Explore help with the upfront cost of a home.
Down payment and closing cost assistance may be available through eligible programs. Our team can help you review options for your location, household, and home purchase.
Could this fit your plans?
- You are planning to purchase an eligible primary residence.
- You want help understanding local or program-specific assistance.
- You are ready to review income, homebuyer education, and occupancy requirements.
What to have ready
Your exact checklist depends on the lender and your situation. A helpful starting point:
- Your target property location and estimated purchase budget.
- Household income and asset records required by the program.
- Homeownership history and any required homebuyer education documentation.
How lenders review this loan
These lender-specific examples show details that can shape your options. Your loan team will help you compare the requirements for your situation.
Understand the structure
Assistance can be a grant or an approved community second mortgage. Confirm which structure is being offered.
Match the first mortgage
The assistance must fit the underlying FHA, VA, USDA, Fannie Mae, or Freddie Mac program and the lender’s requirements.
Confirm the actual program
Your team will check the assistance conditions and current availability before including it in your financing plan.
A clear path forward.
Tell us what you have in mind
Start with your goal, property plans, and how you document income. Your loan team will help identify the relevant programs.
Review options with your loan officer
Compare the documentation, estimated costs, and payment structure. Understand what the lender needs before you move forward.
Build your application together
Your team guides you through the requested documents, lender review, and remaining steps toward closing.
Questions about down payment assistance?
Is all down payment assistance free money?
No. Programs differ: some offer grants, while others use repayable, deferred, or conditionally forgivable loans. Review the written terms before deciding.
Do I need to be a first-time buyer?
Some programs require first-time buyer status and others do not. The definition and any exceptions are specific to the program.
Can assistance be used with any mortgage?
No. Assistance programs can limit eligible first mortgages, lenders, properties, and borrowers. Your loan team will check compatibility and current funding before treating assistance as available.
Let’s find the right next step.
Start with a few details, then work with our loan team to compare your options.
Programs are subject to lender availability, borrower and property eligibility, and underwriting approval. This information is not a commitment to lend.