Fixed Rate	3.625%	3.786% APR
FHA Plus	3.875%	4.039% APR
Homebuyer Tax Credit Plus First	3.875%	4.039% APR

Homebuyer Frequently Asked Questions

	Answer
Can I get pre-approved for a mortgage before finding a home? ‎(1)
Do you refinance loans for current homeowners? ‎(1)
Does VHDA have programs for buyers with credit issues? ‎(1)
How do I apply for a VHDA mortgage? ‎(1)
How do I contact VHDA's Homeownership Area? ‎(1)
How do I find a VHDA lender? ‎(1)
How do I register for a Homeownership Education class? ‎(1)
How long does the mortgage process take? ‎(1)
Is a home inspection required for a VHDA-financed property? ‎(1)
Is the seller required to pay any of the closing costs for VHDA mortgages? ‎(1)
What are points? ‎(1)
What are the eligibility requirements for VHDA loans? ‎(1)
What are the income limits for VHDA programs? ‎(1)
What are the maximum loan limits for VHDA loans? ‎(1)
What information will I need to apply? ‎(1)
What is an Annual Percentage Rate (APR)? ‎(1)
What is Private Mortgage Insurance (PMI)? ‎(1)
What is the Recapture Tax? ‎(1)
What makes up a monthly mortgage payment? ‎(1)
What mortgage loans does VHDA have available? ‎(1)
Where can I find VHDA's current interest rates? How often do these rates change? ‎(1)