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cturner@themtgsrc.com
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Down Payment Assistance –Making Homeownership More Affordable

Down Payment Assistance (DPA) programs are designed to help you cover the upfront costs of buying a home, making homeownership more accessible, especially for first-time buyers. These programs offer grants or low-interest loans to help with your down payment and/or closing costs.

Why Choose a Down Payment Assistance?

Down payment assistance programs can help eligible homebuyers reduce the upfront costs of purchasing a home. Our team can help you understand available programs and determine which options may fit your financial situation and homeownership goals.

No or Low Down Payment
Get help covering the down payment, so you don’t have to save as much upfront.
Grants or Forgivable Loans
Some programs offer grants that don’t need to be repaid, or loans that may be forgiven over time.
Lower Monthly Payments
With less money needed upfront, you may have lower monthly mortgage payments.
Variety of Programs
Different programs are available based on your income, location, and homebuyer status (e.g., first-time buyer).

Who Qualifies for a Down Payment Assistance?

First-Time Homebuyers
Many assistance programs are designed for first-time buyers, helping make homeownership more accessible with reduced upfront costs.
Income Limits
Eligibility may depend on your household income, with many programs setting maximum income limits based on the area and household size.
Credit Score Requirements
Depending on the program, you may need a minimum credit score (typically around 580 or higher).
Primary Residence
The home must be your primary residence (not an investment property).

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Still Have Questions? Let’s Talk Today!

Start the conversation and discover how we can help.

24/7 Support:
(864) 712-4511
Email Our Expert:
cturner@themtgsrc.com
Find Our Location:
Greencille , Spartanburg ,Greer
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