Down Payment Assistance Pricer
Live pricing for down payment assistance programs. Each section below is a distinct DPA offering with its own eligibility rules and pricing engine.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
1st lien: $386,000 at 96.5% LTV (FHA)
2nd lien: $14,000 (10-yr fixed, 1st rate + 2%)
Assistance is due upon transfer, sale, or refinance. Pricing estimate only — final rates, fees, and eligibility are determined by the lender.
FHA Down Payment Assistance
Up to 5% assistance; 10-year repayable second at first rate + 2%. 600+ FICO, non-occupant co-borrowers allowed.
▸Program details
- ✓Minimum credit score: 600 (620 for manufactured homes)
- ✓Assistance: 3.5% or 5% of the lesser of purchase price or appraised value
- ✓High balance loan limits allowed for 3.5% and 5% repayable
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fully-amortizing, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap on the repayable option
- ✓Purchase of primary residence only
- ✓Non-occupant co-borrowers allowed
- ✓Eligible properties: 1-2 units, PUD, condos, townhomes, modular, manufactured (double-wide only)
- ✓Minimum loan amount: $55,000
- ✓Minimum LTV/CLTV: 90%
- ✓DTI per AUS or FHA 4000.1 manual underwriting
- ✓First lien: FHA 30-year fixed (25-year option also available)
- ✓Buydowns not allowed on this program
- ✓Not eligible in New York
Assistance amount
1st lien: $386,000 at 96.5% LTV (FHA)
2nd lien: $14,000 (10-yr fixed, 1st rate + 2%)
Assistance is due upon transfer, sale, or refinance. Pricing estimate only - final rates, fees, and eligibility are determined by the lender.
More DPA programs coming soon. Second lien payment is computed from program rules.