by synarcon | Jul 15, 2025
Program Highlights: Eliminates funds needed for a down payment Helps to keep total mortgage payment affordable Could eliminate funds needed at closing Increases homeownership for first-time and specific repeat buyers Higher income limits assist buyers who don’t...
by synarcon | Jul 15, 2025
Program Highlights: Could eliminate funds needed for closing No repayment required First-time buyer required
by synarcon | Jul 15, 2025
Program Highlights: Receive up to 2.5% of the purchase price for FHA loans or 2% for Fannie Mae Borrower must contribute at least 1% of the sales price (money can come from a gift) Can be used with Virginia Housing Fannie Mae & Virginia Housing FHA No repayment...
by synarcon | Jul 15, 2025
Program Highlights: 2% reduction to the interest rate published by Virginia Housing First generation homebuyer* The first mortgage must be one of Virginia Housing’s bond programs (Conventional Bond, FHA Bond, VA Bond or RHS Bond) Various down payment assistance...
by synarcon | Jul 15, 2025
Repayment of all of our down payment options is required only if you sell, refinance or transfer your home before year 15 – the down payment assistance is forgiven at 20% per year at the end of years 11–15, with complete forgiveness at the end of year 15. Program...
