As a first time home buyer, you may be eligible for Down Payment Assistance (DPA) or a Mortgage Credit Certificate (MCC). Our certified housing counslors are well versed in the DPA and MCC programs and will show you how to gain access to them prior to purchasing your first home.
Down Payment Assistance offers low or zero interest rates, deferred payments and in some cases, forgivable loans.
A Mortgage Credit Certificate may offer a tax credit for a portion of the mortgage interest you will pay annually. In most cases, you are able to utilize the tax credit year-after-year, as long as you occupy the home as your primary residence, have the original first mortgage and income qualify.
Talk with a housing counslor to learn more about income qualification requirements for these programs.
Down Payment Resource creates opportunity for homebuyers, Realtors and lenders by uncovering programs that get people into homes. For information on how to apply for Down Payment Assistance Programs you may qualify for, please visit: