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Down Payment Assistance Programs You Might Qualify For

Down Payment Assistance Programs You Might Qualify For

Down Payment Assistance Programs You Might Qualify For

Saving for a down payment is one of the biggest hurdles to buying a home. But you might not have to do it alone. Here's the real list of down payment assistance programs I discovered when house hunting in 2025.

Infographic Showing Down Payment Assistance Options 2025

Common Types of Down Payment Assistance

  • ✔ Grants — free money you don't repay
  • ✔ Second Mortgages — deferred or low-interest loans
  • ✔ Forgivable Loans — erased after living in the home a few years

Typical Eligibility Factors

  • ✔ First-time home buyer (or not owned in 3+ years)
  • ✔ Income below certain limits (varies by area)
  • ✔ Buying in a target area or using a participating lender

Pro Tip: Layer Multiple Programs

In some cases, you can combine a grant with a low-down payment mortgage (like FHA or HomeReady). Always ask your lender about "stacking" assistance options to maximize your savings.

Popular Assistance Programs (2025)

  • ✔ State Housing Finance Agency (HFA) Grants
  • ✔ Local Down Payment Assistance Programs
  • ✔ National Programs like Chenoa Fund, HomeReady, and NACA

Final Word

If a down payment feels out of reach, don't give up. There’s a good chance you qualify for help — you just have to know where to look. 2025 is shaping up to be a great year to buy with support.

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Labels: down payment assistance programs, first time home buyer grants, low down payment mortgage options, homebuyer help 2025, mortgage tips

Search Description: Discover real down payment assistance programs for first-time buyers in 2025. Grants, forgivable loans, second mortgages, and more explained simply.

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