Virginia Housing Down Payment Assistance

Virginia Housing (formerly VHDA)

Available Down Payment

About This Program

Provides down payment and closing cost assistance for first-time homebuyers in Virginia. Available as a 0% interest second mortgage that is forgiven after 15 years of maintaining primary residence in the home.

Assistance calculated as 2.5% of mortgage amount, forgiven after 15 years

Key Details

  • 2.5% of loan amount for down payment/closing costs
  • Must be first-time homebuyer or not owned home in 3 years
  • Income limits vary by household size and location
  • Forgiven after 15 years of primary residence
  • Must complete homebuyer education course

How to Apply

Get free help applying Visit Official Program Page Track this program

(877) 834-3356

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Deadline: Ongoing program

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