You May Not Need as Much Down as You Think
Saving for a down payment is one of the biggest hurdles to buying a home, but it doesn’t have to hold you back. Depending on the program, you may qualify for grants, forgivable loans, or shared equity options that reduce what you need to bring to closing. Our team will walk you through the programs available in your area and help you find the combination that fits your budget and your goals.
Achieving Homeownership with Down Payment Assistance
Down payment assistance offers a powerful pathway to help you secure your first home, even when savings feel out of reach. Programs may include forgivable grants, assistance with down payments and closing costs, or shared equity options that reduce upfront expenses.
Explore Options for Assistance
Explore the down payment assistance programs available in your area. Once you have identified potential options, we provide a personalized consultation to determine the best fit for your needs and ensure these assistance programs align with your primary mortgage. Our team is dedicated to answering your questions and ensuring you receive the support you deserve to make your dream of owning a home come true.
Grants
These are funds that become forgivable after the homeowner has owned the property for a specific period of time
Second Mortgage Loan Programs
These programs provide a loan to cover down payment and closing costs, potentially allowing the buyer to bring no money to the closing
Shared Equity Programs
These programs provide funds for the down payment and closing costs, but they require repayment from the home’s equity at a later date
How to Get Started
We provide a simple path to homeownership. The journey starts with an inquiry where you share a few basic details about your homeownership goals. From there, our team cross-references your profile against hundreds of available federal, state, and local programs to find the maximum assistance you qualify for. Once we find your match, we bake that grant or loan directly into your mortgage pre-approval, giving you the green light to shop for your dream home with total confidence and significantly less money out of pocket.
1. Inquiry
Share a few basic details about your homeownership goals.
2. Program Review
Our team cross-references your profile against hundreds of available federal, state, and local programs.
3. Pre-Approval
We bake that grant or loan directly into your mortgage pre-approval.
Down Payment Assistance FAQs
Read more about down payment assistance and how we can help. If you have other questions, reach out to our team.
It depends on the specific program, but many options don’t require traditional monthly payments. Some are structured as grants, while others are forgivable loans that disappear entirely if you stay in the home for a set number of years. We will always prioritize matching you with the programs that have the friendliest terms first.
Yes! Fortunately, the majority of down payment assistance programs are flexible and can be applied to both your down payment and your closing costs to minimize your total out-of-pocket expenses.
Generally, yes. The home must be your primary residence and it must meet standard safety guidelines.