Down Payment Assistance for FHA Loans
Many down payment assistance (DPA) programs are offered on a state-by-state basis. However, the National Homebuyers Fund DPA program can be used with FHA loans nearly nationwide.
This program offers 3.5% in assistance — the exact down payment amount required for FHA loans.
program details
- Up to 3.5% second lien assistance
- Exclusively for FHA loans
- Offered in 48 states (exception: NY and WA)
- No income restrictions
- No first-time homebuyer requirement
- As low as 600 FICO
- Relaxed debt-to-income (DTI) restriction