Virginia · Grant

Virginia Housing Closing Cost Grant

2% grant for USDA/VA loans only

2% of purchase price as a grant for USDA or VA loan borrowers. True grant — no repayment.

Virginia Housing's Closing Cost Assistance grant covers closing costs separately from the down payment. This targeted approach lets buyers direct their savings entirely toward the down payment while the grant handles lender fees, title costs, and prepaid items.

Amount2% grant for USDA/VA loans only
TypeGrant
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 Mortgage Credit Certificate Annual tax credit for life of loan
Virginia · Annual tax credit
All Virginia programs →

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