Are you dreaming of owning your own home? The Virgin Islands Housing Finance Authority (VIHFA) has several programs that can help you make your dream a reality. Since 1984, VIHFA has been providing low to moderate income families in the US Virgin Islands with the opportunity to become first-time homeowners. The main focus of the VIHFA HOME Program is to offer financial assistance to those who are looking to purchase or build their first home. Eligible families can qualify for low-interest loans and grants that can help them make their dream of homeownership a reality.
This program is designed to help those who may not have the financial means to purchase a home on their own. The VIHFA HOME Program offers a variety of incentives and programs for first-time homebuyers. These include down payment assistance, closing cost assistance, and mortgage credit certificates. The program also offers special incentives for veterans, teachers, and public safety personnel.
In addition to the HOME Program, VIHFA also provides other programs that can help first-time homebuyers. These include the Homeownership Assistance Program, which provides grants to assist with down payments and closing costs; the Home Improvement Loan Program, which provides loans for home repairs; and the Home Equity Conversion Mortgage Program, which allows seniors to convert their home equity into cash. If you are a first-time homebuyer in the US Virgin Islands, there are many incentives and programs available to help you realize your dream of homeownership. The VIHFA HOME Program is designed to provide financial assistance to those who may not have the means to purchase a home on their own. In addition, there are other programs that can help with down payments, closing costs, and home repairs.
