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| West Virginia First Time Home Buyer |
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West
Virginia
First Time Home Buyer
Special
Programs
West Virginia First Time Homebuyer FHA Program
VA Program
If you served during wartime for at least 90 consecutive days or
during peacetime for at least 181 consecutive days then you are
eligible for the VA Home Loan Program. If you are currently on
active duty then you are eligible for the program after 90 days of
active service. You are also eligible if you are on Reserve, as long
as you have served for at least six years, which can be
non-consecutive and in different branches of the Reserves. The
Reserve branches eligible for the VA Home Loan Program are Army
National Guard, Army Reserve, Air National Guard, Coast Guard
Reserve, Navy Reserve, Marine Corps.
West Virginia USDA Rural Program
Visit USDA website to determine if a specific home is eligible for the program. You will need full address with zip code.
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More people are finding themselves out of work in West Virginia which is
resulting in more foreclosures. Property values haven’t fallen as much as the
rest
of
the country and the $8,000 first time home buyer credit and low interest rates
have boosted the economy. West Virginia has one of the lowest property tax
rates in the country which results in lower mortgage payments. A West Virginia
first time home buyer could purchase a home in a rural area with zero down
payment and get an $8,000 tax credit to decorate and fix up the home. What else
could you ask for? 
Program Opens Doors for a
Fireman, Police Officer, Paramedic, Teacher, Healthcare Worker such as Nurse,
and Military Personnel.
This program features 3% down financing and you receive a $500 credit toward
closing costs. Also, you can have use part-time or overtime income from last 12
months to qualify.