Make Homeownership Possible

Down Payment Assistance programs can help you overcome the biggest hurdle to homeownership. Find out how you can get up to $100,000 for your down payment and closing costs today.
Down Payment Assistance
What is Down Payment Assistance?
Down Payment Assistance (DPA) programs help homebuyers with the funds needed for a down payment and closing costs—two of the biggest hurdles to homeownership.
$
Financial Support
DPA programs provide financial assistance ranging from $5,000 to $100,000 or more depending on your location and program eligibility. This money can be used for the down payment and closing costs.
🔑
Various Assistance Types
Assistance can come in various forms, including grants, forgivable loans, deferred payment loans, or low-interest loans. Many programs offer terms that don’t require monthly repayment.
💻
Program Flexibility
Programs are available nationwide through state and local governments, nonprofit organizations, and some private institutions. Each has its own requirements and benefits tailored to specific homebuyer needs.
Why DPA Matters
Why Down Payment Assistance Matters
For many Americans, saving enough for a down payment is the single biggest barrier to homeownership. Research shows it would take the average renter approximately 6.5 years to save for a 20% down payment on a median-priced home.

DPA helps bridge this gap, making homeownership possible much sooner. With DPA, qualified buyers can purchase a home with little to no money down, allowing them to build equity faster rather than continuing to pay rent.
Eligibility Requirements
While requirements vary by program, most Down Payment Assistance programs share these common eligibility criteria:
First-Time Homebuyer Status
Many programs require you to be a first-time homebuyer, defined as someone who has not owned a home in the past three years.
Income Limits
Most programs are designed to help low to moderate-income households and have maximum income limits based on your area’s median income.
Credit Score Requirement
While requirements vary by program, require a minimum credit score of 620 or higher.
Home Purchase Price Limits
Programs typically limit the purchase price of the home to ensure assistance goes to modest, reasonably-priced homes.
Homebuyer Education
Many programs require completion of a homebuyer education course to ensure you’re prepared for homeownership.
Primary Residence Requirement
The home must be your primary residence, not an investment property or second home.
Documentation You'll Need
  • Proof of income (pay stubs, W-2s, tax returns)
  • Bank statements showing savings/assets
  • Credit report (your lender will typically pull this)
  • Photo ID and Social Security Number
  • Proof of first-time homebuyer status (if required)
Documentation
Available Programs
There are hundreds of Down Payment Assistance programs throughout the country. Here’s an overview of the major types of programs available:
Federal Programs
Nationwide assistance programs backed by federal agencies
FHA Down Payment Assistance
Allows you to purchase a home with as little as 3.5% down, and these funds can come from an approved DPA program.
Learn more
VA Home Loans
For veterans and active duty military members, offering 0% down payment options without PMI requirements.
Learn more
USDA Rural Development
Offers 0% down payment loans for homes in eligible rural areas.
Learn more
State & Local Programs
Programs specific to your state or local community
State Housing Finance Agency Programs
Most states offer down payment and closing cost assistance through their Housing Finance Agency.
Learn more
City & County Programs
Many local governments offer down payment assistance programs specifically for their residents.
Learn more
Community Development Corporations
Nonprofit organizations that often provide down payment assistance in specific neighborhoods.
Learn more
Professional Programs
Programs for specific occupations or groups
Good Neighbor Next Door
For teachers, firefighters, law enforcement, and EMTs, offering homes at 50% discount in revitalization areas.
Learn more
Employer Assisted Housing Programs
Some employers offer down payment assistance as an employee benefit.
Learn more
Union-Sponsored Programs
Some labor unions offer homebuyer assistance programs for their members.
Learn more
Program Availability: Down payment assistance programs vary by location, and availability can change based on funding. The best way to find current programs you qualify for is to consult with a mortgage professional who specializes in these programs. They can help you navigate the options and find the best fit for your specific situation.
Frequently Asked Questions
How much down payment assistance can I receive?
The amount of assistance varies widely based on the program, location, and your eligibility. Some programs offer a few thousand dollars, while others may provide up to $100,000 or more. State and local programs often offer between $5,000 and $10,000, but this can vary significantly.
Do I have to repay down payment assistance?
It depends on the program. Some offer grants that never need to be repaid. Others provide forgivable loans that are forgiven if you stay in the home for a certain period (often 5–10 years). Some programs offer deferred payment loans that must be repaid when you sell, refinance, or pay off your mortgage, and some provide standard loans with monthly payments.
Can I use down payment assistance with any mortgage?
Not always. Many down payment assistance programs are designed to work with specific mortgage products. For example, some may only be available with FHA loans, while others work with conventional, VA, or USDA loans. Your mortgage professional can help match you with compatible programs.
How long does the application process take?
The timeline varies by program, but you should generally allow for extra time compared to a standard mortgage. Some programs can be processed alongside your mortgage in 30–45 days, while others might take additional weeks. Starting the process early is always recommended.
Will down payment assistance affect my offer when buying a home?
It can. Some sellers or agents may have concerns about down payment assistance programs causing delays or complications at closing. Having a pre-approval letter and working with a knowledgeable real estate agent who can educate the seller about the program can help overcome these objections.
Can I combine multiple down payment assistance programs?
Sometimes. Some homebuyers successfully stack multiple forms of assistance, but program rules vary. Some explicitly prohibit combining with other programs, while others may allow it. A mortgage professional experienced with down payment assistance can help you navigate these possibilities.

E Mortgage Capital. Inc.

NMLS#: 1396861

915 Highland Pointe Dr, Roseville, CA 95678, USA

3401 Mallory Ln, Franklin, TN 37067, USA

18071 Fitch, Irvine, CA 92614, USA

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at