We have partnerships with lenders who offer a variety of Down Payment Assistance (DPA) programs to help make homeownership more accessible.

Below is an overview of some of the programs offered:

Key Features:

Income Documentation: Full documentation required for all programs
Loan Terms Fixed-rate options available (25 or 30 years depending on the program)
Credit Score Requirements: Minimum credit scores range from 580 to 640, depending on the program.
Loan Amounts: Minimum loan amounts start at $50,000, with maximums based on county limits.
Down Payment Assistance: Assistance ranges from 3.5% to 5%, with forgivable and repayable options available.
Occupancy: All programs require primary residence occupancy.
First-Time Homebuyers: Allowed but not required for most programs.
Eligible Borrowers: U.S. citizens, permanent and non-permanent resident aliens, DACA recipients, and non-occupant co-borrowers (varies by program)
Property Types: Single-family homes, condos, PUDs, manufactured homes (doublewide only), and more.

Homeownership Education: Required for most programs, with HUD-approved courses accepted.
No Income Limits: Some programs have no income limits, while others are based on Area Median Income (AMI) or State Median Income (SMI).
Concurrent Homeownership: Allowed under specific guidelines.
RestrictionsL Certain state restrictions apply (e.g., not eligible in Washington or New York for specific programs).

Forgivable DPA Terms: 30-year term with 0% interest and no payments required.
Repayable DPA Terms: Fully amortizing loans with monthly payments required.
Buydowns: Availalbe for select programs to reduce initial monthly payments.