Virginia Housing Closing Cost Assistance Grant

Administered by: Virginia Housing (VHDA) · State · Grant

Funding status: Active

How much assistance

Up to 2% of the purchase price (Grant)

No repayment required.

Eligibility

  • Income limits: Varies by county and household size.
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years.
  • Credit score minimum: 620
  • Geographic restrictions: Available statewide in Virginia.
  • Homebuyer education required: Yes

How to Apply for Virginia Housing Closing Cost Assistance Grant

Step 1: Contact a Virginia Housing-approved lender to apply. Must use a VA or USDA first mortgage loan through Virginia Housing.

Notes

Available only with VA or USDA first mortgage loans through Virginia Housing. Funds may be applied to closing costs, RHS guarantee fee, or VA funding fee. Cannot be combined with the DPA Grant.

Available Statewide In