Virginia Housing SPARC

A sponsor-based program that can reduce the rate on eligible Virginia Housing financing.

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What it can provide

Current SPARC guidelines provide a 1.00% interest-rate adjustment below comparable eligible Virginia Housing rates when a sponsor has an available allocation.

Who it may fit

Eligible primary-residence buyers using qualifying Virginia Housing bond Conventional, FHA, VA or RHS products through a participating sponsor.

Important terms

SPARC is allocation-limited and locality/sponsor specific. It may pair with Plus Second, DPA Grant or CCA Grant when rules permit.

Official program source →