Virginia Housing First-Time Homebuyer Loan

Virginia Housing

Available Down Payment

About This Program

Virginia Housing First-Time Homebuyer Loan is available in Lynchburg, VA.

Offers below-market interest rate mortgages and down payment assistance to first-time homebuyers in Virginia. Includes optional down payment grant up to 2.5% of loan amount. Income limits and purchase price limits apply; requires homebuyer education course completion.

Down payment assistance typically 2.5% of loan amount, interest rate below conventional market rates

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Lynchburg, VA, you can combine this program with other local help to cut your cost:

Key Details

  • Below-market interest rate mortgages
  • Down payment assistance up to 2.5% of loan
  • For first-time homebuyers
  • Income and purchase price limits apply
  • Must complete homebuyer education course

How to Apply

A grant-savvy contractor in Lynchburg, VA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing program

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How do I apply for Virginia Housing First-Time Homebuyer Loan in Lynchburg, VA?

Apply directly with Virginia Housing using the official program link on this page or call (877) 843-2123. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Lynchburg, VA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs