it possible for more first-time home buyers and anyone who has not purchased in last 3 years to qualify for a VHDA loan.
Income limits increased in all areas of Virginia.
In Hampton Roads: Now for a family of 2 or less if you have a household income of $79,600 (up from $71,000) and for a family of 3 or more the house hold income increases to $92,200 (up from $80,000).
For home buyers who meet this income limit, a Home buyer Education class and other documentation requirements would be required to qualify.
VHDA mortgages offer an affordable fixed rate usually at a minimum 3.5% down payment and for those that qualify for a VHDAPLUS loan this can help you with the down
payment requirement. For more info on locating a VHDA lender and loan guidelines give me a call asap.
Buyers: FREE Access to Home Listings, FREE 2-10 1yr Home Warranty plan, FREE Home Buying Consultation, FREE Transaction Coordination, FREE Buyers Representation Service, FREE Tours of Homes. Buyers receive and Sellers offer 1 MONTH FREE Cox Bundle Package. Sellers: Ultimate Marketing Package to get your home SOLD!
If you are in Hampton Roads, Southern Virginia Cities: Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Smithfield, Suffolk, Williamsburg, York County. Join the Group, http://activerain.com/groups/hamptonroads
“I can dream alone, build alone and strive alone, but true success always requires the help and support of others. Please send me your referrals.”
Visit my website today, The Hampton Roads Real Estate Lady!
Deandrea “Dee Dee” Jones firstname.lastname@example.org
Associate Broker Blu Skyy Realty Virginia Beach, VA