17-Jun-2025
Our DPA programs can be used to help cover your down payment, closing costs, or to buy down your interest rate in order to lower your monthly mortgage payment. They’re designed to reduce the upfront costs of purchasing a home and make homeownership more affordable. However, the DPA cannot be used with 203(k) renovation loans or other similar rehabilitation loan products. If you’re unsure whether your loan type qualifies, your lender can help determine eligibility based on the program guidelines.
