Stop Waiting, Start Planning: A Smarter Path to Homeownership with Down Payment Assistance

If saving for a down payment feels like the biggest barrier between you and homeownership, you’re not alone. But here’s some good news, you may not need to wait as long as you think.

Thousands of down payment assistance (DPA) programs across the country are designed to help first-time and repeat buyers cover upfront costs like down payments, closing costs, and even mortgage rate reductions. By using these resources strategically, you can make your home purchase more affordable — and achievable — much sooner.

Why Down Payment Assistance Matters

DPA programs can bridge the gap between what you’ve saved and what you need to buy a home. These programs can also make a big difference in your monthly payment and long-term financial outlook. Whether you’re working with a state or local housing agency, your employer, or a nonprofit, these programs offer real financial leverage to help you compete in today’s market.

With the right strategy, DPA can help you:

• Qualify for a home sooner
• Lower your monthly mortgage payment
• Reduce or eliminate out-of-pocket costs
• Buy in your preferred neighborhood or school district
  

Create Your DPA Strategy

Ready to take action? Follow these steps to start building your personalized DPA plan:

1. See if you’re eligible.
   Visit DownPaymentResource.com/Are-You-Eligible to explore programs available in your area. You may qualify for more help than you think!
   
2. Use our free checklist.
   Download the DPA Strategy Checklist to guide your conversation with your lender. It walks you through how to use DPA funds effectively, from reducing your down payment and closing costs to buying down your interest rate.
   
3. Bring your plan to your lender.
   Share your eligibility results and checklist to develop a customized DPA strategy that supports your goals and budget.
   

Your Path to Affordable Homeownership

Every homebuyer deserves a fair shot at owning a home, and help is out there to make it happen. The right down payment assistance program could be your key to unlocking homeownership faster than you imagined.

Download the DPA Strategy Checklist and take the first step toward your homebuying success story today.