DSHA Home Sweet Home DPA Program

John Thomas June 6, 2023 Tags: , , ,
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DSHA Home Sweet Home Down Payment Assistance Program provides $12,000 toward down payment and closing costs to eligible home buyers purchasing in Delaware. 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.

What are the Guidelines for the DSHA Home Sweet Home Program?

This Delaware down payment assistance program requires home buyers to meet certain eligibility requirements. You must be purchasing a home in Delaware and MUST use an DSHA approved Mortgage Lender for your first mortgage. The first mortgage loan MUST be the DSHA Smart Start Mortgage Loan which is either a FHA Loan, VA Loan, USDA Loan, or Conventional Loan. Below are the Guidelines for being eligible for the DSHA Home Sweet Home DPA: Keep Reading...

DSHA Temporary Guideline Changes May 2020

John Thomas April 24, 2020 Tags: ,
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DSHA announced temporary guideline changes to their home buyer assistance programs for home buyers in Delaware. Effective with new reservations for their Preferred Plus Down Payment Assistance Program and their Base Rate Program their will be stricter guidelines for qualifying for the program if you are getting a FHA Loan, VA Loans or a USDA Loan. If you have questions please call the John Thomas Team at 302-703-0727 or you can APPLY ONLINE

Anybody with a qualifying credit score below 700 will have a maximum Debt to Income Ratio (DTI) of 45% in order to be eligible for the program. The minimum credit score to apply for the Delaware State Housing Authority Program is still 620 but there are now restrictions to the maximum DTI if credit score is below 620 starting in May 2020. Keep Reading...

Delaware Talent Cooperative DSHA Home Buyer Program for Teachers

John Thomas November 19, 2013 Tags: , , ,
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Delaware Talent Cooperative DSHA Home Buyer Program for Teachers provides eligible Delaware teachers below-market interest rate home loans for the purchase of a primary residence in Delaware. Call 302-703-0727 to apply for the program with Primary Residential Mortgage or APPLY ONLINE.


DSHA proudly announces a new partnership with the Delaware Department of Education to retain the outstanding educators of the Delaware Talent Cooperative here in the First State by offering reduced interest rate mortgages!

  • This new incentive offers .50% (50 basis points) off DSHA’s current mortgage interest rate to members of the Delaware Talent Cooperative.
  • The incentive can be used with any DSHA first mortgage program for first-time or repeat buyers. For information on DSHA’s first mortgage programs, visit our Homebuyer page at www.destatehousing.com
  • Delaware Talent Cooperative members looking to take advantage of this reduced rate may also participate in DSHA’s down-payment and closing cost assistance programs, with the interest rate reduction applying solely to the first mortgage.
  • The mortgage must be for a home purchase (not a refinance).
  • Qualified Delaware first time home buyers may also use the Delaware First Time Homebuyer Tax Credit!
  • All other program eligibility requirements apply, including income limits, purchase price limits, etc.
  • Keep Reading...

    DSHA Mortgage Bond Loan Update – April 17 2012 – Must have filed 2011 Tax Return in order to Qualify

    John Thomas April 17, 2012 Tags: , , , , ,

    DSHA First Time Home Buyer Mortgage Bond Loan Update  for April 17, 2012 – DSHA sent out a notice today and stated the following:

    2011 Federal Tax Returns Now Required

    Effective today April 17, 2012, any application submitted to DSHA must include 2011 Federal Tax Returns. We cannot accept an application for an extension, we must have the return. For the First Time Homebuyer Program, you must now submit returns for the years: 2011, 2010 and 2009.

    This means that if you have not filed then you are NOT ELIGIBLE To participate in the State of Delaware First Time Home Buyer Program thru the Delaware State Housing Authority (DSHA), this includes the down payment assistance program called the SMAL.

    If you are buying in New Castle County then you have other options for first time home buyer programs through New Castle County. New Castle County has the following programs:

    These programs will allow you to file an extension for 2011 and still participate in the program. If you would like to apply for any of these program call 302-703-0727 or you can APPLY ONLINE.

    John R. Thomas – NMLS 38783

    Certified Mortgage Planner – Primary Residential Mortgage, Inc.

    302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

    248 E Chestnut Hill Rd, Newark, DE 19713