Down payment assistance
Your path to homeownership may include help with upfront costs
Qualified borrowers may have access to programs designed to assist with down payment and eligible closing costs.
How assistance works
Down payment assistance is not one single program
Different programs have different eligibility rules, funding limits, repayment conditions, and approved loan combinations.
Review eligibility
Income, credit, occupancy, purchase price, location, and first-time buyer requirements may apply.
Select an eligible first mortgage
Many assistance programs must be paired with a specific approved first mortgage product.
Understand the assistance terms
Assistance may be structured as a grant, forgivable loan, deferred second mortgage, or repayable second mortgage.
Confirm current funding
Program funding and guidelines can change. Eligibility should be verified before relying on assistance.
Potential benefits
Assistance may reduce the cash needed at closing
Potential help with eligible down payment expenses
Potential help with eligible closing costs
Programs may be available for first-time and repeat buyers
Options may be available with FHA, VA, USDA, or conventional financing
Homebuyer education may be required
Important program considerations
Assistance is not always free money. Some programs use a deferred, forgivable, or amortizing second mortgage. The balance may become due when the home is sold, refinanced, transferred, or no longer occupied as a primary residence.
Never rely on a general website description to determine eligibility. Current program guides and lender requirements must be reviewed.
Request an Eligibility Review