No money down
For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!
Virginia USDA Loans
My state-specific information
Eligibility Requirements – Virginia
Looking to buy a home in Virginia? A USDA loan might be just the thing for you. USDA loans require no down payment, no qualifying assets, and there’s no maximum loan amount. Plus, fixed interest rates mean that payments won’t increase over time. The average household income limit for a family of 1-4 in Virginia is about $119,850 a year, and can be as high as $202,700 for families of 5 or more. To find out more, fill out the form above and one of our loan specialists will follow up with you.
This map shows the areas of Virginia eligible for USDA loans. For more information on qualifying areas, head to the USDA property eligibility screen.
Virginia USDA Income Limits (Moderate Income – Guaranteed Loan)
Most areas of Virginia follow the standard USDA income limit. Select metro areas and Northern Virginia have higher limits.
| Area | 1–4 Person | 5+ Person |
|---|---|---|
| Standard Virginia Limit (Most Counties & MSAs) | $119,850 | $158,250 |
| Blacksburg–Christiansburg–Radford, VA HUD Metro FMR Area | $126,050 | $166,400 |
| Caroline County, VA | $124,400 | $164,250 |
| Rappahannock County, VA HUD Metro FMR Area | $124,550 | $164,450 |
| Winchester, VA–WV MSA | $130,100 | $171,750 |
| Richmond, VA HUD Metro FMR Area | $130,550 | $172,350 |
| Culpeper County, VA HUD Metro FMR Area | $132,400 | $174,800 |
| Orange County, VA | $134,000 | $176,850 |
| Charlottesville, VA MSA | $144,700 | $191,050 |
| King George County, VA | $149,800 | $197,750 |
| Washington–Arlington–Alexandria, DC–VA–MD HUD Metro FMR Area (Northern Virginia) | $153,550 | $202,700 |
| Virginia Beach–Norfolk–Newport News, VA–NC HUD Metro FMR Area | $122,500 | $161,700 |
USDA income limits in Virginia are based on total household income and household size. This includes income from all adult household members, not just the borrower.
If your total qualifying household income is within the limit for your area and household size, you may be eligible for a USDA Guaranteed loan with 100% financing (no down payment required).
Check Your Virginia USDA Eligibility
USDA loans are available in eligible rural and suburban areas throughout Virginia. We can quickly:
- Verify your household income eligibility
- Confirm the property is in a USDA-eligible location
- Provide a fast payment estimate and next steps
Income limits shown are for USDA Guaranteed loans and may change annually. Final eligibility depends on verified household income, household size, and USDA program guidelines.
- NO down payment – Finance 100% of your home
- NO maximum loan amount in Virginia.
- NO assets needed to qualify
- Flexible credit guidelines
- Competitive, fixed interest rates so payments do not increase
- USDA Loans are for new and existing properties
Start your Virginia USDA home loan now! Just fill out this quick form to get started & a USDA loan specialist will contact you with your options.
What areas are eligible?
USDA Eligibility Map – Virginia
USDA Home Loan Features
Great interest rates
USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.
Need a 620 credit score
USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.
Affordable 30 year terms
USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.
Roll in your closing costs
A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.
Apply today
Start your USDA Loan now! It only takes 30 seconds to see if you qualify.
New Applicants: For questions about a mortgage application currently in process, please reach out to your Mortgage Loan Officer. If you are not sure who your Mortgage Loan Officer is, please email our Mortgage Help Desk at mortgagehelpdesk@magnoliabank.com. Customer Feedback: For complaints or to provide feedback, please email complaints@magnoliabank.com.
This communication does not constitute a commitment to lend or the guarantee of a special interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval.
