DPA Advantage is designed to provide down payment assistance in the form of a grant equal to 2% or 3.5% of the purchase price to a wide variety of eligible borrowers.
In addition to the other ways in which borrowers can qualify for down payment assistance, DPA Advantage may also help those who spend so much time helping everyone else. This includes:
Eligible properties: Single family homes, Manufactured, Condos and Town homes.
Eligible financing: Conventional, USDA, FHA, VA and One Time Close Construction
Also, don't forget DPA Advantage may be combined with up to 6% seller concession for closing costs, and there are no underwriting fees. This product is also available for all 1st Time Home buyers.