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Homebuyer Frequently Asked Questions  

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Can I get pre-approved for a mortgage before finding a home? ‎(1)
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Do you refinance loans for current homeowners? ‎(1)
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Does VHDA have programs for buyers with credit issues? ‎(1)
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How do I apply for a VHDA mortgage? ‎(1)
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How do I contact VHDA's Homeownership Area? ‎(1)
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How do I find a VHDA lender? ‎(1)
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How do I register for a Homeownership Education class? ‎(1)
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How long does the mortgage process take? ‎(1)
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Is a home inspection required for a VHDA-financed property? ‎(1)
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Is the seller required to pay any of the closing costs for VHDA mortgages? ‎(1)
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What are points? ‎(1)
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What are the eligibility requirements for VHDA loans? ‎(1)
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What are the income limits for VHDA programs? ‎(1)
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What are the maximum loan limits for VHDA loans? ‎(1)
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What information will I need to apply? ‎(1)
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What is an Annual Percentage Rate (APR)? ‎(1)
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What is Private Mortgage Insurance (PMI)? ‎(1)
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What is the Recapture Tax? ‎(1)
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What makes up a monthly mortgage payment? ‎(1)
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What mortgage loans does VHDA have available? ‎(1)
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Where can I find VHDA's current interest rates? How often do these rates change? ‎(1)
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Contact Us

Homebuyer Department

Toll Free: 800-227-8432
Local: 804-783-6725
vhdacomm@vhda.com

Customer Service

Toll Free: 877-VHDA-123
Local: 804-782-1986
Or Contact VHDA Online

Virginia Relay

In Virginia: 711
Toll Free: 800-828-1140

HOMEBUYER LOAN RATES

Fixed 3.000% 3.155% APR
FHA Plus 3.250% 3.408% APR
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