- Down Payment Assistance Programs
These loan programs are designed for borrower who would like to buy a home but do not have access to the necessary down payment to do so. This programs are income restricted and some are also location restrictive. Income restrictions vary per county.
The way down payment assistant programs (DPAs) work is that a borrower is given a higher than market interest rate in exchange for the down payment funds. The programs that we offer provide these funds as a grant that is not required to be paid back. DPA programs are paired up with an FHA, Conventional, USDA or VA mortgage.