For many homebuyers, combining financial resources is key to making homeownership affordable. If you’re exploring Down Payment Assistance (DPA) programs, you might wonder: can you use multiple assistance programs together? The answer is often yes, and doing so can significantly reduce your upfront costs. Here’s how you can layer these...
Down Payment Assistance Programs in the 50 States: Common Themes & Highlights
Shared Features Across State DPA Programs Grant, Loan, or Forgivable ModelsMost DPAs come in one of three forms: grants (non-repayable), deferred second‑mortgage loans (often interest‑free and forgiven after a set period or sale), or forgivable loans if certain conditions—like occupancy—are met. Primary Residence RequirementA near-universal requirement is that assistance be...