Down Payment Assistance | Get FHA, VA, USDA Mortgage Rates and Tips

DSHA First State Home Loan DPA Program

John Thomas August 18, 2024 Tags: Delaware Down Payment Assistance, Delaware First Time Home Buyer

DSHA First State Home Loan Down Payment Assistance Program was formerly known as the Preferred Plus DPA Program. The First State Home Loan is a second mortgage loan to help Delaware home buyers with down payment and closing costs. The program is a 0% interest loan and requires no payments for 3% of the mortgage loan amount. The program can only be used in combination with a DSHA Welcome Home Mortgage Loan or a DSHA Home Again Mortgage Loan. Get Started by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

DSHA Home Again Mortgage Loan

DSHA Home Again Mortgage Loan Program is for Delaware home buyers that do NOT meet the requirements for a DSHA Welcome Home Mortgage Loan. Delaware State Housing Authority Home Again Mortgage Program has a higher income limit and allows for non-first time home buyers to qualify for a home loan program. The program is available for anybody purchasing in the State of Delaware even out of state residents as long as purchasing in one of the three counties in Delaware. This program can be combined with any of the three down payment assistance programs offered by DSHA. Get Started today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

PRMI Welcome Home Down Payment Assistance Program

John Thomas October 3, 2023 Tags: down payment assistance program, first time home buyers, Home Buyer Grant Programs

PRMI Welcome Home Down Payment Assistance Program provides up to 5% down payment and closing cost assistance to home buyers. You can get an FHA 101.5% financing by combing the PRMI FHA first mortgage with the 5% DPA Loan. This program is great for first time home buyers and repeat home buyers. Get Started today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE.

PRMI Welcome Home Down Payment Assistance Program Guidelines

The Guidelines for qualifying for the Welcome Home DPA Program are as follows:

Available with PRMI FHA Loan or PRMI USDA Loan
Minimum 620 Credit Score
No Income Restrictions except USDA Loan guidelines
Temporary Interest Rate Buy Down Options
Do NOT have to be a First Time Home Buyer
Available Nationwide except NY
Second Mortgage Loan for Down Payment & Closing Costs
Repayable and Forgivable Options for the DPA Loan

What are the Eligible Property Types for the Welcome Home Program?

The PRMI Welcome Home DPA Program allows borrowers to purchase properties that are on the eligible list. The following are eligible property types for the DPA program: Keep Reading...

DSHA Delaware Diamond DPA Program

John Thomas June 7, 2023 Tags: Delaware Down Payment Assistance, Delaware First Time Home Buyer, Delaware mortgages, DSHA Delaware Diamond DPA Program

DSHA Delaware Diamond DPA Program refunded January 30, 2024 and gives Delaware Essential Workers $10,000 toward purchasing a home in Delaware. If you are a current Delaware Resident living and working in Delaware as an “Essential Worker” then don’t miss this opportunity to get $10k from the Delaware State Housing Authority to help you purchase a home. Limited Funding so call now to get started at 302-703-0727 or APPLY ONLINE.

WHAT ARE THE GUIDELINES FOR THE DSHA DELAWARE DIAMOND DPA PROGRAM?

The DSHA Delaware Down Payment Assistance Program (DPA) will be a soft second mortgage loan for $10,000 toward closing costs & down payment. The loan will be forgiven after 10 years. In order to qualify must be employed in Delaware as an Essential Worker. Below are the guidelines for the Program: Keep Reading...

DSHA Home Sweet Home DPA Program

John Thomas June 6, 2023 Tags: Delaware Down Payment Assistance, Delaware First Time Home Buyer Programs, DSHA, DSHA Home Sweet Home DPA

DSHA Home Sweet Home Down Payment Assistance Program provides $12,000 toward down payment and closing costs to eligible home buyers purchasing in Delaware and was just refunded January 30, 2024. If you are a Delaware home buyer then you don’t want to miss out on your chance to get from the State of Delaware to help you purchase your home. You don’t even have to be a Delaware First Time Home Buyer, you can be a repeat home buyer. Find out if you qualify by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

Wilmington Delaware First Start Homebuyer Down Payment Program

John Thomas June 28, 2022 Tags: City of wilmington down payment assistance program, Delaware Down Payment Program, down payment assistance program, Wilmington Delaware DPA Program, Wilmington First Start homebuyer program

City of Wilmington Delaware First Start Homebuyer Down Payment and Settlement Assistance Program is a new program to help Delaware First Time home buyers purchasing in the City of Wilmington, Delaware. The program is designed to promote homeownership in the city limits and is available beginning November 13, 2023. The down payment program will provide eligible homebuyers with loans of up to $15,000 for down payment and settlement costs for purchasing a home within the city of Wilmington. You can apply for the program by calling the John Thomas Team with Primary Residential Mortgage at 302-703-0727 or APPLY ONLINE Keep Reading...

Sussex County Homebuyer Assistance Housing Trust Fund

John Thomas May 13, 2022 Tags: Down Payment Assistance, Down Payment Programs

Sussex County Homebuyer Assistance Housing Trust Fund is a Delaware Down Payment Assistance Program for homebuyers purchasing in Sussex County, Delaware. The program provides between $10,000 and $30,000 of assistance for down payment and/or closing costs. Prospective homebuyers must be purchasing the home to be their primary residence. If you would like to apply for the Housing Trust Fund Homebuyer Assistance program give the John Thomas Team a call at 302-703-0727 or APPLY ONLINE

What is the Sussex County Homebuyer Assistance Program?

The Sussex County Housing Trust Fund (SCHTF) is providing Direct Home Buyer Assistance to people purchasing a primary residence in Sussex county. The down payment assistance program is being administered by Sussex County Community Development & Housing Department (CD&H). The DPA Funds are available until December 31, 2024 or until the funds run out. Sussex County intends to use the Homebuyer Assistance funding to provide affordable homeownership opportunities to qualifying homebuyers purchasing homes in Sussex County Delaware. Keep Reading...

Dover Delaware First Start Down Payment Assistance Program

John Thomas October 13, 2019 Tags: City of Dover Down Payment Program, Delaware Down Payeent Assistance Program, Delaware Down Payment Program, Delaware first time home buyer program

Dover Delaware First Start Down Payment Assistance Program is a down payment and closing cost assistance program provided by the City of Dover to encourage home ownership within the city limits of Dover, Delaware. The program is designed to assist low income families and moderate income families purchase an eligible property in the City of Dover. Call 302-703-0727 to get more information or to Apply. You can also APPLY ONLINE.

How Do You Qualify for the Dover First Start Down Payment Program?

In order to be eligible to qualify for the City of Dover Delaware Down Payment Assistance Program you must NOT have owned a principal residence in the last 3 years. There is one exception for single parents who have not owned a home for at least one year except as part of a joint ownership. You must also meet the following qualifications: Keep Reading...