Overview
West Virginia's housing market offers opportunities for first-time buyers, with a median home price of approximately $145,000. The West Virginia Housing Development Fund (WVHDF) provides the primary state-level assistance through mortgage programs and down payment assistance for qualifying buyers.
The Movin' Up Program is a west virginia housing development fund's key offering for first-time buyers, providing below-market rate 30-year fixed mortgage with down payment assistance. This program is designed to reduce the upfront cost barrier that prevents many qualified buyers from purchasing a home. Buyers must complete a HUD-approved homebuyer education course and work with an approved lender.
State Programs
Movin' Up Program
Below-market rate mortgage with DPAWV Secondary Market Loan Program
Down payment and closing cost assistanceFederal Programs Available in West Virginia
These nationwide programs can be combined with West Virginia state assistance for maximum benefit.
FHA Loan Program
Low down payment mortgageVA Home Loan
Zero down payment mortgageUSDA Rural Development Loan
Zero down payment mortgageTips for First-Time Buyers in West Virginia
The WV Secondary Market Loan Program extends additional support through competitive rates with built-in dpa options. West Virginia has a graduated income tax from 2.36% to 5.12%. Property taxes average about 0.57%. With the second-lowest median home price nationally, WV offers exceptional affordability.
Federal programs complement state offerings in West Virginia. FHA loans require just 3.5% down with flexible credit requirements. VA loans provide zero-down-payment financing for veterans and active-duty military, particularly relevant near rural communities throughout the state. USDA loans offer zero-down-payment options in eligible rural areas, which cover significant portions of West Virginia.
Prospective buyers should compare all available options, as combining state and federal programs can dramatically reduce out-of-pocket costs. Working with a HUD-approved housing counselor can help navigate the application process and identify the best program combination for your situation.
Frequently Asked Questions
For educational purposes only -- not financial or tax advice. Program details, eligibility requirements, and benefit amounts are subject to change. Verify all information directly with the administering agency before applying. Last verified: March 30, 2026.