Tag Delaware DPA Program

Tag Delaware DPA Program

PRMI DPA Advantage Grant Program

John Thomas May 5, 2019 Tags: , , ,
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PRMI DPA Advantage Grant Program

PRMI DPA Advantage Grant Program provides up to 2% as a forgivable grant to eligible borrowers using a FHA Loan to purchase a home. The PRMI DPA Advantage Grant program is an approved Delaware down payment assistance program by HUD so can be used with a FHA mortgage loan. Call 302-703-0727 to apply for the grant or APPLY ONLINE

2% Grant Program Highlights

The highlights of the PRMI DPA Advantage Grant Program are as follows:

  • Completely Forgivable grant of up to 2% of the purchase price.
  • May be combined with up to 6% seller paid closing costs
  • Minimum Qualifying Credit Score is 580
  • No Resale restrictions on the home
  • Must be Primary Residence
  • Approved Down Payment Assistance Program
  • Must Complete HUD Approved Home Buyer Counseling Class
  • Can Only be Used with a FHA Loan

Borrower Eligibility for PRMI DPA Advantage Grant Program

In order to be eligible to qualify for the 2% DPA Advantage Grant Program you must meet only ONE of the following categories: Keep Reading...