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VHDA Just Announced A 5 Million Grant Program For Home Buyers
VHDA just announced a $5 million grant program for home buyers....
Grant program covers up to 3% of down payment (can only be used for down payment)
Buyers can get a VHDA conventional loan with NO mortgage insurance and have the 3% required down payment paid with this grant
No matching or minimum contribution from the borrower
Cannot be used in conjunction with any other grant or down payment assistance program
Borrowers must meet standard VHDA requirements and adhere to the maximum income and purchase price limits per location as shown in this PDF link: DPAsst3PercentProgramLimits.pdf
Melody Hall Visser is a passionate Realtor who lists, sells, and dwells in Northern Virginia. Currently, she serves as a REALTOR at eXp Realty, LLC. As a life-long resident of Virginia, Melody has....