Yes. Buyers must present a Certificate of Completion of the Virginia Housing Development Authority (VHDA) Homebuyer Education class prior to settlement. The class is offered statewide, but may also be taken online at no cost. Find out more from VHDA.
Buyers will also need to attend the county’s HomeCents post-settlement seminar within 6 months of closing and submit your certificate to the Housing Finance Specialist. This seminar provides valuable information that will help them transition into homeownership. They will receive a large packet at no cost with lots of great resources to assist them along the way. They may also take this prior to settlement if desired. Find out more here.
Buyers must pay a $200 service fee at closing. This fee cannot be financed. Non-payment of this fee will cause settlement to be delayed. They may pay the fee at settlement with a check, money order, or cashier’s check made payable to County of Loudoun. They will just leave the check with the title company and it will be sent it to us with the closing package.