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

Virginia Housing: FHA Product

Program Highlights: FHA insured As low as 3.5% down payment Liberal credit qualifying As low as 1% down with Virginia Housing DPA Grant Eligible for Virginia Housing’s Down Payment Assistance grant (DPA) (restrictions apply) Eligible for Virginia Housing’s Plus Second...

Virginia Housing: Conventional Product

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...
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