Its DPA offers a second home loan for as much as step three

Its DPA offers a second home loan for as much as step three

Arizona: The newest Washington Institution out-of Housing offers deposit assistance the help of its Family In addition to program. The application form provides a thirty-season repaired-rate financial or over so you’re able to 5% of amount borrowed in down payment assistance.

Arkansas: The Arkansas Invention Loans Expert has the benefit of DPA and their The home of Own system. The program will bring around six% (around $10,000) of the home cost during the down-payment recommendations and you will closure costs.

California: The fresh new California Housing Loans Company even offers multiple DPA, including the MyHome Guidance Program in addition to College or university Teacher and you will Employee Direction Program. The MyHome Direction System brings candidates with an excellent deferred-fee junior financing to step 3.5% of the cost or appraised worthy of to greatly help with down percentage and/otherwise settlement costs. Lire Plus