Virginia · Deferred loan

Virginia DHCD DPA

Up to 10% of sales price

Gap financing up to 10% of sales price for first-time buyers under AMI limits. Through local administrators.

Virginia's Department of Housing and Community Development provides DPA through community-based programs. DHCD channels federal and state resources to local organizations that deliver homebuyer assistance in communities across Virginia.

AmountUp to 10% of sales price

TypeDeferred loan

Available inVirginia

First-time buyer requiredYes

Minimum credit score620

Multi-unit eligibleSingle-family only

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down

Federal · Subsidized loan

VA Loan $0 down + no monthly mortgage insurance

Federal · Federal benefit

NACA Program $0 down + $0 closing + $0 PMI + below-market rate

National · Nonprofit program

Virginia Housing DPA Grant 2-2.5% grant — no repayment ever

Virginia · Grant

Virginia Housing Plus Second Mortgage 3-5% of price — repeat buyers welcome

Virginia · Second mortgage

Virginia Housing Closing Cost Grant 2% grant for USDA/VA loans only

Virginia · Grant

All Virginia programs →

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