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Unlock homeownership with flexible down payment assistance options

Unlock homeownership with flexible down payment assistance options

Buy a Home

Understanding the Down Payment Assistance Program Process

Here’s how a down payment assistance program might work for you.

Step 1

Enter your info in our simple form or call today (833) 247-2306

Step 2

We operate in all 50 states across many DPA programs.

Step 3

A banker will help find the DPA program that might be right for you.

Unsure-Couple-asking-questions-to-banker

Unsure if you might qualify for assistance? Ask us

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.

Our Bankers can find the down payment assistance program that is right for you

Get Started

How Down Payment Assistance Can Help You Buy a Home

Here are some of the benefits of a DPA loan:

  • You can buy a home sooner.
  • You’ll have a lower monthly mortgage payment.
  • You’ll build equity in your home faster.
  • You’ll have a more stable financial future.

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.

Unsure if you might qualify for assistance? Ask the experts.

Down Payment Assistance (DPA) programs designed to support home buyers in all 50 states.

Get Started Today