Summary answer: Yes — Virginia Housing's Down Payment Assistance (DPA) Grant offers 2.5% of purchase price (FHA) or 2.0% (Conventional) that doesn't need to be repaid, with a $500,000 sales price cap that covers the vast majority of Woodbridge's inventory, given the area's own median sits at or below that threshold.
I'm Johnny with JQ Real Estate. Here's how these programs actually apply to Woodbridge specifically.
The DPA Grant, and why it fits Woodbridge so well
| Program | Assistance | Sales Price Cap |
|---|---|---|
| DPA Grant | 2.5% (FHA) or 2.0% (Conventional), no repayment | $500,000 |
Why this cap covers nearly all of Woodbridge
Given Woodbridge's median price runs $460,000–$505,000, the DPA Grant's $500,000 cap genuinely covers most local inventory — a better fit here than in higher-priced NOVA markets.
Basic eligibility requirements
- First-time buyer status — no homeownership in the preceding three years
- Minimum credit score of 620
Find out what you actually qualify for
Reach out and I'll connect you with a lender who specializes in DPA programs for Woodbridge buyers.
For more Woodbridge buyer and seller questions, visit our Woodbridge real estate hub.