We work with down payment assistance programs that may help eligible borrowers cover some or all of their required down payment and, depending on the program, certain closing costs.

Available Options May Include

• Down payment grants

• Forgivable assistance

• Deferred-payment assistance

• First-time homebuyer programs

• FHA and Conventional DPA options

Typical Qualifications

• Some programs begin around 640 credit

• Income limits may apply

• Purchase-price limits may apply

• Geographic and occupancy requirements vary

Program Highlights

• 2% grant toward the purchase price

• Covers a substantial portion of the FHA 3.5% down payment

• Grant funds do not require repayment

• No second monthly mortgage payment for the grant

• FHA eligibility and program requirements apply

Great For: Buyers who can afford the monthly mortgage payment but want to keep more money in the bank.

We work with down payment assistance programs that may help eligible borrowers cover some or all of their required down payment and, depending on the program, certain closing costs.

Available Options May Include

• Down payment grants

• Forgivable assistance

• Deferred-payment assistance

• First-time homebuyer programs

• FHA and Conventional DPA options

Typical Qualifications

• Some programs begin around 640 credit

• Income limits may apply

• Purchase-price limits may apply

• Geographic and occupancy requirements vary

Program Highlights

• 3.5% grant toward the purchase price

• Covers all of the FHA 3.5% down payment

• Grant funds do not require repayment

• No second monthly mortgage payment for the grant

• FHA eligibility and program requirements apply

Great For: Buyers who can afford the monthly mortgage payment but want to keep more money in the bank.

3% Down Conventional Program

Eligible borrowers can purchase using a Conventional mortgage with a 3% down payment and receive down payment assistance toward the transaction.

Program Highlights

• Conventional financing

• 3% down payment program

• Down payment assistance available

• DPA portion requires repayment

• Eligibility and repayment terms vary by program

For borrowers who benefit from a larger down payment structure, we also offer a 5% down Conventional DPA program.

Program Highlights

• Conventional financing

• 5% down payment program

• Down payment assistance available

• DPA portion requires repayment

• May provide additional Conventional financing options depending on borrower qualifications