Down Payment Assistance Program

Coming up with a down payment is one of the biggest hurdles to buying a home. That's why we offer the FHA Buyer's Choice Down Payment Assistance (DPA) Program, designed to make homeownership more accessible.

What is the Down Payment Assistance program?

The DPA program provides 3.5% or 5.0% of your home's purchase price to help cover your down payment and closing costs. It's available to buyers across the country (except New York) and does not require you to be a first-time homebuyer or fall under an income limit. More people qualify than you'd think.

Two flexible options

10-Year Repayable Option

• Low interest: choose the repayment plan that works best for you with 10, 20, or 30-year terms.
• Credit score: ideal if your score is 660 or higher.

5-Year Forgivable Option

• No repayment required: 0% interest, and after 5 years the assistance is completely forgiven.
• Flexible for lower credit scores: available with a score of 620 or higher.

Why choose this program?

• No hidden restrictions. You don't need to be a first-time buyer or meet income limits.
• Nationwide availability. Almost every state, so you have more freedom in where you live.
• More than the down payment. Funds can also cover closing costs and other expenses.

Ready to get started?

Want to see if you qualify? The EPiQ Lending team is committed to making your homeownership goal real. Reach out today and take the next step.