Homeownership Interest Rate for February 19, 2018:
4.00% (APR: 4.480%)

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December 6, 2017
RIPLEY – The West Virginia Housing Development Fund recently celebrated the dedication of Elizabeth Way Apartments.     Erica...
November 27, 2017
Fund Remains Only Housing Finance Agency with “AAA” Distinction   Standard & Poor’s Rating Service has once again affirmed West...
August 16, 2017
The West Virginia Housing Development Fund is proud to announce the promotion of two long-time employees.   Crystal Toney will be...
August 9, 2017
CROSS LANES – As of Monday, there is one less blighted, dangerous building in Kanawha County.   It took about 20 minutes for a large...
June 1, 2017
Most know the West Virginia Housing Development Fund through our home-buying programs. One in 10 West Virginia homebuyers have entrusted us...
April 25, 2017
The West Virginia Housing Development Fund’s Board of Directors has approved a loan to the Kanawha County Commission to help take down...
April 18, 2017
  Erica L. Boggess has been named Executive Director of the West Virginia Housing Development Fund.     Boggess, who has...
March 30, 2017
A message to our customers:   Here at the Fund, we are proud of what we do. We are honored by the fact that so many West Virginians...
February 14, 2017
We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2016 Annual Report. This is an important record of...
January 26, 2017
  The West Virginia Housing Development Fund is excited to welcome Governor Jim Justice and Agriculture Commissioner Kent Leonhardt...

Movin' Up Loan Program


The Movin’ Up Home Loan Program is an exciting new mortgage finance option offered by the West Virginia Housing Development Fund.


The Movin’ Up Program has been designed to help moderate-income homebuyers purchase a new residence. Unlike our more commonly known homebuyer programs, Movin’ Up does not have a first-time homebuyer requirement and is geared toward home buyers who might have outgrown their current residence or just want to make a change. 


please contact a team member in our single-family loan originations department. You may also call us at 1-800-933-8511 or 304-391-8738.


Some Commonly Asked Questions about the Movin' Up Program


Are there income limits? The income limits are set at $113,760 for a one or two person household and $132,720 for a household of three or more. 


What is my first step? You are welcome to contact us, but we suggest you contact your local lending institution or mortgage specialist. For a list of lenders we work with, please click here.


What is the interest rate?

  • 4.25% (APR is 4.751%)


Is there a first-time homebuyer requirement? No. There is no first-time homebuyer rule for this program. That doesn't exclude those who may be first-time homebuyers, but it is not a requirement. 


Can I still take advantage of Down Payment/Closing Cost Assistance? Yes! That's one of the major benefits of this program. The options are listed below:

  • $5,000 for loans with a loan-to-value ratio greater than 90% of the purchase price
  • $8,000 for loans with a loan-to-value ratio less than 90% of the purchase price


What kind of home can I purchase? Single-family structures, townhomes and units in approved Planned Unit Developments or condominiums and new multi-sectional manufactured homes. All must be located in West Virginia. 


What types of mortgage insurance does the Fund accept? We take all mortgage insurance including FHA, VA, RD and private mortgage insurance. 


Where do I send my payments? We service all loans at our office in Charleston, WV.


Do I have to participate in Homebuyer Education/Counseling? Homebuyer Education/Counseling is required for both the Movin’ Up and Homeownership programs on conventionally insured or uninsured loans.  On the government insured loans (FHA, VA, and USDA) follow the insuring agencies guidelines for Homebuyer Education/Counseling requirements.  Information on counseling providers may be found at http://data.hud.gov/housing_counseling.html  or with your mortgage insurance (MI) provider.


Update - Our requirement that income from all household occupants over the age of 18, excluding those dependants who are enrolled as a full-time student, is being amended to only include the “income of all parties on the note and/or taking title to the property.”


*Please note that any and all APR calculations presented throughout the wvhdf.com website will be based on a sales price of $100,000 with a five percent down payment. 



The West Virginia Housing Development Fund is the state's affordable mortgage finance agency.

The WVHDF was established to develop and improve the state's housing opportunities for residents.