If you’re a first-time homebuyer in the State of Virginia, you may qualify for their down payment assistance program!
The Virginia Housing Development Authority (VHDA) exists to help Virginians achieve one of life’s fundamental dreams-having a place to call home. They offer loan programs tailored for first-time homebuyers as well as homeowners who want to buy in Areas of Economic Opportunity.
All of the loan programs have maximum income and maximum sales price / loan limits based on the geographic area in which the home is located. VHDA’s loans are limited to borrowers who have never owned a home or who have not owned a home in the past three years.
As always we are here to talk about this program and other. Contact us now!