Down Payment Assistance

Eligibility criteria vary by program, but common qualifications include:

• First-Time Homebuyers:

  Many programs target first-time buyers who haven't owned a home in the past three years.

• Low- to Moderate-Income Borrowers:

  Income limits are often set to ensure assistance reaches those who need it most.

• Specific Professions or Demographics:

  Some programs target specific groups, such as teachers, firefighters, veterans, or minority communities.

• Credit Requirements:

  Minimum credit scores may apply, although some programs offer flexibility.

• Assistance Amounts Vary:

  The amount of assistance varies widely by program and location. It can range from a few thousand dollars to a percentage of the home's purchase price.

Potential Considerations:

Limited Availability:

Programs may have limited funding or geographic restrictions.

Additional Requirements:

Some programs may require homebuyer education or specific loan types.

Higher Interest Rates:

In some cases, you may qualify for a slightly higher interest rate when using down payment assistance.

Documentation:

Income Verification:

Pay stubs, W-2s, tax returns, etc.

Asset Statements:

Bank statements, investment accounts, etc.

Credit Report:

Lenders will review your credit history.

Other:

Specific programs may have additional requirements.

Our Expertise:

In-depth knowledge of DPA programs:

We can guide you to the right options for your situation.

Personalized Assistance:

We'll help you navigate the application process and maximize your chances of approval.

Commitment to Affordable Homeownership:

We're dedicated to helping you overcome financial barriers and achieve your homeownership dreams.