VA Closing Costs Assistance Grant

Hello Hampton Roads,

Today's low interest rates make it great time to buy a home and one of the best types of financing you can use is VA financing.



VA loans have alot of great benefits such as:

  • 100% Financing 
  • NO PMI
  • Great Rates
  • Seller can pay all buyer's closing costs and up to 4% concessions

And, now you can add to the list a closing costs assistance grant from Virginia Housing (VHDA.com) for all eligible VA home buyers.

The grant offers up to 2% closing costs assistance and does not need to be paid back.  It is a true gift and can be used towards closing costs, pre-paids, discount points, and the VA funding fee.

There are certain criteria such as the buyer must be a first time home buyer and the grant must be used to purchase a primary residence.  In addition, the price of the home must be $375,000.00 or less and income tops out for families at $77,600.00

If you want to buy a home using VA financing and want to find out if you qualify and if the grant makes sense for you, let's talk!


Thanks for Reading,







_________________________

Serving your Hampton Roads and Virginia Beach Real Estate needs. Liz Schuyler on Google+


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