Fair Shot Housing
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Chain Bridge Estates - Lower Flat

1642 Chain Bridge Road, McLean, VA 22101Open in Google Maps

Home for saleFirst comeSeniors

One below-market 2-bedroom plus den home for sale in McLean.

Cost

SizeHomesPrice
2 bedrooms1$281,100

Deposit

$1,000 good faith deposit, due when the contract is signed

Other costs

Required buyer funds and estimated closing costs: $15,390 (based on a 2% down payment).Condo and homeowners association fee: $590.54 each.

Deadline

When to apply

Any time, until the home is taken.

Who can apply

Open to

Seniors or First-time home buyers.

Household size

1 to 2 people

Income rules

Income-qualified through the county homeownership program.

Other rules from the listing

  • Must hold a valid Fairfax County Passport to Homeownership.
  • One buyer must be 60 or older.
  • Household of 1 or 2 people.

Who gets priority

These applicants move up the list.

  • Larger households have priority

How to apply

Ways to apply

Documents you'll need

  • Program application signed by every family member age 18 or older
  • Lender pre-approval letter on the county's form
  • Done in the past 90 days
  • Signed by the lender and all adults on the deed or loan
  • Proof of citizenship or legal status for members on the deed or loan
  • U.S. Immigration papers for other members
  • Homeownership education certificate from Virginia Housing
  • Dated within 2 years
  • Driver's license for every member age 18 or older
  • Copy of your current rental lease agreement
  • Completed household spending plan
  • Credit reports with scores for everyone on the deed or loan (all three bureaus, pulled in the past 90 days)
  • Three months of your most recent pay stubs
  • Two months of your most recent statements for all bank accounts
  • Most recent statement for all other assets
  • Such as pensions
  • Retirement accounts and stocks
  • Most recent federal tax return for every member age 18 or older
  • Federal tax transcript from the IRS website for every member age 18 or older
  • Including non-filers
  • If it applies: divorce decree
  • Death certificate for a widowed applicant
  • Or student status

What happens next

  1. 1Get a valid Passport to Homeownership.

Contact

Office hours

8 am to 4:30 pmMonday to Friday

Details

Good to know

The first qualified applicant gets the home.Condo and homeowners association fee is $590.54 a month.About 1,462 square feet, with a den.

Source

Listing on fairfaxcounty.gov ↗Confirm the details with the building or office before you apply.
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