HAMPTON ROADS, VA— According to the National Association of Home Builders, nearly 75% of households cannot afford a median-priced new home. If you are a first-generation home buyer, you may qualify for a program called “First Home Dream.” It helps buyers who qualify to reduce the interest rate on an eligible Virginia Housing mortgage loan by a full two percent.
It's a great program that Business Development Officer, Gigi Houchins broke down for our Coast Live audience.
Presented by: Virginia Housing
