Virginia Housing Development Authority
FHA Plus
Check Eligibility
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FHA-fixed first mortgage.
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No down payment cash is needed, because in addition to VHDA’s FHA-insured first mortgage, you’ll also receive a second mortgage to help fund your down payment and closing costs.
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Maximum loan amount:
First mortgage – maximum FHA mortgage
Second mortgage – 3.5% to 5% of sales price
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No cash back
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Low 30-year fixed interest rate on both the first and second mortgages.
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$0 down payment.
