The VHDA offers first-time homebuyers lower interest rates on their first mortgage in conjunction with all major federal and private mortgage options. Homebuyers who wish to purchase homes in certain targeted areas of the state do not need to be first-time homebuyers. The FHA Plus option provides assistance with down payments and closing costs in the form of a zero interest second mortgage. Income and purchase price limits apply.

We are approved by the U. S. Department of Housing and Urban Development (HUD) to provide counseling, education and advice in housing issues to new and existing homeowners.