The Down Payment Assistance Grant is a true grant, meaning you never need to repay it. It can be paired with other non-Virginia Housing assistance.How much down payment is required? No down payment is typically required. Governmentbacked loans, including FHA and VA loans, have lower down payment requirements than conventional loans. That will take care of your down payment. The USDA loan and the VA loan are two popular options that allow eligible buyers to buy a house with no money down. VA loans do not require a down payment. However, you will need to pay closing costs. The page you are looking for has been updated.