DOWN PAYMENT ASSISTANCE PROGRAMS
MEET SHAWN AND JEN
- First-time home buyers
- They have low to moderate income
- They want a low-interest mortgage rate
- They need help making their down payment
- Tired of high rent payments
- They need help with closing costs
We make the home-buying
process as smooth as possible
What is a Down Payment Assistance?
First-time homebuyer programs, grants, and loans are available to help people become homeowners. These programs are a form of financial assistance extended to qualified buyers, usually, those who meet certain income restrictions and have strong credit scores. Down Payment Assistance (DPA) is usually provided in the form of a grant or a loan, which is secured as a lien against the property.
Down Payment Assistance Key Takeaways:
- DPA programs vary by state
- Typically have low-interest rates commonly provided in the form of a grant or a loan
- Secured against the property
Down Payment Assistance might be right for you if:
- You need help with your down payment
- You have low to moderate income
- You’re a first-time home buyer
