The West Virginia Homeowners Rescue Program is accepting applications, but funding is limited. Visit www.wvhomeresuce.com for more information and to submit your application today!
The Down Payment and Closing Cost Assistance Loan is now the…
New name, same loan!
The Low Down Home Loan is available in conjunction with the Homeownership Program to reduce the amount of upfront money needed to purchase a home.
Please contact a team member in our Single-Family Loan... Continue Reading
The Holland Family wanted to move up from renting to homeownership, but struggled to save for a downpayment. Attorney Keith Cox thought his income was too high for a Fund loan. Both found a solution by combining the Fund’s Movin’ Up loan with the Downpayment and Closing Cost Assistance Loan.
The West Virginia Homeowners Rescue Program began operations on March 28, 2022. Over the past year, the program has connected more than 4,200 West Virginia households with more than $15 million in tax-free federal assistance. The program helps homeowners with their past-due mortgage payments, utilities, homeowners’ insurance, property taxes, and other eligible costs. Applicants do not have to have a mortgage... Continue Reading
New year, new house?
If buying a new home is at the top of your 2023 to-do list, the West Virginia Housing Development Fund is here to help. But what can you expect as you work through the homebuying process, especially if you’re a first-time buyer? The Fund’s lending experts Jon Rogers and Justin Hylbert offer their thoughts.
“Buying a home is one of the biggest decisions a person can make in their lifetime,” said Rogers, the Senior Division Manager of... Continue Reading
Dramatic changes to the housing market over the past couple of years may have some potential home buyers weighing their options.
However, the West Virginia Housing Development Fund’s competitive rates mean home buyers who secure a mortgage through one of our programs have greater purchasing power.
“If you’re looking at a conventional loan without a West Virginia Housing product, you’re looking at rates in the high 6s or low 7s,” said Justin Hylbert, Business Development and Lender Support Officer... Continue Reading
