Here’s how a down payment assistance program might work for you.
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We operate in all 50 states across many DPA programs.
A banker will help find the DPA program that might be right for you.
At The Federal Savings Bank, we understand that saving for a down payment can be a significant barrier to home ownership. That’s why we’ve developed a range of Down Payment Assistance (DPA) programs designed to support home buyers like you. Our goal is to help you achieve your dream of homeownership and enjoy the benefits of investing in your future.
Here are some of the benefits of a DPA loan:
To qualify for DPA, you’ll need to meet certain income and credit requirements. Working with a trusted mortgage banker can help you better understand what DPA program may work best for you.
Down payment assistance requirements are based on the mortgage insurer or guarantor’s guidelines. Down Payment Assistance Program, which assists eligible homebuyers with purchasing a home, may fund down payment and closing costs. Down payment assistance programs are not eligible for all potential homebuyers.
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to you individual situation.
Down Payment Assistance (DPA) programs designed to support home buyers in all 50 states.