To order a house in the West Virginia’s big cities
For example the assistance with to find a home, WVHDF gets first-go out customers two alternatives for help with the fresh new down-payment. For every program brings let in accordance with the size of your off fee.
Brand new WVHDF deposit guidance system cannot give features or forgivable funds. As an alternative, it offers the next mortgage, with are repaid over 15 years in synchronous which have most of your mortgage. However, one 2nd mortgage is sold with a very beneficial rate. During the time we visited the website, it actually was just 2%, though it might have increased by the point you check this out.
Under it homeownership system, you might acquire mortgage quantity to $7,five-hundred if your down-payment is ten% or less of the house cost. But, in case your downpayment is more than 10%, you might borrow to $ten,000.