Virginia Housing: FirstHome Dream

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...

Virginia Housing: Down Payment Assistance (DPA) Grant

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...

Virginia Housing: Plus Second Mortgage

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...

Virginia Housing: USDA Product

Program Highlights: USDA guaranteed As low as 0% down payment Low mortgage insurance Eligible for Virginia Housing’s Closing Cost Assistance (CCA) grant

Virginia Housing: VA Product

Program Highlights: VA guaranteed As low as 0% down payment Liberal credit qualifying Eligible for Virginia Housing’s Closing Cost Assistance (CCA) grant
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