Down Payment Assistance Programs

We’ve got your back when it comes to buying a home! Don’t let down payment stop you from owning the house of your dreams – we collaborate with lenders that accept some seriously helpful Down Payment Assistance Programs in Pennsylvania and Florida. Check these out and get ready for homeownership!

Who Can Benefit from DPAs

Down Payment Assistance Programs are designed for a variety of potential homebuyers. Whether you’re a first-time buyer, a low-income family, or just someone struggling to gather enough funds for a down payment, there’s likely a DPA that could benefit you.

Types of Down Payment Assistance

Various forms of assistance are available, including:

• Grants: These are funds that you do not have to repay, provided you fulfill certain conditions, typically involving living in the home for a set period.
• Second Mortgages: These are loans with favorable terms, often with low or deferred interest payments.
• Tax Credits: Some programs provide tax breaks rather than direct financial assistance.

Applying for Down Payment Assistance

The application process for DPAs varies by program and location. We at Innovative Mortgage Brokers work with lenders who accept these assistance programs and we can guide you through the process.

Please reach out to us for the most up-to-date information about the currently available Down Payment Assistance Programs. As part of our commitment to providing flexible solutions and professional service, we’re ready to help you find a mortgage solution that fits your unique needs.

Start Your Homeownership Journey Today

Don’t let the initial down payment deter you from owning your dream home. Explore the options available to you and take that first step towards homeownership today. Contact us at Innovative Mortgage Brokers, and let us help you navigate these beneficial programs.

To find a program that suits your needs, here is a great resource. This tool allows you to search for programs based on your location and personal circumstances.

Below is a short list of just a few of the many programs available. Remember, finding the right DPA is just the first step. At Innovative Mortgage Brokers, we’re here to guide you through every part of the homebuying process, ensuring you make the most of the opportunities available.

The list is constantly changing. Reach out for more up to date info.