Looking for just the zero down home loan programs in Blacksburg, VA that fit your unique situation? Start your free personalized mortgage review by clicking here.
Popular Zero Down Loan Programs
Check out the most popular zero down loan programs in Blacksburg, VA
USDA Purchase Loan
Most PopularBest For: Zero Down, Easy Process
Home loans with up to 100% financing and lower mortgage insurance for low to moderate income homebuyers in eligible rural areas.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$806,500
Zero Down Options for Purchasing a Home
We searched our national mortgage program database to find all of the purchase home loan options specific to Blacksburg, VA:
VA Purchase Loan
Best For: Lowest Rates, Zero Down
VA purchase loan program with no down payment requirement, competitive interest rates, limited closing costs, and no private mortgage insurance.
Min. Credit Score
580
Min. Down Payment
0%
Max. Loan Amount
$806,500
USDA Purchase Loan
Best For: Zero Down, Easy Process
Home loans with up to 100% financing and lower mortgage insurance for low to moderate income homebuyers in eligible rural areas.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$806,500
VA High-Balance Purchase Loan
Best For: Large Loan Amounts, Zero Down
The VA high-balance mortgage (often called "VA Jumbo") is used for loans above the conforming limit—allowing homebuyers to maximize their VA benefits.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$1,500,000
Special Programs for Zero Down
These additional loan programs available in Blacksburg, VA may provide help for down payment and closing costs, qualification for borrowers who don't fit the traditional mold, and unique portfolio programs for special situations.
Virginia Housing VA Loan
Best For: First Time Homebuyers, Low Credit Scores, Zero Down
VA program for Virginia first time homebuyers with competitive interest rates and up to 2% in forgivable closing cost assistance.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$330,000 - $665,000
Virginia Housing Closing Cost Assistance Grant
Best For: First Time Homebuyers, Low Credit Scores, Zero Down
Virginia Housing's Closing Cost Assistance (CCA) Grant gives up to 2% in additional funds to reduce out-of-pocket expenses for first time homebuyers.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$665,000
Up to 2.00% of 1st Loan Amount Program Benefit Amount
Virginia Housing Down Payment Grant - Conventional
Best For: First Time Homebuyers, Zero Down
Virginia Housing's Down Payment Assistance (DPA) grant provides qualified first time homebuyers with up to 2% of the purchase price or value.
Min. Credit Score
640
Min. Down Payment
1%
Max. Loan Amount
$665,000
Up to 2.00% of 1st Loan Amount Program Benefit Amount
Virginia Housing Plus Second Mortgage Conventional
Best For: First Time Homebuyers, Low Credit Scores, Zero Down
The Virginia Housing Plus Second Mortgage can provide up to 4.5% in additional funds that can be used as down payment and/or closing cost assistance.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$665,000
Up to 4.50% of 1st Loan Amount Program Benefit Amount
Virginia Housing Down Payment Grant - FHA
Best For: First Time Homebuyers, Zero Down
Virginia Housing's Down Payment Assistance (DPA) grant provides qualified first time homebuyers with up to 2.5% of the purchase price or value.
Min. Credit Score
620
Min. Down Payment
1%
Max. Loan Amount
$665,000
Up to 2.50% of 1st Loan Amount Program Benefit Amount
* Some loan programs may not be offered by all featured lenders of ReviewMyMortgage.com and qualification guidelines may vary between them. Our team makes their best effort to keep loan program information up to date. Loan programs may change without warning. ReviewMyMortgage.com does not guarantee or offer any loan products. ReviewMyMortgage.com is strictly an educational resource hub for consumers.
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