The Closing Cost Assistance Grant reduces out-of-pocket expenses for qualified first-time homebuyers who are applying for a Rural Housing Service (RHS) or Veterans Affairs (VA) bond loan. This grant will never require any repayment.

Virginia Housing offers a variety of 30-year fixed-rate loans. Some require zero down payment and some allow for lower credit scores.

Whether you are a first-time homebuyer who does not qualify for a grant due to income limits or you are not a first time homebuyer, you may qualify for our Plus Second Mortgage, eliminating the need for a down payment. This loan is paired with an eligible Virginia Housing first mortgage and may assist with your closing costs.

Virginia Housing has dedicated resources for service members and veterans. They include education classes, accessibility grants for disabled veterans and more.