No Down Payment? No Problem. Get Into a Home with DPA Grant Program!
Down Payment Assistance programs can help cover your upfront costs — even if you don’t have perfect credit or a large savings account. Let’s get you on the path to homeownership.
Program Summary
✅ FHA Only
✅ ONE down payment assistance program that you may use nearly nationwide (Not available in WA)
✅ Completely forgivable grant, equal 2% or 3.5% of purchase price
✅ May be combined with up to 6% seller concession for closing cost
✅ No resale restrictions
To be eligible: You must meet only ONE of the four following categories.
✅ First-Time Home Buyer
✅ Current/Retired Employment or Volunteer/Non-Paid Member
✅ The home buyer income — or the combined income of all home buyers on the loan — must be at or below 140% of the state or county median income, regardless of family size.
State/County Income Tool: https://ami-lookup-tool.fanniemae.com/amilookuptool/
✅ If the subject property is in an Underserved Census
Tract. Underserved Census Tract Look up: https://www.consumerfinance.gov/rural-or-underserved-tool/#rural-or-underserved
We walk with you every step of the way – from application to closing.
Program Specifications
✅ 580 Minimum Credit Score
✅ 1-2 Unit Primary Residence
✅ Manufactured Housing: Singlewide, Multi-Wide, MH Condo Projects
✅ DPA Program Grant can be used with FHA, FHA 203(k) Limited and Standard Renovation, FHA Repair Escrow
Your Questions, Answered
Your Key Down Payment Assistance Loan Questions Answered Simply
How much assistance can I get?
DPA is in the form of forgivable grant in the amount of either 2% or 3.5% of the purchase price.
Do I have to pay the money back?
Some programs are grants (no repayment), others are forgivable after a certain number of years, and some are low-interest second mortgages.
What type of Properties can I Purchase?
1-2 Unit Primary Residence
Manufactured Housing: Singlewide, Multi-wide, MH Condo Projects
PUDs
Do I need perfect credit?
Nope. Many programs accept credit scores as low as 580.
Can I use DPA Grant if I’ve owned a home before?
Yes! While many DPA programs are designed for first-time buyers, the definition of "first-time" often includes anyone who hasn’t owned a home in the last 3 years. Some programs are even open to repeat buyers, especially if you're purchasing in a targeted area or fall within income limits.
How long does it take to get approved for down payment assistance?
The approval process usually runs alongside your loan approval and typically adds little to no time to your overall homebuying process. Once we determine which programs you qualify for, we’ll guide you step-by-step to make sure everything moves smoothly and on time.
No cost. No commitment. No impact to your credit.