Down Payment Assistance

Down Payment Assistance (DPA) programs provide financial support to help homebuyers cover the upfront cost of a down payment and sometimes closing costs. These programs are often offered by government agencies, nonprofits, or lenders to make homeownership more accessible. DPA can come as grants, which do not need to be repaid, or loans, which may have favorable terms. By reducing the initial cash needed, DPA programs enable more qualified buyers to purchase homes, especially those with limited savings or in underserved communities, fostering broader homeownership opportunities.