West Virginia First-Time Home Buyer Programs of 2021

May 10, 2021

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The West Virginia Housing Development Fund facilitates home loans with favorable interest rates for West Virginia residents, and can make the dream of a no-down-payment mortgage come true.

Also check out federal loan programs offering first-time home buyers low down payments and easier qualifying as you look into WVHDF options.

National first-time home buyer programs

A good starting point is to investigate the low- or no-down-payment loans available from these federally backed mortgage programs.

WVHDF highlights and eligibility requirements

These WVHDF programs are for first-time home buyers and other West Virginia residents. A first-time buyer is defined as not having had an ownership interest in a home during the past three years. An exception to that ownership-interest requirement is available in certain counties or if you're an eligible veteran.

Additional details vary by program, but here are some basics:


  • WVHDF offers 30-year fixed-rate home loans.

  • Offers down payment and closing cost assistance up to $10,000 in the form of a separate, low-interest loan.


  • County limits apply to a borrower's household income.

  • The purchase price of the home must comply with local guidelines.

  • A home buyer education course is required.

WVHDF first-time home buyer programs

Summary: West Virginia first-time home buyer programs

    • Homeownership Program offers 30-year fixed-rate mortgage for first-time home buyers.

    • Movin’ Up Loan Program offers down payment and closing cost assistance to buyers who have outgrown their homes or are looking for a change.

    • The USDA 502 Direct Loan Program allows no down payment and provides payment assistance.

    • The Down Payment and Closing Cost Assistance program offers low-interest-rate loans to help you clear the upfront money hurdle.

These programs are implemented by WVHDF authorized lenders. For full details on any program, visit the WVHDF website.

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