There are different options for Down Payment assistance programs.
Some programs are grants – No repayment of funds & others require monthly payments.
Search different Down Payment Assistant Programs
Grant Funds (DPA’s)
These programs have restrictions.
- Areas you can purchase a home.
- Amount of funds available.
- Income restrictions
- credit score requirements
- If you sell the house prior to a certain year, a certain percentage of the funds are required to be repaid.
Repayment of funds Down Payment Assistance Overview
These programs
- Credit score requirements
- Areas you can purchase a home.
- Amount of funds available.
- Income restrictions (Area Median Income) – You cannot make more than a certain amount pending on the size of your household.
