Morgantown Homebuyer Assistance Program

Administered by: City of Morgantown · City · Deferred Loan

Funding status: Active

How much assistance

Up to $12,000 for down payment and closing costs (Deferred Loan)

Zero-percent interest deferred loan with no monthly payments. Repayable upon sale, refinance, or transfer of the property.

Eligibility

  • Income limits: At or below 80% of Area Median Income for Monongalia County
  • Purchase price limit: $300,000
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase within the City of Morgantown, WV.
  • Homebuyer education required: Yes

How to Apply for Morgantown Homebuyer Assistance Program

Step 1: Contact the City of Morgantown at (304) 284-7405 for application details. A minimum borrower contribution of $1,000 is required, plus one month of housing cost reserves for conventional loans. Complete a homebuyer education course (6-8 hours).

Visit program website

Notes

Program funded through federal HOME or CDBG funds. Verify current availability and exact terms with the City of Morgantown, as funding and program details may change annually.

Cities Where This Program Is Available