Do I have to be a first-time buyer for VA Conv DPA?

No. The program does not require first-time buyer status.

Is there an income limit?

Yes. The listed income limit is 100% AMI.

What credit score does VA Conv DPA list?

The listed minimum credit score is 640.

VA Conv DPA

VA Conv DPA is a deferred 2nd 0.5% 20-yr from Virginia Housing. Available statewide in Virginia. Up to $25,000 toward a home purchase. First-time buyer status is not required. Income limit: 100% AMI.

Up to $25,000

Listed as open as of May 2026

Available statewide in Virginia.

First-time buyer	Not required
Income limit	100% AMI
Minimum credit score	640
Maximum DTI	51%
Homebuyer education	Required (HFA-approved (Framework, eHome, NeighborWorks, etc.))
Occupations	Statewide VA
Property types	SFR, condo, townhome
Occupancy	Owner-occupied primary
Eligible loan products	Conv
Sales price cap	$400K
Repayment	0.5% deferred 20-yr
Stacking	Conv only

Source Virginia Housing·official program page·Listed May 2026

Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.

Provider: Virginia Housing · program details at the provider’s site.

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