West Virginia · Low-interest loan

WVHDF DPA (West Virginia)

$5,000

Up to $5,000 for down payment and closing costs. Low-interest second mortgage. First-time buyers.

West Virginia Housing Development Fund provides DPA for first-time buyers in one of the most affordable states in the nation. With median home prices around $150,000, even modest DPA amounts cover a significant portion of the purchase price.

The program pairs with WVHDF's competitive first mortgage rates and works on standard loan products. West Virginia's affordability advantage means buyers here can achieve homeownership at income levels that would keep them renting in most other states.

Amount$5,000
TypeLow-interest loan
Available inWest Virginia
First-time buyer requiredYes
Minimum credit score640
Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

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
WVHDF Movin\ Below-market rate for repeat buyers
West Virginia · Subsidized loan
WVHDF Homeownership Program Below-market rate + DPA eligible
West Virginia · Subsidized loan
All West Virginia programs →

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