Delaware First-Time Homebuyer Down Payment Assistance

Delaware State Housing Authority

Available Down Payment

About This Program

Deferred second mortgage loan up to $15,000 (or 5% of purchase price) to help first-time homebuyers with down payment and closing costs. Loan is 0% interest, deferred until sale, refinance, or payoff of first mortgage.

DPA loan amount up to 5% of purchase price or $15,000, whichever is less

Key Details

  • Down payment assistance up to $15,000
  • 0% interest deferred second mortgage
  • First-time homebuyers with income up to 120% AMI
  • Must complete homebuyer education course
  • Can be combined with DSHA first mortgage

How to Apply

Deadline: Ongoing, subject to funding availability

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