Loan Products
DSHA’s Homeownership Loan Program provides affordable financing to low and moderate income Delawareans.
Our current rates are:
| Product | Welcome Home | Home Again |
|---|---|---|
| FHA, VA, RD, Smart Start* | 5.625% | 6.625% |
| FHA, VA, RD, First State Home Loan** | 5.75% | 7.125% |
| FHA, Diamond In The Rough*** | 5.25% | N/A |
| Freddie Mac, Smart Start* | 6.00% | 7.125% |
| Freddie Mac, First State Home Loan** | 6.25% | 7.625% |
Program Highlights
Welcome Home: Applicant must meet the definition of a First-Time Homebuyer
Home Again: Available for First-Time and Repeat Homebuyers
Asterisks (*) next to program name describes the down payment assistance associated with the loan product.
* Unassisted Loan, no down payment or closing costs assistance.
** Applicants will be provided 3% of their final loan amount, applicants(s) must meet the qualifications of the First State Home Loan Program.
*** Applicants will be provided 5% of their final loan amount, applicants(s) must meet the qualifications of the Diamond in the Rough Program.
Available loan products include:
- FHA, VA and USDA 30 year fixed-rate loans.
- Conventional 30-year fixed-rate loans.
Contact a participating lender to begin the application process.