A new state program allows first-time Loudoun home buyers earning up to $108,000 and couples who make up to $135,000 to borrow up to $417,000, with the interest partly subsidized by the Virginia Housing Development Authority.
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A similar program is available for first-time or repeat homebuyers who make 70 to 100 percent of Loudoun's median income, which is $94,000 by the county's calculations.Programs for all of Northern VA are listed here.
Both programs were started on an experimental basis this year, allowing several Loudoun families to benefit, said Karen Thorson, a loan specialist for the county's Department of Family Services. Loudoun has $4.5 million in loans to offer this fiscal year, so not everyone who qualifies will be able to get one.