CapCenter is proud to partner with Virginia Housing and community organizations to provide affordable solutions for first-time and repeat homebuyers. Explore our three programs designed to make your dream home within reach.
Virginia Housing’s Down Payment Assistance Grant makes homeownership more attainable by helping qualified first-time buyers cover part of their down payment. This program provides financial support that doesn’t need to be repaid, reducing upfront costs and making it easier to purchase a home. Explore eligibility requirements and see how this grant can bring you closer to owning your first home in Virginia.
Money from the DPA Grant is never repaid.
Secure mortgage financing with a low, 1% down payment. Your remaining down payment is covered by Virginia Housing.
Save money every month by paying less in private
mortgage insurance (PMI) when paired with a Conventional Loan.
You must be a first-time homebuyer to be eligible for this program unless you are buying in an Area of Economic Opportunity.
You must meet Virginia Housing income and sales price limits to be eligible for this program.
You must buy a home in the state of Virginia to be eligible for this program.
Applying online is the best way to assess your eligibility for the grant. Our down payment assistance experts automatically screen all applications for eligibility.
The Virginia Housing Second Plus program offers an affordable second mortgage option to help with your down payment and closing costs. Designed for eligible homebuyers, this program provides additional financing at a low interest rate, making it easier to bridge the gap between savings and the funds needed to purchase a home. With Second Plus, you can move forward with confidence toward owning your Virginia home.
Finance your entire down payment into a second mortgage, repaid over 30 years.
Finance up to 1.5% in additional loan costs such as escrows, discount points, and transfer taxes.
Save money every month by paying less in private
mortgage insurance (PMI) when paired with a Conventional Loan.
You must meet Virginia Housing income and sales price limits to be eligible for this program.
You must buy a home in the state of Virginia to be eligible for this program.
Applying online is the best way to assess your eligibility for secondary DPA financing. Our down payment assistance experts automatically screen all applications for eligibility.
The CapCenter Community Assistance Grant is designed to make homeownership more accessible by providing qualified buyers with funds to reduce upfront costs. This grant helps cover a portion of your upfront loan costs — and best of all, it doesn’t need to be repaid. It’s a simple way to make buying a home in your community more affordable.
Receive up to $4,500 to help cover additional loan costs such as escrows, discount points, and transfer taxes.
Money from the Community Assistance Grant is never repaid.
This program is available to those refinancing their current mortgage, unlike our other down payment assistance programs.
You must be buying or refinancing a home is specific census tracts to be eligible for this program.
Applying online is the best way to assess your eligibility for the Community Assistance Grant. Our down payment assistance experts automatically screen all applications for eligibility.
