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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
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

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).

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)