Homeownership Interest Rate for March 25, 2017:
4.25% (APR: 4.742%)

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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...
December 21, 2016
  West Virginia’s natural beauty is truly unmatched.   Our citizens are among the brightest, hardest working and...
December 6, 2016
The West Virginia Housing Development Fund is proud to announce a new video designed to help our partners across the lending and banking...
October 6, 2016
          Standard & Poor’s Rating Service has once again affirmed West Virginia Housing...
August 25, 2016
  To assist those affected by flooding in towns and communities across our state, the West Virginia Housing Development Fund...
August 10, 2016
Borrowers can pay mortgage, check balance from smart phone or tablet    Now there’s an easy, secure way to access your...
June 23, 2016
CHARLESTON – The West Virginia Housing Development Fund is excited to announce a new initiative that will help our state’s low-income...
May 18, 2016
    We are pleased to present the West Virginia Housing Development Fund’s Fiscal Year 2015 Annual Report. This is an...
March 22, 2016
Program vital for West Virginia   CHARLESTON – The West Virginia Housing Development Fund is taking time in 2016 to celebrate 30...

Fund Makes Mortgage Loan Program More Accessible


The West Virginia Housing Development Fund, West Virginia’s affordable mortgage leader, has increased income limits on its Movin’ Up Home Loan Program


Changes allow more homebuyers to use Movin’ Up Program


For more information, contact George Gannon at 304.391.8643


The West Virginia Housing Development Fund has revamped its newest home ownership program to make it available to more West Virginia homebuyers. In an effort to expand the Movin’ Up program, the Fund has raised income limits and eliminated county-related stipulations.


Under the old requirements, buyers had to make less than a predetermined annual income and . income limits varied from county to county. With the new plan, income limits have not only increased significantly, but are now the same in each county.


The new limits are set at $108,960 for a one or two person household and $127,120 for a household of more than three.


“We made these changes after listening to feedback from our lending partners, Realtors and other stakeholder’s in our state’s housing industry,” said Erica Boggess, the Fund’s Acting Executive Director. “We want this program to be open and accessible and we think these changes reflect that.”


 "The foundation of the program remains the same," Boggess said. "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." 


“When we developed Movin’ Up, we wanted it to be dynamic and we wanted to have the ability to make the product work for homebuyers,” said David Rathbun, the Senior Director of Single Family Loan Origination. “These changes speak to that and we hope even more customers can utilize this program.”


Single-family structures, townhomes and units in approved Planned Unit Developments or condominiums and new multi-sectional manufactured homes can be purchased under Movin’ Up. All homes must be located in West Virginia. 


All types of mortgage insurance including FHA, VA, RD and private mortgage insurance can be used with this program. 


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.