See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated March 31, 2026
Homebuyer Programs in Morgantown, WV (2026)
Morgantown, home to West Virginia University and the state's fastest-growing metro area, offers a dynamic housing market with a median home price around $235,000. The City of Morgantown Homebuyer Assistance Program provides first-time buyers with up to $12,000 in zero-interest deferred loan assistance for down payment and closing costs on homes priced up to $300,000. At the state level, the WVHDF Homeownership Program offers first-time buyers 100% financing plus up to $10,000 in additional help, while the Movin' Up Program serves repeat buyers with up to $8,000 in assistance. Mon Valley Habitat for Humanity also builds affordable homes for low-income families in Monongalia County. By combining the city's $12,000 deferred loan with a WVHDF mortgage, qualified Morgantown buyers could access over $22,000 in total assistance.
City Programs in Morgantown
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Morgantown Homebuyer Assistance Program | Deferred Loan | Up to $12,000 for down payment and closing costs | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to $12,000 for down payment and closing costs
- First-time only:
- Yes
State Programs in West Virginia
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| WVHDF Homeownership Program | Repayable Loan | Up to $10,000 in down payment and closing cost assistance via the Low Down Home Loan; 30-year fixed-rate mortgage financing up to 100% of purchase price | Yes | View → |
| WVHDF Movin' Up Program | Repayable Loan | No down payment assistance (Low Down Home Loan removed 9/30/2026); 30-year fixed-rate first mortgage at 7.750% (Movin' Up Special 7.625%) for homes up to $350,000 | No | View → |
- Type:
- Repayable Loan
- Amount:
- Up to $10,000 in down payment and closing cost assistance via the Low Down Home Loan; 30-year fixed-rate mortgage financing up to 100% of purchase price
- First-time only:
- Yes
- Type:
- Repayable Loan
- Amount:
- No down payment assistance (Low Down Home Loan removed 9/30/2026); 30-year fixed-rate first mortgage at 7.750% (Movin' Up Special 7.625%) for homes up to $350,000
- First-time only:
- No
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Mon Valley Habitat for Humanity Homeownership | Zero-Interest Loan | Affordable home purchase with zero-interest mortgage and sweat equity partnership | No | View → |
- Type:
- Zero-Interest Loan
- Amount:
- Affordable home purchase with zero-interest mortgage and sweat equity partnership
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. The Morgantown Homebuyer Assistance Program requires income at or below 80% of Area Median Income for Monongalia County and a purchase price of $300,000 or less. You must also contribute at least $1,000 of your own funds.
Step 2: Complete homebuyer education. The Fairmont-Morgantown Housing Authority HomeOwnership Center offers an 8-hour homebuyer education course on the second Friday of every month. Their Morgantown office is at 430 Spruce Street. Call (304) 363-0860 ext. 105 to register.
Step 3: Contact the City of Morgantown. Call (304) 284-7405 to learn about the Homebuyer Assistance Program and begin your application for up to $12,000 in deferred loan assistance.
Step 4: Explore additional local programs. Contact Mon Valley Habitat for Humanity at monvalleyhfh.org for their affordable homeownership program if you qualify as low-income. NCWVCAA can also help package USDA 502 Direct loans at no down payment.
Step 5: Get pre-approved for a mortgage. Contact a WVHDF-approved lender or call 800-933-8511 to explore the Homeownership Program (up to $10,000 DPA) or Movin' Up Program (up to $8,000 DPA). Local options include WVU Credit Union and Citizens Bank of Morgantown, which offers a first-time buyer program with as little as 3% down.
Step 6: Find a home within program limits. For the city program, the purchase price must not exceed $300,000. The WVHDF Movin' Up Program allows up to $350,000.
Step 7: Submit your applications and close. Work with your lender and housing counselor to submit all program applications. The city deferred loan has no monthly payments and is repaid only upon sale or refinance.
Frequently Asked Questions
How much down payment assistance can I get in Morgantown, WV?+−
Do I have to be a first-time homebuyer to get assistance in Morgantown?+−
What is the maximum home price I can purchase with assistance programs?+−
What homebuyer education is required in Morgantown?+−
Is the Morgantown city assistance a grant or a loan?+−
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