Homebuying Guide for First Responders in the Roanoke Valley

Short answer: Police officers, firefighters, EMTs, and other first responders in the Roanoke Valley have several ways to make buying a home more affordable. Options include VA loans for those who served in the military, Virginia Housing programs for eligible buyers, and HUD's Good Neighbor Next Door program. Start with a pre-approval, then match the program to your service history and budget.

Financing options worth knowing

VA loans for first responders who are veterans

Many first responders also served in the military. If you are eligible, a VA loan offers no down payment and no monthly private mortgage insurance. Some veterans with service-connected disabilities also qualify for a waiver of the VA funding fee.

Virginia Housing programs

Virginia Housing offers loan and down payment assistance programs for eligible buyers across the state. Eligibility depends on income, purchase price, and other factors, so ask your lender which programs fit your situation.

HUD Good Neighbor Next Door

HUD's Good Neighbor Next Door program offers eligible law enforcement officers, firefighters, EMTs, and pre-K through 12th grade teachers a discount of 50% off the list price of eligible HUD homes in designated revitalization areas. You must agree to live in the home as your only residence for at least 36 months. Eligible homes are limited and listed for short periods, so you need to be ready to act quickly.

Shift work and house hunting

• Tell your agent your rotation so tours can be scheduled on your days off.
• Use video walk-throughs to screen homes before you tour in person.
• Think about your commute to your station or department at all hours, not just rush hour.
• Look for quiet bedrooms and blackout-friendly layouts if you sleep during the day.

Frequently Asked Questions

Are there special home loans for first responders in Virginia?

There is no single first responder loan, but VA loans, Virginia Housing programs, and HUD's Good Neighbor Next Door can all help eligible first responders. A lender can compare them for you.

Who qualifies for Good Neighbor Next Door?

Full-time law enforcement officers, firefighters, EMTs, and pre-K through 12th grade teachers who meet HUD's requirements and agree to live in the home for 36 months.

Thank you for your service. Let's get you home.

Robert Kern works with first responders, veterans, and medical professionals across Roanoke, Salem, Vinton, and the surrounding counties. Call or text (540) 505-3345 to set up a buyer consultation. Start your pre-approval at www.veteranskeyloans.com.

Robert Kern, REALTOR® | The PREMIERE Group | Real Broker, LLC | Licensed in Virginia. Program details change, so confirm eligibility with HUD, Virginia Housing and your lender.