RICHMOND, VA HOMEBUYER RESOURCE
Buying a Home in Richmond, Virginia
Practical mortgage preparation and homebuying guidance for buyers exploring Richmond and surrounding communities.
Apply Now →Buying a home in Richmond
Start with a budget that reflects the complete cost of owning a home in Richmond, not only the principal-and-interest payment. Property taxes, homeowners insurance, possible mortgage insurance, HOA dues, utilities and maintenance can change the amount that feels comfortable.
Prepare before you tour homes
Review your credit, organize income and asset documentation, estimate the cash you want to use for the purchase and explore financing before you make an offer. A preapproval can help you understand your financing position, but final approval remains subject to underwriting and property requirements.
Compare loan paths
Depending on eligibility and the property, buyers may explore conventional, FHA, VA and other mortgage options. The right fit depends on your financial profile, goals and applicable program requirements.
Your Richmond homebuyer next steps
Use the mortgage calculator to test purchase-price and payment scenarios, read the Virginia homebuyer guide, then continue to the application when you are ready to discuss your specific financing options. Explore the Virginia guide →