Virginia Property even offers a down-payment assistance grant program, and therefore gifts qualified homebuyers having between dos and you can dos.5 percent of the house’s purchase price. It’s currency you don’t have to pay right back.

So you can meet the requirements, you should be a first-big date homebuyer, and also you have to be recognized to have a beneficial Virginia Casing first mortgage. Earnings is the important grounds right here – all of the family unit members usually do not go beyond Virginia Housing’s earnings restrictions.

Virginia Housing plus runs a closing prices recommendations give program. Its geared towards enabling homebuyers in Virginia who happen to be securing a great Rural Houses Services (RHS) otherwise Veterans Factors (VA) financial. Continue reading →