Down Payment Assistance Programs & Home Buying Grants

Down Payment Assistance Programs & Home Buying Grants are great ways to buy your first home in Hampton Roads!  Government grants  help with Down Payment & Closing Costs Assistance that result in no down payment home loans! And by meeting program criteria, you get FREE housing grants!

Funds for: First Time Home Buyers Repeat Buyers, Veterans & Community Partners 

A home buying grant can help make the American Dream of Home Ownership a reality!  If you are considering buying a home in any of the 7 cities of Hampton Roads (Virginia Beach, Chesapeake, Norfolk, Portsmouth, Suffolk, Hampton & Newport News), there are housing programs  and government grants offering first time home buyers down payment assistance .  Funds are also available to  Repeat Buyers including our Veterans and Community Partners such as teachers, law enforcement officers and first -responders. Veterans and Community Partners do not have to be first time home buyers!

Depending on the grant, funds can range from $5,000 to $40,000 and result in No down payment home loans! That means 100% financing for qualifying home buyers.  Furthermore, if all the specific grant criteria are met, these funds do not have to be paid back.

A Few Things to Know:

  • Certain Criteria Must be Met-- All grants require that the buyer is an owner occupant who will be using the home as their primary residence. Depending on the specific grant, there are other requirements must be met such as credit or income requirements. Everyone's situation is unique and the more we know about your specific home ownership plans, the better able we will be to tell you about programs that may work best for you. 
  • The Definition of a First Time Home Buyer-- A first time home buyer is defined as someone who has never bought a home before or someone who has not owned a home within the last 3 years.  
  • First Come, First Served---These grants work on first come, first served basis until funds run out, so it benefits buyers who are considering buying a home this year to apply early to ensure access to funds.

For immediate assistance, please feel free to call me at 757-235-0274

- Liz Schuyler

   RE/MAX Allegiance &

   Home Buyer Grant Expert

Free down payment & closing costs assistance can be the difference between owning a home or renting. Isn't it worth finding out if you qualify?

Ready to Find Out if You Qualify?

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