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Loading...The goal of Down Payment Assistance Programs (DAP) is to make it easier for eligible home buyers applicants to buy a home by providing assistance with down payment, closing costs and, when required, rehabilitation costs. These home ownership programs’ goal is to make it easier to access to home-ownership for low-income families and families living in expensive neighborhoods.
This guide is divided in 3 section to help you learn more and get the money needed for your house down payment.
Buying a home is a big investment, often the biggest you’ll ever do. It’s also often the biggest dream you may have. Many organizations have first-time homeowners buy their first home. We created this down payment assistance guide for you.
Down Payment Assistance programs are now managed by the States Housing Agencies and local organizations. Their eligibility requirements is usually very broad as long as your income is below your local income limits or income average. You usually often have to be below a specific debt-to-income ratio to be eligible for first-time homebuyer programs.
There are 4 main types of programs:
1- Grants: They’re “gifts” you don’t have to repay. Some down payment assistance grant program comes with an interest rate a little higher (which end up covering its cost).
2- A loan, in the form of a second mortgage, that you have to repay along with your first mortgage.
3- A loan: in the form of a second mortgage, that will be forgiven after a set number of years, 5, 10, 20. You usually only have to repay it if you sell your home, refinance it or finished paying your first mortgage.
4- A loan: in the form of a second mortgage, with postponed payment until you sell your home.
The second mortgage can sometime be interest free, a discounted rate, and sometime a little higher rate. Each programs with a second mortgage varies.
Most down payment programs require the buyer to take an homebuyer education of 1 to 3 hours of length.
Also, most down payment assistance programs work with FHA and VA loans.
No. Down payments programs are mostly for first-time buyers, but some programs are also for repeat buyers. The definition of first-time home buyer according to HUD is defined as an individual or his or her spouse who have not owned a home prior to the ADDI funding for the past 3 years.
This is really a case by case for each program. Some down payment assistance programs allow you to use the money for your closing cost too. Some other prohibit you to use down payment assistance money for closing cost. Read your down payment assistance information well to see if closing cost can be covered or not.
The amount of down payment assistance vary greatly: usually the area with expensive real estate will provide a higher down payment assistance amounts.
Our recent study found the amount usually vary between $15,000 and $20,000. The average amount at closing is $6,000 and another $12,000 during the length of your loan.
In general every down payment assistance programs will request you obtain your loan with an approved lender. In some cases, you will also have to sign a loan for a specific mortgage type from your loan officer. That been said, the mortgage tied to your down payment assistance funding is usually very flexible. After all, the goal is to help you obtain your mortgage and buy your home.
Yes, in general down payment assistance programs are available in rural counties through USDA loan. The USDA mortgage’s programs offers 100% financing (which mean you don’t need a down payment).
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The ADDI is geared towards low income families, individuals and minorities trying to purchase their first home by assisting with the initial up-front fees of down payment, closing costs and repairs.
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Housing Choice Voucher let you use your section 8 funds toward a downpayment and closing cost when you buy a home. Its goal is to help and incentive to encourage residents of public housing to buy their first home. One of the strategies is the possibility of converting your rent into mortgage payments.
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For non-profit organization that support the development of housing for low income individuals and families. Potential homeowners must invest through sweat equity to obtain ownership.
Down payment assistance programs can be found in the states, counties, and cities below.
We recommend you first contact your prefered lender to see if they’ve a program available. Then you can go look at your city and county level. Local organizations sometime have their own programs to help and get the latest information about down payment assistance programs in your area.
We strive to maintain the list below updated but programs policies can change. We recommend you use this list as a basis for your search. There may also be new programs as we speak so the best thing is to call your state, city and local organizations to find out the latest and most current.
Alabama has a few down payment assistance programs for first time homeowners offered by the organization, cities and counties below.
“Step Up”: programs offers a program in 2 part. The 3% down payment is a 10 year 2nd mortgage and your main mortgage will have a 30 year term. Loans must be taken through AHFA’s loans or a FHA loan. You must make less than $97,300, have a credit score over 620 and 45% or lower debt to income.
Affordable Income Subsidy Grant: HFA Advantage product can provide to eligible homebuyers a grant for closing costs in the amount of $2,500 if you’re below 50% of the area median income or $1,500 if you’re between 50% and 80% of the area median income.
Birmingham, Decatur, Huntsville, Mobile, Montgomery, Prichard.
Jefferson, Mobile.
Learn also about Federal programs and common questions.
Provide funding to organizations (see below) offering down payment assistance and closing cost programs.
North Pacific Rim Housing Authority, North Pacific Rim Housing Authority, Alaska Community Development Corporation, Fairbanks Neighborhood Housing Services (FNHS), Interior Regional Housing Authority (IRHA), Alaska Community Development Corporation (ACDC), Ketchikan Indian Community Housing Authority.
NeighborWorks Alaska: Provide help with down payment assistance.
Anchorage, Cook Inlet Housing Authority, Fairbanks Neighborhood Housing Services.
Pathway to Purchase is a down payment assistance program providing 10% of cost up tp $20,000 in the following cities only: Bull Head City, Casa Grande, Glendale, Green Valley, Kingman, Phoenix, Rio Rico, Sahuarita, Sierra Vista, Tucson, Vail, Yuma.
HOME PLUS: is a statewide down payment and closing cost programs offering up to 5% loan taking with the Home Plus loan.
El Mirage, Gilbert, Mesa, Phoenix, Peoria, Pima County, Surprise.
Learn also about Federal programs and common questions.
Arkansas offers a statewide down payment assistance for eligible first time homeowners.
Provide up to $10,000 for down payment and closing cost assistance. This is a second mortgage with a 10-year term.
Dream Down Payment Initiative (ADDI) provides low income homebuyers up to 10% of the purchase price of their home, up to a maximum of $10,000. It’s a second mortgage loan with no monthly payment that is forgivable over five years.
Jacksonville, Jonesboro, Little Rock, Pine Bluff.
California have a down payment assistance program for first-time homeowners.
MyHome Assistance Program is a deferred-payment junior loan of an amount up to the lesser of 3.5% of the purchase price or appraised value to assist with down payment and/or closing costs.
School Teacher and Employee Assistance Program (School Program) offers a junior loans are up to 4% of the purchase price, and can only be combined with an eligible CalHFA first mortgage loan.
Alameda County, Amador County, Fresno County, Kern County, Kings County, Merced County, Monterey County, Orange County, Riverside County, Sacramento County, San Bernardino County, San Diego County, San Francisco County, San Joaquin County, San Mateo County, Tuolumne County, Yuba County.
Apple Valley, Belmont, Carlsbad, Chula Vista, Clovis, Corcoran, El Cajon, El Centro, Emeryville, Escondido, Fresno, La Mesa, Menlo Park, Modesto, Oakland, Paradise, Pittsburg, Porterville, Redding, Richmond, Riverside, Santee, San Diego, San Jose, San Pablo, Shasta Lake, Sonora, Tulare, Turlock, Vallejo, Vista.
Learn also about Federal programs and common questions.
Colorado have 2 down payment assistance programs covering all of the state.
Offer a down payment assistance grant providing up to 3 percent of your first mortgage. No repayment required.
Provides low-interest loans, flexible loans to low and moderate income first time home buyers for down payment and closing cost assistance throughout Colorado.
Offers a Down Payment Assistance Loan (2nd mortgage) with loan amounts range between $3,000.00 – $10,000.00, interest rate matching your first mortgage with a ten year term.
Aurora, Boulder, Commerce City, Denver, Fort Collins, Greeley, Longmont, Loveland, Pueblo, Wheat Ridge.
Adams County, Arapahoe County, Bent, Crowley and Otero counties, Boulder County, Cheyenne, Elbert, Kit Carson and Lincoln counties, Delta, Montrose and San Miguel Counties, Douglas County, La Plata, Montezuma, Archuleta, san Juan and Dolores County, Eagle County, El Paso County, Grand County, Huerfano and Las Animas Counties, Larimer County, Logan, Morgan, Phillips, Sedgewick, Yuma and Washington counties, Weld County.
Connecticut has one state wide down payment assistance program and the organizations and cities below can help you. Contact them and your local housing authority.
Has one state wide down payment offering least $3,000, in the form of a loan, but no more than the minimum down payment required for your home, which is usually between 3% and 3.50%
Have 5 different down payment assistance help for new homeowners. To learn about each programs details consult their site.
Bridgeport, Fairfield, Farmington, Greenwich, Hamden, Hartford, Manchester, Meriden, Middletown, New Haven, Norwalk, Stamford.
Learn also about Federal programs and common questions.
Delaware has one state wide down payment assistance and closing cost programs.
Provides a no-interest second mortgage loan of 2 percent to 5 percent of your mortgage amount. The amount can be applied toward down payment or closing costs. The loan will have to be repaid when you sale, transfer, or refinance your home. The same principle apply when it’s no longer your primary residence.
New Castle.
Wilmington.
Offers 3 different down payment assistance programs.
Home Purchase Assistance Program (HPAP): Provides interest-free loans and closing cost assistance to qualified applicants with a maximum of $80,000 in financing assistance and an additional $4,000 in closing cost assistance.
Employer Assisted Housing Program (EAHP): Offers eligible District government employees a deferred, 0% interest loan and a matching funds grant for down payment and closing costs to purchase their first single-family home, condominium, or cooperative unit. No payments are required until the property is: (1) is sold or transferred; (2) no longer occupied as principal residence; or (3) refinanced with cash out.
Negotiated Employee Assistance Home Purchase Program (NEAHP): Certain government employees, whose position is covered by a collective bargaining agreement, can apply for down payment and closing costs assistance to use towards the purchase of primary residence in the District of Columbia. The assistance ranges from $3,000 to $26,500 and is provided in the form of a grant that is forgiven after ten years as long as the employee meets the terms of the grant agreement.
Have a Home Purchase Assistance Program providing down payment and closing cost assistance in the form of a deferred interest free loan to first-time homebuyers falling within the very low and moderate income levels.
Learn also about Federal programs and common questions.
Florida has 2 state wide down payment assistance and closing cost programs for first-time homeowners, plus 1 programs for specific counties.
Have the 3 programs below.
Hurricane Michael Recovery Loan Program: Provides up to $15,000 in down payment assistance and to cover closing cost. It’s available in the following counties: Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Taylor, Wakulla, Washington.
Florida Assist (FL Assist): This a 2nd mortgage 0% interest deferred loan up to $7,500.
3% and 4% HFA Preferred Grants: Is a non-repayable grant of 3% or 4% of the purchase price of the home being purchased.
Florida Homeownership Loan Program (FL HLP) Second Mortgage: This is a 2nd mortgage eligible for a down payment up to $10,000 with a rate of 3% and a 15-year term.
Alachua, Baker, Bay, Bradford, Brevard, Broward, Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, De Soto, Dixie, Duval, Escambia, Flagler, Franklin, Gadsden, Gilchrist, Glades, Gulf, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Holmes, Indian River, Jackson, Jackson, Lafayette, Lake, Lee, Leon, Leon, Levy, Liberty, Madison, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okaloosa, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Santa Rosa, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Suwannee, Taylor, Union, Volusia, Wakulla, Walton, Washington.
Georgia offer a statewide down payment assistance program.
“Georgia Dream Homeownership Program” provides, among other things, down payment assistance.
County of Clarke, County of Clayton, County of Cobb, County of DeKalb, County of Fulton, County of Gwinnett, County of Muscogee, County of Richmond.
Albany, Athens – Clark County, Atlanta, Augusta – County of Richmond, Columbus – County of Muscogee, Macon, Savannah.
Learn also about Federal programs and common questions.
Hawaii has no statewide down payment assistance program. But some counties and the city below can help you.
Doesn’t provide down payment assistance.
Guam, Hawaii Island, Kauai, Maui, Oahu.
Honolulu
Idaho have a state down payment assistance program plus some cities also do and can help you. Contact them and your local housing agency.
Have 2 different down payment assistance programs. See below.
Second Mortgage: used for closing cost and down payment to the maximum of 3.5% of the sale price. The loan is 5% over 10 years.
Forgivable Loan: offers a maximum of 3.5% of the sale price and is forgivable after 7 years.
Boise, Nampa.
Learn also about Federal programs and common questions.
There’s a down payment and closing cost assistance up to $10,000.
Madison, McHenry, Cook, DuPage, Lake, St. Clair, Urbana, Will County.
Aurora, Champaign, City of Chicago, Decatur, DuPage, DeKalb, Joliet, Kankakee, Lake County, Moline, Mount Prospect, Normal, Rockford, Springfield, Village of Oak Park, City of Aurora, Urbana.
The state of Indiana has 2 statewide down payment and closing cost programs plus some counties and cities below have their own.
Indiana Home Solution (IHS): offer, among other things, a downpayment assistance in the form of a 2nd mortgage worth up to 6% of the purchase price.
Helping To Own (H2O): is a 3.5% grant who doesn’t need to be repaid.
Anderson, Bloomington, Columbus, East Chicago, Elkhart, Evansville, Fort Wayne, Hammond, Indianapolis Lafayette/ West Lafayette, Mishawaka, Muncie, South Bend, Terre Haute.
Learn also about Federal programs and common questions.
The state of Iowa has 2 down payment assistance programs covering the whole state. The housing authorities of the counties and cities below have their own.
Offer “FirstHome” which give homebuyers 2 options: “FirstHome Plus Grant”: $2,500 or loan up to $5,000 (maximum 5% of the home purchase price). The 2nd programs is named “FirstHome” and had the same benefits: 2,500 or loan up to $5,000 (maximum 5% of the home purchase price).
Council Bluffs, Iowa City, Oskaloosa, Sioux City, Waterloo, Wright County.
The state of Kansas have 1 state wide down payment assistance program.
The “First Time Homebuyer Program” provides down payment assistance.
Lawrence, Leavenworth, Topeka.
Learn also about Federal programs and common questions.
The state of Kentucky has a few down payment assistance programs provided by the organizations below. The cities and counties below have their own program and you should contact their housing agency.
Have 3 different down payment assistance programs. The Christian County program is a $10,000 2nd mortgage foregiveble after 5 years. The “Regular DAP” is a loan up to $6,000 repayable over a ten-year term at 5.50%. The “Affordable DAP” provides assistance up to $6,000 repayable over a ten-year term at 1%.
Ashland, Bowling Green, Elizabethtown, Hopkinsville, Lexington, Louisville, Owensboro.
Louisiana has a few down payment assistance programs. The housing authorities of the counties and cities below also have their own programs. To see if you qualify contact those departments.
HOME MRB PROGRAM: provides a down payment and closing cost assistance ranging between 5% to 9% depending on the loan amount.
MORTGAGE REVENUE BOND ASSISTED PROGRAM: provides sown payment and closing costs assistance coming in the form of a soft-second mortgage that is equal to 4% of the mortgage amount.
Alexandria, Baton Rouge, Kenner, Lake Charles, Monroe, Shreveport. The Parish of Houma/Terrebonne, Jefferson, plus affiliates of The Fuller Center for Housing: Northshore, The Fuller Center, Webster Parish.
Learn also about Federal programs and common questions.
The “Advantage option” provide $3,500 toward the cash you need for closing. Applicants choosing Advantage must make a minimum borrower contribution of 1% of the loan.
Auburn, Augusta, Lewiston, Portland.
The state of Maryland have a few statewide assistance program, plus the counties and cities housing agencies below have their own programs.
3 programs to help with down payment.
Flex Loans: has different option ranging from a 5,000 loan for downpayment, to 3% or 4% grant who doesn’t get repaid.
Special Assistance Grants: is a down payment assistance offering $1,500 or $2,500 depending on median income. Does not need to be repaid.
Partner Match: Funds in this program are provided in the form of a no-interest, deferred loan and may be used for down payment and closing costs.
Anne Arundel, Baltimore, Harford, Howard, Montgomery, Prince George’s.
Baltimore, Frederick, Gaithersburg, Hagerstown.
Learn also about Federal programs and common questions.
Massachusetts have one down payment assistance program for first time homeowner. Most major cities also have their own program. Contact these organizations for find about funding and eligibility.
Provides a statewide down payment program offering up to 5% of the purchase price or $15,000, whichever is less. This is a 2% fixed-rate loan with a 15 year term.
Adams, Arlington, Boston, Brockton, Cambridge, Easton, Fall River, Fitchburg, Framingham, Gloucester, Haverhill, Holyoke, Lawrence, Lowell, Lynn, Malden, Medford, Melrose, New Bedford, Peabody, Plymouth, Newton, Quincy, Salem, Somerville, Springfield, Taunton, Weymouth, Worcester.
The state of Michigan have a down payment assistance program and some cities have their own home program. Contact their housing authority.
Provides up to $7,500 in down payment assistance as a 2nd mortgage. It can be used for borrower closing cost, pre-paid expenses and down payment. It include 0% interest and no payments until the home is sold, refinanced, transferred or the MSHDA first mortgage is paid in full.
City of Grand Rapids, City of Lincoln Park, City of Midland, City of Warren, City of Wyandotte.
Detroit: Core City Neighborhoods, Grandmont/Rosedale Development, Motor City Blight Busters, New Hope Community Development.
Flint: Metro Housing Partnership
Learn also about Federal programs and common questions.
Minnesota has a statewide down payment program, plus the cities and counties below have their own programs.
Provides a downpayment and closing cost loan up to $15,000 either as Monthly Payment Loan with interest rate equal to your first mortgage rate and a 10-year loan term, or the Deferred Payment Loan Plus with loans up to $10,000 and there is no interest or monthly payments, and the loan term is equal to your first mortgage term. You must repay the loan when you move, sell, refinance.
Dakota County, Hennepin County, St. Louis County.
City of Duluth, Minneapolis, St-Paul.
Provides down payment assistance with almost all its mortgage products. The types varies from a loan up to 3.5% of the purchase price, a 2nd mortgage of $7,000 with a 10 year term.
All counties have funds provided by the Mississippi Home Corporation with the program above.
Learn also about Federal programs and common questions.
Missouri has a few down payment assistance programs managed by the organizastions below. The cities and counties below have their own programs.
Have the Cash Assistance Loan which is a foregivable 2nd mortgage of up to 4% of the mortgage amount.
Columbia, Independence, Joplin, Kansas City, Lee’s Summit, Springfield, St. Charles, St. Joseph, St. Louis City, St. Louis County, St. Peters.
Provides a down payment assistance programs for lenders and partners lending to homebuyers. The downpayment can range from $1,500 to $40,000 based on location and different criteria. It’s a 2nd loan being paid monthly or deferred until the home is sold.>/p>
This program is divided into 3 different options:
1- Bond Advantage Down Payment Assistance Program (DPA).
2- MBOH Plus 0% Deferred Down Payment Assistance Program.
3- NeighborWorks Montana Down Payment Assistance.
This organisation has a downpayment assistance program, which is a loan, with either 3% or 5% covering the price of your home as downpayment. This program can be either a non repayable grant or deferred payment when you sell your home.
Fergus, Judith Basin, Wheatland, Petroleum, Musselshell and Golden Valley Counties.
Billings, Bozeman, Glendive, Great Falls, Lewistown, Missoula, Ronan, Whitefish.
Learn also about Federal programs and common questions.
Its Homebuyer Assistance Program help you buy a house even if you only have $1,000 as down payment.
Allen, Hastings, Norfolk, North Platte, Omaha, Tekamah have their own down payment assistance programs. Contact their housing authority.
The state of Nevada have a few down payment programs covering the whole state. Some cities and county housing department have their own programs. Contact their housing department for details.
It division “Home is possible” provides a few down payment programs.
Home Possible Nevada: has a loan for up to 5% of your home value and it’s not only for first-time homebuyers. The loan has a 30 years term and there’s a one time $675 fee.
Home for Heroes: is similar to Home is Possible above but also have attractive mortgage interest and terms.
Home Is Possible For Teachers: provide $7,500 in bonus money for k-12 teachers and may be forgivable after 5 years. This program may stop December 31 2020.
Home at Last: Provides up to $24,000 in down payment assistance in the form of a 3 year second mortgage foregivable after living in your home the first 3 years.
Henderson, Las Vegas, Reno. Clark County and County of Lyon.
Learn also about Federal programs and common questions.
All its mortgage provides down payment assistance of 3% of your home value and its 100% forgivable after 4 years if you stayed in your home.
Manchester, Portsmouth housing agencies have their own programs. Contact them for more details.
New Jersey home improvement programs are located in the counties and cities below. Contact their housing authorities.
Offer $10,000 in down payment and closing cost. This is an interest-free, five-year forgivable second loan with no monthly payment.
Atlantic, Bergen, Burlington, Camden, Cumberland, Essex, Gloucester, Hudson, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Union,
Atlantic, Bergen, Burlington, Camden, Cumberland, Essex, Gloucester, Hudson, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Salem, Somerset, Union
Learn also about Federal programs and common questions.
New Mexico have a statewide down payment assistance programs (see below), and 3 countie have their own programs.
FIRSTDown provides up to $8,000 in down payment. HOMENow is a second mortgage providing up to $8,000 as down payment and closing cost, no monthly payment and the loan can be forgiven after 10 years.
Albuquerque, Las Cruces, Santa Fe.
The state of New York has a statewide down payment programs and most cities and counties also have their down programs. Don’t miss out and contact them.
Has a home Down Payment Assistance Loan with $1,000 to a maximum loan amount of 3% of the purchase price (up to $15,000) or $3,000, whichever is highest.
“HomeFirst” offers up to $40,000 toward down payment or closing costs and you’ll need to live in your home for 10 years.
The housing authorities below have down payment assistance help programs.
Albany, Auburn, Bronx, Brooklyn, Buffalo, Cortland, Elizabethtown, Geneva, Ithaca, Kingston, Long Island, Lyons, Morrisville, New York/Manhattan, Monticello, Niagara Falls, Norwich, Penn Yan, Queens, Rochester, Schenectady, Stamford, Staten Island, Syracuse, Utica, Voorheesville, White Plains, Yonkers.
Learn also about Federal programs and common questions.
Offers 2 down payment programs plus a tax credit to save for your home.
NC Home Advantage Mortgage: offers down payment assistance up to 5 percent of the loan amount. This is a 0 percent, deferred second mortgage, which is forgiven 20 percent per year at the end of years 11-15, with complete forgiveness at the end of year 15.
NC 1st Home Advantage Down Payment: offers $8,000 in down payment help. This is also a 0 percent, deferred second mortgage, which is forgiven 20 percent per year at the end of years 11-15, with complete forgiveness at the end of year 15.
Durham, Greensboro, Rocky Mount housing department have their own programs.
Provides 2 different state wide down payment assistance programs. Contact your lender to get the updated programs details.
Start: provides low to moderate-income buyers a down payment assistance.
DCA: provides low-income buyers with affordable mortgage loans that include down payment and closing cost assistance.
Bismarck, Dickinson, Fargo, Fort Berthold, Grand Forks, Jamestown, Minot, Spirit Lake, Standing Rock, Turtle Mountain, Williston housing authorities have their down payment programs.
Learn also about Federal programs and common questions.
Ohio have a few down payment programs available throughout the state. Some counties and cities below also have their own.
Your Choice! Down Payment Assistance allows homebuyers to choose either 2.5% or 5% of the home’s purchase price. Assistance can be applied towards down payments, closing costs or other pre-closing expenses. This assistance is forgiven after seven years. This program is available with all other Ohio Housing Finance Agency’s mortgage products.
Communities First: offers down payment assistance all over the state. It’s a 2% to 5% grant to be used for down payment and closing cost. As it’s a grant it doesn’t have to be repaid and doesn’t have a minimal length of occupancy.
Butler, Clark, Cuyahoga, Franklin, Hamilton, Lake, Lucas, Middletown, Montgomery, Summit.
Akeron, Canton, Cincinnati, Cleveland, Columbus, Dayton, Hamilton, Massillon, Springfield, Toledo.
OHFA Homebuyer Downpayment Assistance offers 3.5% or 4% toward your total loan amount. This is a loan with a 30-year fixed rate mortgages. Special rates for for teachers and first responders. It’s available in all 77 Oklahoma counties.
Lawton, Midwest City, Oklahoma City, Tulsa housing agencies have their own home improvement programs.
Learn also about Federal programs and common questions.
Provides up to $15,000.00 for down payment and/or closing costs to local organization offering down payment assistance. See the list below.
ACCESS, Bend Area Habitat for Humanity, Community Action Program of East Central Oregon, Community Action Team, Community in Action, Habitat for Humanity Oregon, Habitat for Humanity Portland/Metro East, Hacienda Community Development Corporation, Housing Authority of Yamhill County, Klamath & Lake Community Action Services, Native American Youth & Family Center, Neighborhood Economic Development Corporation (NEDCO), NeighborWorks Umpqua, Ortland Housing Center, Proud Ground, Willamette Neighborhood Housing Service, Willamette West Habitat for Humanity.
Bend, Clackamas County, Corvallis, Medford, Portland Housing Bureau, Springfield.
HOMEstead program offers up to $10,000 in downpayment and closing cost assistance in the form of a no-interest, second mortgage loan. HOMEstead funds are forgiven at 20 percent per year over five years. The minimum loan amount is $1,000.
The housing department of the counties below offer down payment and closing cost assistance programs.
Allegheny, Beaver, Berks, Bucks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Luzerne, Montgomery, Washington, Westmoreland.
The housing department of the cities below offer down payment assistance.
Allentown, Erie, Harrisburg, Lancaster, Philadelphia, Pittsburgh, Reading, Scranton, State College, Upper Darby, Wilkes-Barre, Williamsport, York
Learn also about Federal programs and common questions.
Offers a 15 year fixed second mortgage to finance the down payment and/or closing costs.
Cranston, Providence, Woonsocket.
South Carolina State Housing Finance and Development Authority: offer loans up to $6,000 and it comes with a 1% origination fee.
Learn also about Federal programs and common questions.
Offer a 3% of your mortgage cost, this loan is a 0% 2nd mortgage payable when you sell your home. No prior payment is requested.
Aberdeen, Sisseton, Yankton have down payment programs.
Great Choice Plus: This is a down payment assistance program is a 2nd loan worth 5% of your home purchase price (average $8,000). This loan have 0% interest and no monthly repayment, only repayment is when you sell your home.
Knox, Shelby.
Bristol, Chattanooga, Clarksville, Jackson, Kingsport, Knoxville, Memphis, Nashville.
Learn also about Federal programs and common questions.
The state of Texas have 2 state wide down payment assistance program and the counties and cites below housing departments have their own programs.
Provides down payment assistance with its first-time homeoweners loans. The amount can be up to 5% of your purchase price.
The Home Buyer Programs offers down payment assistance as part of their mortgage products. It offers up to 6% of your purchase price, and it’s a 30 year fixed rate based on different criteria. It’s s statewide program and not limited to first-time homebuyer.
Brazoria, Harris, Travis.
Abilene, Arlington, Austin, Baytown, Beaumont, Brownsville, Bryan, College Station, Corpus Christi, Dallas, Denison, Denton, Edinburg, El Paso, Fort Worth, Frisco, Galveston, Garland, Grand Prairie, Harlingen, Houston, Irving, Killeen, Lewisville, Lubbock, McKinney, Mesquite, New Braunfels, Odessa, Plano, San Angelo, San Antonio, San Marcos, Sherman, Texarkana, Texas City, Tyler, Victoria, Waco, Wichita Falls.
Offers up to $14,000 but you must still have 1% of the purchase price. This is a no payment no interest loan that is forgivable after a period of 5 years.
Home$tart can provide up to $7,500. Verify with your lender for possible new program’s criteria as this program should be renewed soon.
The counties below have housing agencies with down payment programs programs.
Beaver, Castle, Davis, Salt Lake, Summit, Utah, Watsach, Washington, Weber.
The housing agencies of the following cities with have down payment programs programs.
Brigham, Cedar City, Logan, Ogden, Provo, Salt Lake City, Taylorsville, West Jordan City, West Valley.
Learn also about Federal programs and common questions.
Their mortgages offers down payments as little as 0% down, and in some case up to $5,000 in closing cost/down payment,
Burlington, Windham/Windsor housing departments have down payment programs.
HOMEownership Down Payment and Closing Cost Assistance program provides 10% or 20% of the sales price as down payment, plus $2,500 for closing cost. This is deferred conditional grant you don’t have to repay unless you no longer stay in your home.
Offers a grant worth 2 to 2.5% of the purchase price and doesn’t have to be repaid. It can also be combined with other down payment programs.
Arlington, Chesterfield, Fairfax, Loudoun, Prince William have down payment programs.
These cities’ housing department manage down payment programs.
Alexandria, Bristol, Charlottesville, Chesapeake, Colonial Heights, Danville, Fredericksburg, Hampton, Harrisonburg, Lynchburg, Newport News, Norfolk, Alexandria, Bristol, Charlottesville, Chesapeake, Colonial Heights, Danville, Fredericksburg, Hampton, Harrisonburg, Lynchburg, Newport News, Norfolk, Petersburg, Portsmouth, Richmond, Roanoke, Staunton, Suffolk, Virginia Beach, Waynesboro, Winchester.
Learn also about Federal programs and common questions.
Provides a few different down payment assistance programs. See below.
Home Advantage DPA: Offer a loan up to 5% of your mortgage as second mortgage with a 0% interest rate, payment deferred for 30 years.
Home Advantage DPA Needs Based Option: Offers up to $10,000 as a 1% interest loan with payments deferred for 30 years.
Opportunity DPA: Offers up to $10,000 as a 2nd mortgage with 1% interest rate and its payment is deferred 30 years. This program is for targeted area only.
Veterans: Offer up o $10,000 as a second mortgage loan with a 3% interest rate and payments deferred for up to 30 years. This is for Washington state veterans only.
HomeChoice: Offers up to $15,000 for buyers with a disability or disabled family member living with them. It have a 1% interest second mortgage, and its payment are deferred. Repayment is due when home is sold, or if the home is refinanced or after 30 years.
The counties’ below housing authorities have down payment programs.
Bellevue/East King, Benton/Franklin/Walla Walla, Columbia/Garfield, Ferry/Pend, Oreille/Stevens, Kennewick, King, Kitsap, Pasco, Snohomish, South King, Spokane, Tacoma. Seattle, Whitman, Yakima.
Everett/Snohomish County, Kennewick, King County/outside of Seattle, Pasco, Richland, Seattle, Spokane, Spokane County, Tacoma, Vancouver/Clark County, Yakima.
Offers 2 down payment assistance programs linked to their mortage products “Homeownership” and “Movin’ Up” programs. Both are loan with a fixed rate and a 15 years term.
Homeownership: is a $7,500 or $10,000 loan based on your loan to value.
Movin’ Up: is a $5,000 or $8,000 loan based on your loan to value.
Charleston, Huntington, Martinsburg, Parkersburg.
Learn also about Federal programs and common questions.
The state of Wisconsin have 2 main statewide down payment and closing cost programs. Some cities and counties also have their own programs.
Have 2 different down payment assistance programs.
Capital Access Down Payment Assistance: is a 0% interest 2nd mortgage with no monthly payment and payment is deferred when the 1st mortgage is paid in full.
Easy Close Advantage: is a 10 year loan to be used for 100% of your downpayment and closing cost.
Dane, Milwaukee, Waukesha, Richland.
Beloit, Green Bay, Madison, Milwaukee.
Offers a loan up to $10,000 with 0% interest, and payment is deferred (no monthly payment) until one of the following happens: sale of the home, refinance or 30 year maturity.
Cheyenne.
Learn also about Federal programs and common questions.