It’s Almost Here! VHDA Down Payment Assistance Grant Program. VHDA is excited to announce our new DPA Grant Program. VHDA is finalizing system testing and their target implementation date is Monday, March 14th. Grant money means “free money” that does not have to be repaid.
Maximum income limits apply, but the VHDA Grant Program basically give buyers 3% to 3.5% down payment to purchase a home!
For example, if you qualified to buy a home selling for $225,000, the VHDA Grant Program will GIVE qualifying buyers $7,875 for the down payment!
There is a limit on available funds so when the money runs out, it’s gone! So act fast and contact any of our preferred mortgage lenders, or call Frank Biganski at (757) 303-0517 for additional information!