Down payment assistance for Virginia home buyers
Novus Home Mortgage is a Virginia Housing approved lender. I offer Virginia Housing home loans and grants, and we also have our own lender-specific down payment assistance program. Register below and I’ll walk you through what may fit — no pressure, no invented promises.
Loans and grants from Virginia Housing — offered here
Virginia Housing is the Commonwealth’s housing finance agency. As an approved lender, I can originate Virginia Housing first mortgages and help eligible buyers with the agency’s assistance programs. Program names and rules below come from virginiahousing.com; eligibility depends on income, sales price, first-time-buyer status (with exceptions in Areas of Economic Opportunity), credit and the loan type.
Down Payment Assistance Grant
A true grant from Virginia Housing that never has to be repaid. For qualified first-time homebuyers (or repeat buyers purchasing in designated Areas of Economic Opportunity) using an eligible Virginia Housing FHA or conventional bond loan, within income and sales-price limits. It can be paired with other non–Virginia Housing assistance.
Virginia Housing DPA Grant →Closing Cost Assistance Grant
A true grant that never has to be repaid, designed to reduce out-of-pocket closing costs. Available for eligible buyers using a Virginia Housing bond Rural Development (RD) or Veterans Affairs (VA) loan, within income and sales-price limits. It can be paired with other non–Virginia Housing grants.
Virginia Housing CCA Grant →Plus Second Mortgage
A Virginia Housing fixed-rate second mortgage that can help eliminate funds needed for a down payment and keep the total payment affordable. Available for eligible first-time and repeat buyers under Virginia Housing’s standard income limits — useful when grant income limits don’t fit.
Virginia Housing loan options →Virginia Housing first mortgages
Virginia Housing offers conventional, FHA, VA and USDA (Rural Development) purchase loans in bond and non-bond versions. Many of the grants above pair only with specific bond products. I’ll match the first mortgage and assistance option to your situation.
Compare loan options on Virginia Housing →Our own lender-specific DPA
In addition to Virginia Housing, Novus Home Mortgage offers our own lender-specific down payment assistance program. Details depend on eligibility and current program guidelines — register below or call, and I’ll explain what may apply to you without quoting amounts or terms you haven’t been qualified for.
Income and sales-price / loan limits change. See Virginia Housing’s current income, sales price and loan limits. All loans and grants are subject to credit approval, underwriting guidelines, property eligibility and program availability. Equal Housing Lender.
Register to learn more about down payment assistance
Tell me where you want to buy, your timeline and whether you’re a first-time buyer. I’ll follow up to review Virginia Housing options and our lender-specific assistance — and what documents to gather for a real pre-approval.
What happens next
- I’ll confirm whether Virginia Housing or our lender-specific assistance may fit your household and the home you’re considering.
- Some Virginia Housing loans require free homebuyer education — I’ll tell you if that’s on your path.
- When you’re ready, you’ll complete the secure Novus application (not this form).
Buying a primary home around Charlottesville? See the first-time & move-up guide. Looking at a lake or mountain place instead? Start with the Central Virginia guides.
Business cell: 434-443-6557
azemon@novushomemortgage.com
Down payment assistance questions
Is there down payment assistance for home buyers in Virginia?
Yes. Andy Zemon at Novus Home Mortgage is a Virginia Housing approved lender. Virginia Housing’s Down Payment Assistance Grant is a true grant that never has to be repaid for eligible first-time buyers (or repeat buyers purchasing in designated Areas of Economic Opportunity) who use an eligible Virginia Housing FHA or conventional bond loan and meet income and sales-price limits. Virginia Housing also offers a Closing Cost Assistance Grant and a Plus Second Mortgage, each with its own rules. Novus also offers its own lender-specific down payment assistance program. Register at andyzemon.com/down-payment-assistance/ or call (434) 443-6557 to learn more.
Which Virginia Housing programs does Andy Zemon offer?
Andy Zemon at Novus Home Mortgage is a Virginia Housing approved lender and offers Virginia Housing home loan options (including conventional, FHA, VA and USDA/Rural Development products as available through Virginia Housing) along with Virginia Housing’s Down Payment Assistance Grant, Closing Cost Assistance Grant and Plus Second Mortgage for eligible buyers. Eligibility depends on income, sales price, first-time-buyer status (with exceptions in Areas of Economic Opportunity) and the loan type. See virginiahousing.com for current program details, or call Andy at (434) 443-6557.
Does Novus Home Mortgage offer its own down payment assistance?
Yes. In addition to Virginia Housing programs, Novus Home Mortgage offers its own lender-specific down payment assistance program. Availability and terms depend on eligibility and current guidelines. Register to learn more at andyzemon.com/down-payment-assistance/ or call Andy Zemon at (434) 443-6557 — he will explain what may apply without quoting amounts you have not been qualified for.
What loan options do first-time home buyers in Charlottesville have?
Most first-time buyers in Charlottesville and Central Virginia compare conventional loans with government-backed FHA, VA (for eligible veterans and service members) and USDA (for eligible rural areas) loans. Andy Zemon at Novus Home Mortgage is a Virginia Housing approved lender and offers Virginia Housing loans and grants for eligible buyers, plus Novus’s own lender-specific down payment assistance program. The right fit depends on your credit, savings, income and the home, so compare them side by side before you shop.
How do I get pre-approved with Andy Zemon?
Call or text (434) 443-6557, send a request through the contact form on andyzemon.com, or start a secure application through Novus Home Mortgage. Andy will review how you plan to use the property, then tell you what documents to gather before you make an offer.