Down Payment Assistance

SPECIFICS

• Down Payment Assistance (DPA) programs may be available in conjunction with eligible Conventional, FHA, VA, and USDA loan programs, subject to the requirements of the applicable assistance program and first mortgage.
• Borrowers must meet the qualification requirements of both the applicable mortgage loan program and the Down Payment Assistance program.
• Credit score requirements vary by program, borrower qualifications, and applicable lender or investor guidelines.
• The amount and type of assistance available vary by program and may be provided as a grant, forgivable loan, deferred-payment loan, or other approved form of secondary financing.
• Program funding, eligibility requirements, terms, and availability are subject to change and may vary by location.