Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
First-time homebuyers purchasing in Arlington County, Moderate-income Arlington County buyers
What support do you get?
Current Arlington County materials say MIPAP offers a deferred-payment, 0% second loan up to 25% of purchase price, capped at $112,500.
Do you repay it?
Current Arlington County materials say there are no interest charges or monthly payments. When the buyer sells or refinances, the County is owed the original loan amount plus a proportionate share of net appreciation, capped at 25% of the appreciation amount.
How do you apply?
Use a Virginia Housing approved lender for the required first mortgage, meet current Arlington income and purchase-price limits, bring at least 1% down, and submit the county preapproval package. Arlington says applications are first-come, first-served, subject to available funding, and can take up to 60 days for review.
Application timing
Arlington says applications are first-come, first-served, subject to available funding, and can take up to 60 days for review.
Official source evidence
Current Arlington County materials say MIPAP is OPEN and offers a deferred-payment, 0% second loan up to 25 percent of purchase price with a maximum loan amount of $112,500. The current fact sheet and preapproval packet add a 660 minimum credit score, 45 percent maximum debt-to-income ratio, 1 percent minimum down payment, first-come first-served processing, and a review window of up to 60 days.
View official source
Last verified
2026-04-23
Effective date not captured.
Paid preview
What paid access adds for Moderate-Income Purchase Assistance Program (MIPAP)
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
Moderate-Income Purchase Assistance Program (MIPAP)
Amount: Current Arlington County materials say MIPAP offers a deferred-payment, 0% second loan up to 25% of purchase price, capped at $112,500.
Repayment: Current Arlington County materials say there are no interest charges or monthly payments. When the buyer sells or refinances, the County is owed the original loan amount plus a proportionate share of net appreciation, capped at 25% of the appreciation amount.
First-time buyer: Required
Timing: Arlington says applications are first-come, first-served, subject to available funding, and can take up to 60 days for review.
Risk checks preview
What gets flagged before you call a lender
- Moderate-Income Purchase Assistance Program (MIPAP) requires a participating lender.
- Moderate-Income Purchase Assistance Program (MIPAP) must be paired with a specific first mortgage.
Lender questions preview
Questions tied to this exact path
- Is your team approved to originate Moderate-Income Purchase Assistance Program (MIPAP) for this household and loan setup?
- Which first-mortgage product must be paired with Moderate-Income Purchase Assistance Program (MIPAP), and what breaks eligibility?
Action checklist preview
What you would do next
- Confirm the first-time buyer definition before you apply
- Review the official Program page for Moderate-Income Purchase Assistance Program (MIPAP)
