What Are Down Payment Assistance Programs?
Short Answer
Down Payment Assistance (DPA) programs help cover down payment and closing costs through grants or forgivable loans.
Types of Assistance
-
Grants
-
Forgivable second mortgages
-
Deferred-payment loans
Eligibility
-
Income limits
-
First-time buyer status (often flexible)
-
Primary residence requirement
???? Check DPA programs in Ohio & Louisiana