (FHA), a fully amortizing second mortgage
- Mortgage Credit Certificate: suspended since May 1, 2023
- Min credit score: 620 FHA and VA; 640 conventional
- Current terms at Virginia Housing
Property Taxes
- Property taxes assessed at the city or county level
- Independent cities in Virginia set their own separate rates
- Fairfax County est. effective rate: 1.01% (Census ACS 2020–2024)
- Rural Appalachian counties may be significantly lower
Closing Cost Estimates
- Closing costs typically run 2%–5% of the purchase price, per the CFPB
- State recordation tax: $0.25 per $100 (Va. Code §58.1-803); localities may add a tax equal to one-third of the state tax
- Grantor’s tax: $0.50 per $500 of price (Va. Code §58.1-802), plus regional fees in some areas
Buying or Refinancing in Virginia?
Virginia Housing offers a down payment grant and a Plus Second Mortgage, and 2026 FHA limits run from $541,287 to $1,249,125 depending on where you buy. A licensed Virginia mortgage advisor can help you navigate all of it.
- ✓ Compare Virginia Housing Grant vs. FHA for your situation
- ✓ Understand deed of trust recordation taxes and grantor’s tax
- ✓ Check VA vs. Virginia Housing options for military and veterans
- ✓ Estimate total cash needed including escrow reserves
No obligation · Educational first
Talk to a Virginia Mortgage Advisor
Have questions about buying or refinancing in Virginia? A licensed mortgage advisor can walk you through your loan options, assistance programs and costs, with no obligation.
Speak to a Mortgage Advisor