There is a program for Loudoun County teachers, administrators, court employees and others that are employed by Loudoun County where the county will give you a grant to assist you in purchasing your home. Yes, there are restrictions that apply. You must work for the county, be a first time buyer or new resident to Loudoun. This is grant that has to be paid back unless you stay in the home for 5 years. The grant is forgiven in increments of 20% per year, meaning that if you leave Loudoun in three years then you have paid back 60%. The remaining balance will be a very low interest loan for the remaining 40%.
I have helped folks get this deal and am ready to assist you too! First come first serve on this money so give me a call or email me. The amounts are as follows: $5,000 for a home in Loudoun County. $15,000 for a bank owned home in Loudoun. $25,000 for specific homes in Loudoun. (and most of these are horrible so don't count on the $25K) I did get a teacher the $15,000 deal. The money can be used for closing costs and to pay down your new mortgage. Paperwork, of course, is needed but I will work with you to accomplish this task.
Combine this with the $8,000 for a new home by April and you can get up to $23,000 towards your new home. Call or email for more details. Yes, I will want to sit with you to discuss this. There is a pamphlet I will give you when we meet. Thanks and I look forward to meeting with you. BTW... the meeting is no cost or obligation. Buck Simpson