VAUpdated May 2026

Virginia First-Time Home Buyer Programs 2026

Up to $10,000 DPA available through Virginia Housing Development Authority (VHDA). VHDA Down Payment Assistance Grant offers up to $10K — and it's a true grant (never repaid).

Max Assistance

Up to $10,000 DPA

Type

Grant or deferred loan

Min Credit

620+

Max Home Price

$500,000

Ready to apply for Virginia assistance?

Get pre-approved in minutes — your lender will connect you with VHDA programs automatically.

Virginia First-Time Buyer Programs Comparison

ProgramMax AssistanceTypeMin CreditIncome Limit
VHDA DPA Grant
Best — free grant
Up to $10,000Grant (never repaid)620+$85K–$143K
VHDA Mortgage Credit Certificate
Stack with DPA grant
Up to $2K/yrFederal tax credit620+Same

Eligibility Requirements

  • 620+ credit score
  • Income within VHDA limits
  • Homebuyer education required
  • Primary residence in Virginia

Pro Tip

Available statewide: Virginia Beach, Norfolk, Chesapeake, Richmond, Arlington.

How to Apply for Virginia Programs

1

Get Pre-Approved

Work with a VHDA-approved lender. They handle the state program paperwork for you.

2

Complete Education

Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.

3

Close & Get Funds

The Grant or deferred loan is applied at closing — you don't pay extra at the table.

Official Agency

Virginia Housing Development Authority

VHDAVirginia official housing finance authority

Visit VHDA Official Site →

Frequently Asked Questions

What is the best first-time home buyer program in Virginia?

The best program in Virginia is the VHDA DPA Grant, which offers Up to $10,000 as a Grant (never repaid). Minimum credit score: 620. Income limit: $85K–$143K.

How much down payment assistance is available in Virginia?

Virginia offers up to Up to $10,000 DPA through Virginia Housing Development Authority (VHDA). The assistance is structured as a Grant or deferred loan. Income limits are $85,000–$143,000 depending on household size and county.

What credit score do I need for Virginia first-time buyer programs?

Most Virginia programs through VHDA require a minimum credit score of 620. Some programs may accept lower scores with compensating factors. Check with an VHDA-approved lender for your exact score requirements.

What is the income limit for Virginia first-time buyer programs in 2026?

In 2026, Virginia income limits are $85,000–$143,000 depending on household size and county. The home price limit is $500,000. These limits are set by Virginia Housing Development Authority.

Don't Leave Up to $10,000 DPA on the Table

Pre-approval is free. Your lender will apply for VHDA programs automatically — no extra work for you.

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