The Secret to Success When Buying in Northern Virginia


There are four crucial numbers that affect your buying power that you need to be aware of, especially from a lender's perspective. Keep the following four things in mind if you plan on buying a home anytime soon:

  • Credit Score. This helps a lender understand your creditworthiness. The higher your credit, the better chance you have of getting the loan amount you desire.

  • Down payment. The higher your down payment is up front, the lower your payment is going to be. In many cases, a high down payment also results in a lower interest rate!

  • Debt-to-income ratio. How much debt do you have compared to your income? The lower this ratio is, the better.

  • Your assets. What are your financial resources? A lender will want to take a look at your income and your financial assets. The more impressive they are, the better luck you’ll have getting the financing you seek.

You need to make sure these four things are in order if you want to get selling results.

We work with reputable lenders who can help you wade through the process and get the best possible rates and terms. Whatever your financial situation, we can put you in touch with someone who can get you what you need to accomplish your buying goals. 

Give us a call or shoot us an email with any questions. We would love to help you! 


Dan Rochon

Dan Rochon is an Associate Broker in VA, Broker in MD; Owner of Rochon Investments, LLC; Owner and Co-founder of and Owner of other Joint Ventures as well as a real estate principles instructor at Moseley Real Estate Schools.

As a real estate sales agent, Dan and his team are consistently top producers in their marketplace and provide solutions for their clients. Through their investing company, Dan and Traci Rochon have been investing in residential and commercial real estate ventures for more than the past decade.

Dan and his wife Traci are frequent speakers and are often quoted in media stories about the current real estate market. The Rochon's have been featured on The Nightly News with Brian Williams, The Today Show, CNBC, The Washington Post, The Washington Examiner, WTOP News, Voted as The Best of DC Real Estate Agent in the Washington City Paper Readers Poll, and more...