With FHA Financing you can but with as little as 3.5% down.
If you are a Veteran or active duty military you may qualify for 100% Financing.
Finally, depending on where you are looking to buy in Virginia, you may be eligible for 100% USDA financing which is for the purchase of primary residences in Rural Development areas.
If you would like more details please feel free to contact me at your convenience. Thank you,
Elliott R. Oliva
Mortgage Banker | nmls #353884
Primary Residential Mortgage
Secondly, some lenders are opening up loan programs again for 10% down and am 80% first mortgage and a 10% second. That also avoids paying that PMI in the monthly payments.
Give me a call and I can help you find a mortgage professional that you can trust to give you some great financing options. I would also love to help you find your dream home! My father was a custom home builder and I grew up in this business, so I know houses. I also live in Goochland County, so I am familiar with the Oilville area. Looking foward in hearing from you soon.
Envision Real Estate, LC