Virginia Housing (formerly known as Virginia Housing)
What is Virginia Housing?
Virginia Housing provides affordable home loan options to help first-time and qualifying buyers achieve homeownership. Programs include Conventional, FHA, VA, and USDA loans—available as bond and non-bond options.
Helpful Tools & Resources
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Eligibility Tool: Check what programs you may qualify for - Use the tool
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Find a Virginia Housing Lender: Search approved lenders
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Find a Real Estate Agent: Search agent directory
Need help outside Northern Virginia? I’ll help connect you to a certified specialist near you.
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Home Buyer Education Course:
Income Requirements for First Time Buyers
Income Requirements for First Time and Repeat Buyers
Available Programs
FirstHome Dream Program
- 2% interest rate reduction
- Must be a first-time buyer AND your parents must not have owned real estate in the past 3 years
- Can be paired with other Virginia Housing programs (except SPARC)
- Income restrictions apply
SPARC (Sponsoring Partnerships & Revitalizing Communities)
- 1% interest rate reduction
- First-time buyer requirement
- Can be combined with other Virginia Housing programs
- Income restrictions apply
Down Payment Assistance (DPA) Grant
- No repayment required
- Covers 1% down payment
- Considered a true gift/grant
- Can be paired with non-Virginia Housing DPA
- Must be a first-time buyer
- Income restrictions apply
Closing Cost Assistance (CCA) Grant
- No repayment required
- Covers part of closing costs
- Can be used with non-Virginia Housing programs
- First-time buyer required
- Income restrictions apply
Plus Second Mortgage
- 0% down payment option
- 30-year fixed-rate second mortgage
- Available to both first-time and repeat buyers
- Income restrictions apply
Schedule Your Appointment
Ready to take the next step? Let’s talk about your goals and see which Virginia Housing program is right for you. Schedule your call here
