Data Supporting Equity DPA SPCP

Our services are available to anyone in need, regardless of age, gender, race, or religion.

You can apply for Equity Down Payment Assistance SPCP services by visiting our website and filling out the online application form or by visiting one of our locations and filling out a paper application.

Equity Down Payment Assistance SPCP offers a variety of services, including food assistance, shelter, medical care, and education programs.

It is to make access to financing easier for groups that might have a more challenging time qualifying for loans or credit because their communities were previously underserved.

Homeownership Council of America doesn't provide direct services to homebuyers. There are lots of other organizations that can help you. You can find a HUD-Approved Housing Counseling Agency near you using this link. A housing counselor will help you with homebuyer preparation and guide you through the homebuying process. They will also be familiar with local down payment assistance options.

If you haven't owned a property in the last three years, you are eligible.

No. EQUITY DPA is only available through participating lenders.

If you sell or refinance before the end of seven years, you may need to repay the loan.

All participating lenders are listed in our Equity database.

No, but your income requirement must be sufficient to qualify for the amount of your mortgage.

EQUITY DPA is a forgivable loan. If you remain in your home with the same mortgage for seven (7) years, the entire loan amount will be forgiven. If you sell or refinance before the end of seven years, you may need to repay the loan.