Delaware State Housing Authority Delaware State Housing Authority
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Loan Products

DSHA’s Homeownership Loan Program provides affordable financing to low and moderate income Delawareans.

Our current rates are:

Product
Welcome HomeHome Again
FHA, VA, RD, Smart Start*
6.00%6.625%
FHA, VA, RD, First State Home Loan**6.125%7.00%
FHA, Diamond In The Rough***6.125%N/A
Freddie Mac, Smart Start*6.375%7.00%
Freddie Mac, First State Home Loan**6.625%7.375%

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:

  1. FHA, VA and USDA 30 year fixed-rate loans.
  2. Conventional 30-year fixed-rate loans.

Contact a participating lender to begin the application process.

Lenders

Delaware State Housing Authority

18 The Green
Dover, DE 19901
(302) 739-4263
Toll Free: 888-363-8808

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