Assistance is program-specific
Eligibility can depend on location, income, household size, property, occupancy, loan type and other requirements.
LOWER THE UPFRONT HURDLE
Down Payment Assistance
Down-payment and closing-cost assistance programs may help eligible buyers reduce the amount of cash needed at closing.
Apply Now ↗It is not always “free money”
Some assistance may be a grant; other programs may involve a second mortgage, repayment terms, forgiveness rules or shared appreciation.
Pairing matters
The assistance program must work with the first mortgage and property. A mortgage review can help identify compatible options.
Budget for more than the down payment
Inspections, appraisal, prepaid items, reserves and moving expenses can still affect your total homebuying budget.
Start early
Program funding and requirements can change. Review options before writing an offer whenever possible.