Equity Down Payment Assistance
Ensure you are mortgage-ready.
This means you have stable and documentable income for 2 or more years, manageable monthly debt payments, and a good payment history. For questions and an opportunity to learn all about the details or speak with a HUD certified counselor, we recommend contacting your local HUD approved organization.
Contact a participating Lender.
Equity DPA is available through our approved mortgage lender partners, whose Mortgage Loan Officers can assist you with a range of mortgage options and down payment assistance wherever available. See buttons/links to approved lenders in available areas below.
Get pre-approved and find a home!
Once pre-approved from your new lender, you'll be able to confidently shop for your first home. If you are buying a new home from a builder, additional incentives and mortgage options will be available through their preferred lender.
Enjoy stable long-term homeownership.
Equity DPA forgives AFTER 5 years of stable owner-occupied homeownership of your new home. If you sell your home prior to the end of the 5-year term or perform a cash-out refinance, you'll repay the Equity DPA amount we provided and pay it forward to the next homebuyers we assist with these donated funds.