NOTICE: Some FHA mortgage lenders are substantially raising FICO score requirements during the Coronavirus crisis, even though FHA minimums remain unchanged.
- Improving Your Credit Score Has Never Been More Important -
(Note: All figures were accurate at the time of publication and may no longer be current - visit the program website for updated information.)
Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.
FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.
This grant provides funds to homebuyers whose savings fall short of the necessary upfront costs of the mortgage process. The grant amount (which does not require repayment) can be as much as 5 percent of the loan amount, to be used towards down payment and closing costs.
Qualifying applicants receive a customizable grant with different loan types, including FHA, VA, USDA, or the Fannie Mae HFA Preferred Conventional loan. All Home at Last loans are 30-year, fixed rate mortgages, and the grants do not have to be paid back.
Do you know what's on your credit report?
Learn what your score means.
This is where the content goes