NEW VHDA Income Limits Announced for Loudoun County!

By
Real Estate Agent with Keller Williams Realty | Northern Virginia | 703.635.0388 0225 189802

NEW VHDA Income Limits Announced for Loudoun County! 

 

 

HOMEBUYER LOAN RATES

Fixed

3.875%

4.039% APR

 

FHA Plus

4.125%

4.291% APR

 

   
         

Income and Sales Price / Loan Limits 

New Income Limits

VHDA is pleased to announce increased income limits for Loudoun County, VA. Now, more homebuyers can benefit from our loans and the special features they provide. All of our First-time Homebuyer Loans have maximum income and maximum sales price / loan limits based on the geographic area in which the home is located. Limits listed in the information below apply to the following loans: 30-year Fixed Rate, Conventional, FHA, VA, Rural Development, FHA Plus. VHDA's First-time Homebuyer Loans are limited to borrowers who have never owned a home or who have not owned a home in the past three years, with the exception of Federal Targeted Areas. Higher sales price/loan and income limits are available for properties located in these designated areas. Please review the Federal Targeted Area limits information for specific details.

Effective: 8/3/2011 

Area

Gross Household Income

Maximum Sales Price/Loan Limits

2 or Fewer People

3 or More People

New & Existing Construction

Washington-Arlington-Alexandria MSA

$120,900

$140,000

$450,000

Charlottesville MSA
Richmond MSA
Norfolk-VA Beach-Newport News MSA
Winchester MSA

$87,400

$85,000

$79,600

$72,000

$101,200

$98,400

$92,200

$82,800

$325,000

King George
Culpeper
Rappahanock
Warren
Essex
Louisa

$92,600

$85,000

$79,600

$72,000

$72,000

$72,000

$107,300

$98,400

$92,200

$82,800

$82,800

$82,800

$310,000

Statewide (All areas not listed above)

$72,000

$82,800

$231,700

 

Metropolitan Statistical Area (MSA) Details

Washington-Arlington-Alexandria MSA

Charlottesville MSA

Richmond MSA

Norfolk-Virginia Beach-Newport News MSA

Winchester MSA

Alexandria, Arlington County,
Clarke County, Fairfax,
Fairfax County, Falls Church,
Fauquier County, Fredericksburg,
Loudoun County, Manassas,
Manassas Park, Prince William County,
Spotsylvania County, Stafford County

Albemarle County,
Charlottesville,
Fluvanna County,
Greene County,
Nelson County

Amelia County, Caroline County,
Charles City County, Chesterfield County, Colonial Heights, Cumberland County, Dinwiddie County, Goochland County, Hanover County, Henrico County, Hopewell, King and Queen County, King William County, New Kent County, Petersburg, Powhatan County, Prince George County, Sussex

Chesapeake, Gloucester County, Hampton,
Isle of Wight County,
James City County, Mathews County, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Surry,
Virginia Beach, Williamsburg,
York County

Winchester,
Frederick County

 

Want to know how much "home" you qualify for with today's interest rates?  Give Cindy a call!  

Cindy A. Fox, CMPS

Mortgage Loan Originator

 

12500 Fair Lakes Circle, #130

Fairfax, VA  22033

 

NMLS ID:  251304

Virginia License:          MLO 2599 VA

Maryland License:      MLO 19975

District of Columbia:  MLO 0251304

 

Cell:      703-409-2002 (cell)

Direct:  571-490-7102 (direct)

e-fax:   571-405-2549

 

Apply online:

                www.cindyafox.net

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