APPLY FOR DOWN PAYMENT ASSISTANCE

Down Payment Assistance programs are available to help cover all or part of the down payment and or closing cost associated with purchasing a home. There are different types of down payment assistance available; some are forgivable grants, silent second mortgages, or second mortgages. These programs can be local to the city/county/state or national programs.

Highlights of an Down Payment Assistance

Reduced Down Payment

They are can reduce or eliminate the buyers down payment.

Reduced Closing Costs

Some can cover all or some of the additional closing costs.

Flexible Repayment Options

Some have no repayment after a certain length of time, while others you pay back when you sell or refinance.