Fairfax County Down Payment Loan

Fairfax County Down Payment Loan es un préstamo de plusvalía compartida para compradores de vivienda en Condado de Fairfax, Virginia, a cargo de Fairfax County Department of Housing and Community Development (HCD) / Fairfax County Redevelopment and Housing Authority (FCRHA). The Fairfax County Down Payment Loan is a 0% interest, deferred-payment loan of up to $50,000 administered by the FCRHA through HCD, designed to help first-time homebuyers at or below 80% AMI purchase a home in Fairfax County. The loan must be paired with a Virginia Housing first mortgage and includes a shared equity repayment component: upon payoff the borrower repays principal plus an equity share. Distinct from the Fairfax County ADU/WDU resale program; cannot be used to purchase ADU or WDU units. Funds are limited and first-come, first-served. 0% interest deferred second mortgage. Up to $50,000 in down payment assistance. No monthly payments. Subordinate/last lien position. Stackable with other grants and loans. May reduce first mortgage principal, pay closing costs/points, or buy out PMI.

Fairfax County Down Payment Loan ofrece hasta $50,000 de ayuda. El programa se puede combinar con Other loans or grants (loan takes last position); Virginia Housing programs including DPA grant. Los montos son los máximos publicados por el programa, no una oferta: Fairfax County Department of Housing and Community Development (HCD) / Fairfax County Redevelopment and Housing Authority (FCRHA) determina cualquier ayuda individual.

Fairfax County Down Payment Loan es un préstamo de plusvalía compartida y se reembolsa según los términos que fija Fairfax County Department of Housing and Community Development (HCD) / Fairfax County Redevelopment and Housing Authority (FCRHA). El reembolso se activa por Sale, transfer, cash-out refinance, or cessation of primary residence; may be paid off at any time. No monthly payments. Cash-out refinances not allowed; rate-and-term refinance of senior loan permitted. La ayuda se registra con un gravamen en posición Subordinate (last position; deed of trust recorded against property). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Fairfax County Down Payment Loan está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: All household members must not have had any ownership interest in a home in the last three years. Se requiere un curso de educación para compradores de vivienda, a través de Virginia Housing Orientation (in-person or self-guided virtual) required; HUD-certified Housing Counselor one-on-one session required before closing. Requisito de residencia: Must purchase property in Fairfax County. Applicant may live or work in Fairfax County. Ciudadanía o situación migratoria: Must be a US Citizen or Permanent Resident of the United States (per application declarations). Pilot program; funds limited, first-come first-served. Applicant cannot be under contract when applying. Pre-approval valid 4 months (2-month extension with ratified contract). Cash-out refinances prohibited. Cannot be used for ADU/WDU. assistance_type set to shared_appreciation to reflect the equity-share obligation. No published minimum credit score or DTI; Virginia Housing mortgage standards apply. Distinct from Fairfax County Homeownership Program (ADU/WDU resale).

Fairfax County Down Payment Loan limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. 2026 HUD 80% AMI limits by household size: 1-person $91,750; 4-person $131,100; 8-person $173,050. El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Fairfax County Down Payment Loan se puede usar para Single Family, Condo y Townhouse. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Fairfax County Down Payment Loan atiende a compradores de vivienda que compran en Condado de Fairfax, Virginia.

Las solicitudes de Fairfax County Down Payment Loan se tramitan a través de Fairfax County Department of Housing and Community Development (HCD) / Fairfax County Redevelopment and Housing Authority (FCRHA), que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.