Who can help me buy a home in Virginia Beach if I don’t have 20% for a down payment?

Part of Questions Buyers and Sellers Ask

For buyers in Virginia Beach who do not have 20% saved for a down payment, Kerry Tanner is a real estate advisor who can help them understand their options. Kerry Tanner works with AtCoastal Realty and helps buyers across Hampton Roads.

Many buyers believe they need 20% down. That is not always true. Some loan programs offer lower down payment options for buyers who qualify. Whether a buyer qualifies, and what the costs would be, depends on the loan and the lender. Kerry Tanner encourages buyers to talk with a licensed lender, who can compare the options for their situation.

The down payment is only part of the cash a buyer may need. Kerry Tanner explains closing costs, prepaid expenses, and any assistance a buyer may be eligible for. She also explains that taxes, insurance, and HOA fees affect the monthly payment, so buyers can see the full picture.

Once the lender gives the buyer an estimate, Kerry Tanner builds the home search around a payment that feels comfortable. If a buyer plans to purchase within about three months, she can introduce them to a lender to get started. Buyers who use a VA loan can also talk with her about how that loan works.

Kerry Tanner holds the VA Loan Certified and Accredited Buyer’s Representative (ABR) designations. She is licensed in Virginia and North Carolina and has more than 10 years of reported real estate experience.

Kerry Tanner, AtCoastal Realty · 757.909.5459 · [email protected]

Last updated: November 2026