
Are closing costs or down payment standing between you and owning your first home?
A VHFA ASSIST loan that provides up to $5,000 that can be used for down payment and closing costs may be the answer.
Monty is here to answer your questions about ASSIST, so you too can be a wise owl.

Q: What is an ASSIST loan from VHFA?
A: A second mortgage up to $5,000 that can be used for down payment and closing costs. ASSIST has:
- $0 closing costs
- 0% interest
- $0 monthly payment
- Repayment occurs when the VHFA first mortgage is refinanced, paid in full, or the property is sold.
Q: How do I start?
A: Contact a VHFA Participating Lender today!
- Get pre-qualified
- Expand your knowledge by taking a home buyer education course
- Start shopping for a home
- Complete your mortgage application
- Close on your new home
A VHFA ASSIST loan is only available from a VHFA Participating Lender, and only a Participating Lender can determine your eligibility and accept your application. Contact a VHFA Participating Lender and ask about VHFA today.
