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Steps to Homeownership

Homeownership Education

Before you look at houses to buy, your first steps should be:

  • Attending VHDA's free Homeownership class.
  • Finding out what you need to know about your personal finances.
  • Learning how to create a personal spending plan that works for you and your goals.

PDF Icon Household Spending Plan

Role of the Lender

This is the second step in your goal to buy a home and includes:

  • Choosing a lender to help you in applying for a mortgage loan.
  • Understanding why pre-approval of your loan is a critical part of the process.

PDF Icon Mortgage Loan Application

Working With Your Real Estate Agent

Your next step, choosing a real estate professional to help your home search, includes:

  • Learning how to pick the right agent to work with you.
  • Working with your agent to find the house that best fits your needs and price range.

PDF Icon Housing Priorities Worksheet
PDF Icon House Evaluation Worksheet

Getting a Home Inspection

It's difficult to stay objective and unemotional about the house you really want, and this can affect your judgement. A professional home inspection provides the most accurate information about the condition of a house, so you'll know if you still want to buy it.

Closing Your Mortgage Loan

Your last step, the official signing of the papers that finalizes the deal, is:

  • Understanding your options in choosing a professional to close your loan.
  • Knowing what legal documents are involved in the closing.

PDF Icon Deed of Trust
PDF Icon Note
PDF Icon Settlement Statement


NOTE: You will need Adobe’s Acrobat Reader (.pdf), Microsoft Word Viewer (.doc), Microsoft Power Point Viewer (.ppt), or Microsoft Excel Viewer (.xls) in order to view some of the documents on this page.

Contact Us

Homebuyer Department

Toll Free: 800-227-8432
Local: 804-783-6725
Note: In order to protect your privacy, please do not send confidential personal information or sensitive materials through this form. VHDA is not responsible for the security and/or confidentiality of personal information submitted via this form.

Customer Service

Toll Free: 877-VHDA-123
Local: 804-782-1986


Virginia Relay

In Virginia: 711
Toll Free: 800-828-1140


VHDA Fraud, Waste or Abuse Hotline

Phone: 804-915-3146
Website: Reporting Fraud, Waste or Abuse