Posted by John Scott Smith on Tue, Oct 20, 2009 @ 02:22 PM
One of my "pet projects: in this blog is to keep everyone apprised of the states that still allow down payment assistance, and, until it expires (currently scheduled for November 30, 2009) the First Time Home buyers tax credit to be applied toward down payment for FHA mortgages.
As of this writing, Virginia allows the eight thousand dollars ($8,000) First Time Home Buyers tax credit to be used toward or as the three and one half percent (3.5%) down payment required for FHA mortgages.
Details are all outlined on the VA Housing Authority's page, here.
While I'm happy to be able to report on this, I learned of it through an online discussion, and it was brought to my attention by another one of the participants.
I will continue to add more details as they develop.
Please, feel free to add comments if you have
additional information, and, especially any links
providing official additional information.