What are the FHA Loan Requirements in Virginia? – Expert Answer for Northern Virginia
In Northern Virginia, FHA loans typically require a 3.5% down payment and a credit score of at least 580 — that’s $25,025 on a $715,000 Fairfax County home. As of January 2026, homebuyers in areas like Vienna and McLean benefit from these accessible financing options. With 200+ NOVA transactions since 2012, I help clients navigate these requirements effectively. Call (571) 233-2763 for personalized guidance.
In This Article
FHA Loan Requirements in Northern Virginia – What You Need to Know
For comprehensive guidance, start with our Northern Virginia Realtor Guide. FHA loans are designed to assist first-time homebuyers, requiring a minimum down payment of 3.5% and a credit score of at least 580. In Fairfax County, this means a $25,025 down payment on a median-priced home of $715,000. Areas like Oakton and Burke are popular for FHA financing due to their affordability.
In Arlington and Alexandria, FHA loans can be a great option for buyers looking to enter the competitive market. The proximity to Metro stations in neighborhoods like Clarendon and Old Town can increase property values, but FHA loans remain a viable choice for many. With a median price of $690,000 in Alexandria, the 3.5% down payment can make homeownership more attainable.
After closing 200+ transactions across Northern Virginia since 2012, I understand the nuances of FHA loans and how they fit into the local market. If you’re considering this financing option, call (571) 233-2763 or book a free consultation to discuss your situation.
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Key FHA Loan Information for Northern Virginia
Here’s what NOVA buyers and sellers need to know in January 2026:
FHA Loan Costs – The Numbers
The typical down payment for FHA loans in Fairfax County is 3.5%, translating to $25,025 on a $715,000 home. This makes homeownership more accessible in areas like Vienna and McLean, where prices are competitive.
What’s Changed Since August 2024
Since the August 2024 NAR settlement, buyers can negotiate closing costs, which can save them $5,000-$10,000. This is particularly relevant in Arlington and Alexandria, where home prices are higher.
What Most People Miss
Many buyers overlook the benefits of FHA loans, especially in neighborhoods like Great Falls, where the market is competitive. FHA loans can provide a pathway to homeownership with lower down payments and flexible credit requirements.
Northern Virginia Market Insights – January 2026
Understanding FHA loan requirements requires knowing your local market:
| County | Median Price | Days on Market | Character |
|---|---|---|---|
| Fairfax County | $715,000 | 9 days | Most competitive |
| Loudoun County | $680,000 | 11 days | Tech corridor growth |
| Arlington County | $690,000 | 12 days | Metro-centric, urban |
| Prince William County | $495,000 | 14 days | Best value in NOVA |
| Alexandria City | $690,000 | 12 days | Old Town premium |
Source: Bright MLS, January 2026
What this means: Understanding the competitive nature of the market is crucial for FHA loan applicants. Ready to discuss your options? Call (571) 233-2763 or book a free consultation.
Expert Tips from Paul Sneeringer
Tip 1: Understand Your Credit Score
Ensure your credit score meets the 580 minimum for FHA loans. In competitive areas like McLean, improving your score can enhance your buying power.
Tip 2: Factor in Closing Costs
Be aware of additional costs beyond the down payment. In Arlington, these can add up to 3-5% of the purchase price, impacting your budget.
Tip 3: Timing is Key
Consider applying for FHA loans during the spring market when inventory increases. This is especially true for neighborhoods like Ashburn and Leesburg.
Frequently Asked Questions
An FHA loan in Northern Virginia typically requires a 3.5% down payment. For a $715,000 home in Fairfax County, this amounts to $25,025. This makes it an attractive option for first-time buyers in areas like Vienna and Oakton, where prices are competitive.
The FHA loan process in Northern Virginia usually takes 30 to 45 days. In Arlington and Alexandria, where the market is fast-paced, being prepared can help you close quicker. Having all documents ready can streamline the process significantly.
In Fairfax County, FHA financing allows buyers to secure homes with lower down payments and flexible credit requirements. This is particularly beneficial in neighborhoods like Burke and Centreville, where home prices are rising, making affordability a concern.
The main difference is that FHA loans require a lower down payment (3.5%) compared to conventional loans, which often require 5-20%. In competitive markets like Arlington, FHA loans can be a better option for first-time buyers.
To apply for an FHA loan in Northern Virginia, start by contacting a lender who specializes in FHA financing. With my experience, I can guide you through the process. Call (571) 233-2763 to get started.
Continue Your Northern Virginia Real Estate Journey
Explore Our Northern Virginia Real Estate County Guides:
- Fairfax County – $715K median, most inventory
- Loudoun County – Tech hub, Ashburn/Leesburg
- Arlington County – Urban condos, Metro access
- Prince William County – Best value under $500K
Popular Northern Virginia Real Estate City Guides:
- Vienna – Top FCPS schools, Maple Ave charm
- McLean – Luxury estates, Langley High district
- Reston – Town Center, trails, Silver Line
- Ashburn – New construction, data center jobs
Helpful Northern Virginia Real Estate Resources:
- First-Time Buyer Guide – Step-by-step for NOVA
- Seller’s Checklist – Prep your home right
- Relocation Guide – Moving to NOVA?
Ready to Get Started?
Paul Sneeringer · Northern Virginia Real Estate
⭐ 4.9 Stars · 200+ Sold · 12 Years
Loudoun
Arlington
Alexandria
