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  • Fthb Program Application Packet - Prince William County ...

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COUNTY OF PRINCE WILLIAM Dr. A.J. Ferlazzo Building OFFICE OF HOUSING AND 15941 Donald Curtis Drive, Suite 112, COMMUNITY DEVELOPMENT Woodbridge, Virginia 221914217 (703) 7927530 FAX: (703) 792 7393.

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How to fill out the FTHB Program Application Packet - Prince William County online

This guide provides clear and supportive instructions on how to complete the First-Time Homebuyer (FTHB) Program Application Packet for Prince William County online. By following these steps, users will be able to efficiently fill out the necessary forms and prepare for homeownership.

Follow the steps to successfully complete your application.

  1. Click ‘Get Form’ button to obtain the form and open it in the application interface.
  2. Review the FTHB Readiness Self Check included in the application packet to assess eligibility criteria. Ensure all household members are U.S. citizens or qualified aliens and do not have ownership interests in other properties within the last three years.
  3. Complete the FTHB Application Checklist. Make sure to gather and attach all necessary documentation, such as copies of birth certificates, Social Security cards, and employment verification documents.
  4. Fill out the FTHB Application form accurately. Provide personal data for all household members residing together or anticipated to occupy the new home. Ensure to answer all sections, and if an item does not apply, indicate 'N/A'.
  5. Document your income and employment information for each member of the household. Include recent pay stubs, tax returns, and any other income verification as required.
  6. Review the Declarations section thoroughly, ensuring all questions are answered, particularly regarding citizenship status and any past financial issues, such as bankruptcies or foreclosures.
  7. Sign and date the application, ensuring all adult household members understand and agree to the certifications and disclosures provided in the application.
  8. Submit your completed FTHB Program Application Packet. Remember, the application must be mailed or hand-delivered to the Office of Housing and Community Development. No fax or electronic submissions are permitted.
  9. After submitting your application, wait for confirmation from the Office of Housing and Community Development regarding the acceptance of your application.

Complete your FTHB Program Application Packet online today and take the first step toward homeownership!

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The Virginia Housing Development Authority (VHDA), also known as Virginia Housing, offers programs for first-time buyers, including loans, grants, education and other forms of assistance.

Through Virginia Housing, first-time buyers can obtain a mortgage loan, down payment grant, Mortgage Credit Certificate, and a free home buyer education course all in one tidy bundle. You'll need a credit score between 620 to 680 to qualify, depending on the loan type.

The Virginia Department of Housing and Community Development (DHCD) has a down payment assistance program for first-time homebuyers who are at or below 80% of the area median income. Qualifying homebuyers may receive a grant worth up to 15% of their home's purchase price, plus up to $2,500 for closing costs.

How much of a down payment do I need to buy a house in Virginia? Depending on which loan program you use for your first mortgage, you may not need to make a down payment at all. However, even if you do, you'll typically only be expected to put down between 3% and 3.5% of the home's purchase price.

The same goes for the minimum credit score requirements, which start at 620. Homebuyers must also earn less than their local income limit. The good news? If you qualify for this grant, you're also eligible to receive the VHDA Mortgage Credit Certificate.

3 percent down payment (down payment assistance available) 640 minimum credit score for Conventional loan; 660 minimum credit score for Conventional No Mortgage Insurance loan. Maximum 45 percent debt-to-income (DTI) ratio. Amount borrowed can't exceed conforming loan limit.

How much of a down payment do I need to buy a house in Virginia? Depending on which loan program you use for your first mortgage, you may not need to make a down payment at all. However, even if you do, you'll typically only be expected to put down between 3% and 3.5% of the home's purchase price.

What are the steps to buy a house in Virginia? Save for down payment. Get pre-approved for a mortgage. Choose your preferred Virginia neighborhoods. Partner with the right real estate agent in Virginia. Go house hunting. Make a strong offer. Inspections and appraisals. Do a final walkthrough and close.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232