When putting a down payment on a home, it is recommended that you hand over at least 20%. Many first time home buyers find this difficult to do and lack the appropriate funds to do so. Fortunately, there are a variety of programs that can assist you with your financial needs and bring you one step closer to buying that dream home.

Who is eligible?

Each state has its own rules for determining who qualifies for down payment assistance and how much money you are eligible to receive. Many DPA programs are limited to first-time home buyers. If you want to know if you qualify in your state, ask yourself the following questions first:

How much home do I want to buy?

What is my income?

How high is my credit score?

Do I have debt?

It is important that you are purchasing a home in your price range to avoid falling behind on payments. To learn more about the different down payment assistance programs in your state, register for our free seminar and find the answers that you have been looking for!