You May Not Need Years to Save for a Down Payment

When many buyers hear “Down Payment Assistance,” they assume it won’t work for them.

They think it’s only for first-time buyers… has strict income limits… or comes with too many restrictions.

The reality? Many of today’s programs are far more flexible than people realize.

Buyers may be able to:

• Purchase 1–4 unit properties and use rental income to qualify
• Get up to $25K+ in assistance
• Buy even if they already own property
• Use seller credits to reduce their interest rate
• Purchase certain manufactured homes
• Even buy with little or no money out of pocket

For some buyers, this can mean getting into a home sooner and starting to build equity earlier instead of waiting years to save.

If you’re curious whether a program like this could work for you, reach out. Happy to walk you through the options.

Special Thanks to Nicole Rueth for this out of the box thinking on how buyers can take advantage of Down Payment Assistance (DPA).