1st Home Buyer Programs From WVHDF

Valuable Programs For 1st Time Buyers

First time home buyers in West Virginia have many options available to them for help in purchasing their first residence. In addition to the statewide down payment assistance program, the West Virginia Housing Development Fund (WVHDF) provides some additional programs for West Virginia residents seeking to purchase their first home.


West Virginia First Time Home Buyer Programs
West Virginia First Time Home Buyer Programs

Here are some highlights:

The Homeownership Program makes homeownership more affordable for families and individuals.

Eligible Borrowers
To qualify for a Homeownership Program Loan, three criteria must be met:
  • Borrower(s) gross income must not exceed a county income limit; *
  • The house to be purchased must not exceed a house price limit; *
  • The borrower cannot have owned a home within the prior three years in the following counties: Barbour, Berkeley, Boone, Brooke, Cabell, Greenbrier, Hancock, Harrison, Jefferson, Kanawha, Marion, Marshall, Mason Mercer, Monongalia, Morgan, Ohio, Putnam, Raleigh and Wood counties.
Loan Terms
A Homeownership Program Loan is a 30-year, fixed rate mortgage loan. Up to 100% of the purchase price of the home can be financed.
Down Payment/Closing Cost Assistance Program
In some cases you may qualify for a Down Payment/Closing Cost Assistance Program Loan. Please refer to the Down Payment/Closing Cost Assistance Program section for more information.
Eligible Properties
Eligible properties must be located in the state of West Virginia, to be used as the primary residence of the applicant(s).
Eligible properties include single, detached, existing, stick-built or modular homes; duplex, townhouse, or condominium units, and new double-wide mobile/manufactured homes. (New or used single- and used double-wides are not eligible.) Property conveyed with the home transaction cannot exceed five acres.

For complete details on these programs, including contact information and instructions on how to apply, please visit this WVHDF program page.

More West Virginia First Time Buyer Programs

In addition to the above homebuyer programs offered by WVHDF, there are local housing agencies in various towns, cities and counties throughout the state that provide financial assistance to 1st time property buyers as well. To determine if there any near you, please visit local first time home buyer programs in West Virginia.