X

Learn more about Mortgage Relief Resources
IT will be updating its servers, software, and equipment on the weekend of July 22-23.
All systems may be unavailable from 2 PM on Saturday until 1 PM on Sunday.

Down Payment Assistance Grant


Our grant can help your buyers get into their first home faster. It provides money for the down payment and never has to be repaid.

Get to Know This Grant

  • What is It?

    The Down Payment Assistance Grant is a true grant, meaning it does not have to be repaid.

  • Eligibility Requirements

    To receive a Down Payment Assistance Grant, a homebuyer must:

    • Be a first-time homebuyer or repeat buyer purchasing in Areas of Economic Opportunity
    • Have a non-bond or bond FHA/ Conventional or non-bond Conventional No MI loan from Virginia Housing
    • Have a household income within Virginia Housing’s income limits
    • Be within Virginia Housing’s sales price / loan limits
  • How Does It Work?

    The Down Payment Assistance Grant may only be used with eligible Virginia Housing loans.

Contact Us

 

Homeownership Originations
Toll Free: 800-227-8432
Local: 804-783-6725
Homeownership@VirginiaHousing.com
Underwriting@VirginiaHousing.com