Down Payment Assistance

PROGRAM HIGHLIGHTS:

• Program qualification based on borrower income only, not household income.
• Amount of assistance (up to 4%) is based on the lesser of the purchase price or appraised value, not the first mortgage loan amount.
• Available for LTVs between 80.01 – 97%*.

PROGRAM DETAILS:

• Purchase of a primary residence only.
• Fannie Mae/Freddie Mac Conventional or HomeReady®/Home Possible® Conforming or High Balance/Super Conforming
• Program not available in all states.

Underwriting: Approve/Eligible or Accept/Eligible from DU/LPA; manual underwriting not permitted. Non-occupant, co-borrower/co-signer income not permitted.