Do I have to be a first-time buyer for VA Plus Second Mortgage?

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

Is there an income limit?

Yes. The listed income limit is 120% AMI.

What credit score does VA Plus Second Mortgage list?

The listed minimum credit score is 660.

VA Plus Second Mortgage

VA Plus Second Mortgage is a amortizing 2nd 6% 25-yr from Virginia Housing. Available statewide in Virginia. Up to $30,000 toward a home purchase. First-time buyer status is not required. Income limit: 120% AMI.

Up to $30,000

Listed as open as of May 2026

Available statewide in Virginia.

First-time buyer	Not required
Income limit	120% AMI
Minimum credit score	660
Maximum DTI	52%
Homebuyer education	Required (HFA-approved (Framework, eHome, NeighborWorks, etc.))
Occupations	Statewide VA
Property types	SFR, condo
Occupancy	Owner-occupied primary
Eligible loan products	Conv
Sales price cap	$450K
Repayment	6% amortizing 25-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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