Amazon HQ2 comes to Crystal City DC area…now what?
Crystal City, VA is home to Amazon’s 2nd headquarters (HQ2). If you’re considering a job opportunity to work here, acquiring a mortgage to finance a home nearby may be simpler than you think. Learn more about mortgage options and ways to commute!
Closing on a home prior to starting your job:
If you have a non-contingent offer letter, many loan programs will allow you to settle on your purchase up to 60-90 days in advance of your first day at work.
If your employment offer includes contingencies such as a clearance or background check, then you’ll either need to clear these contingencies in advance of your loan settlement, or start work.
No/low money down payment assistance:
In Virginia there is the VHDA loan program, which provides grants, loans, and tax credits to help ease the transition to homeownership. Learn more: https://alexjaffe.com/vhda and https://alexjaffe.com/mcc. The MCC is available in VA, DC, & MD.
There are other similar loan programs in MD and in DC
There is also a 100% FHA financing loan program with no income limit that is available in the entire region and finances loan amounts up to $679,650. Learn more: https://alexjaffe.com/Chenoa
Other important information to know: Understand closing costs, ways to avoid monthly mortgage insurance, and using gift funds to help with your down payment.
Metro: Crystal City is on both the yellow and blue metro rail lines.
Rail: There is a Virginia Railway Express (VRE) station in Crystal City, which carries commuters from the south and west.
Pre-Qualify Now: https://ajaffe.firsthome.com/startapp
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