Program Highlights:
- As low as 3% down payment required
- Affordable monthly payment
- Helps existing homebuyers “move up”
- As low as 1% down with Virginia Housing DPA Grant
- Could help to reduce existing mortgage payment
- Available for first-time and repeat buyers
- Eligible for Virginia Housing’s Down Payment Assistance grant (DPA) (restrictions apply)
- Available for limited cash-out transactions as well as purchases
- Eligible for Virginia Housing’s Plus Second Mortgage.