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New Castle County DPS Program 2022

New Castle County DPS Down Payment Assistance Program 2022 is a Delaware down payment assistance program for First Time Home Buyers to help with down payment and/or closing costs. The program will lend Delaware first time home buyers up to $10,000 that is recorded as a second mortgage loan against the property being purchased. The New Castle County DPS Program loan is an 15-year loan at 0% interest but payments are deferred for the first two years. In order to qualify for the program, you must use a Delaware approved mortgage company. Call 302-703-0727 to apply for the program or to get more information or APPLY ONLINE.
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New Castle County Down Payment Programs – Update May 10, 2010

John Thomas May 10, 2010 Tags: Delaware Down Payment Assistance Programs, New Caslte County Home Buyer Programs, New Castle County DPS, New Castle County HIP

New Castle County in Delaware has two popular programs to help First Time Home Buyers purchase homes in Delaware. The first program is the New Castle County Down Payment Settlement Program (DPS). This will lend up to $5,000 toward closing costs and down payment. The program has been for anywhere in New Castle County but effect July 1, 2010, it will no longer be able to be used in the City limits of Wilmington.

The Second Program from New Castle County is the Homebuyer Incentive Program (HIP), this program will lend up 3.5% of the purchase price up to $10,000 for a down payment in targeted neighborhoods only. The program has run out of money and not able to be used right now. The program will be funded on July 1, 2010, so there is a waiting list to get on for the funds currently.

If you would like to see if you qualify for one of these programs, feel free to call me, John Thomas, at 302-703-0727 or you can also APPLY ONLINE HERE.

You can also register for our next Delaware First Time Home Buyer Seminar on May 22, 2010, by visiting www.DelawareMortgageLoans.net/seminars

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